Generali Investments CEE investicni spolecnost a.s. Buys 18,772 Shares of Groupon, Inc. (NASDAQ:GRPN)

Generali Investments CEE investicni spolecnost a.s. raised its holdings in Groupon, Inc. (NASDAQ:GRPN - Free Report) by 10.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 198,062 shares of the coupon company's stock after buying an additional 18,772 shares during the quarter. Generali Investments CEE investicni spolecnost a.s. owned approximately 0.50% of Groupon worth $3,718,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. GAMMA Investing LLC lifted its position in Groupon by 48,700.0% during the 1st quarter. GAMMA Investing LLC now owns 5,856 shares of the coupon company's stock worth $1,100,000 after acquiring an additional 5,844 shares in the last quarter. California State Teachers Retirement System raised its position in shares of Groupon by 6.8% during the 4th quarter. California State Teachers Retirement System now owns 23,897 shares of the coupon company's stock valued at $290,000 after acquiring an additional 1,526 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Groupon by 32.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 88,463 shares of the coupon company's stock valued at $1,075,000 after acquiring an additional 21,918 shares in the last quarter. Tyro Capital Management LLC acquired a new stake in Groupon in the fourth quarter worth $20,964,000. Finally, Prentice Capital Management LP increased its position in Groupon by 291.3% in the fourth quarter. Prentice Capital Management LP now owns 781,694 shares of the coupon company's stock worth $9,498,000 after buying an additional 581,943 shares during the period. 90.05% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on GRPN shares. The Goldman Sachs Group increased their target price on Groupon from $9.00 to $15.00 and gave the stock a "sell" rating in a research report on Monday, May 12th. Wall Street Zen cut shares of Groupon from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. Northland Securities upped their price objective on shares of Groupon from $30.00 to $35.00 and gave the stock an "outperform" rating in a report on Tuesday, June 3rd. Roth Mkm increased their target price on shares of Groupon from $21.00 to $24.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. Finally, Ascendiant Capital Markets boosted their price target on shares of Groupon from $14.00 to $19.00 and gave the stock a "buy" rating in a research report on Monday, March 17th. One investment analyst has rated the stock with a sell rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $28.00.

Groupon Stock Up 1.9%

GRPN traded up $0.67 during trading on Friday, reaching $35.73. 505,949 shares of the stock traded hands, compared to its average volume of 1,465,037. The stock has a market cap of $1.42 billion, a price-to-earnings ratio of -37.60 and a beta of 1.08. Groupon, Inc. has a fifty-two week low of $7.75 and a fifty-two week high of $41.26. The company has a debt-to-equity ratio of 4.23, a current ratio of 0.89 and a quick ratio of 0.89. The stock's 50-day simple moving average is $29.08 and its two-hundred day simple moving average is $19.05.

Groupon (NASDAQ:GRPN - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The coupon company reported $0.18 earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.38. Groupon had a negative return on equity of 83.07% and a negative net margin of 8.13%. The business had revenue of $117.19 million during the quarter, compared to analysts' expectations of $115.51 million. As a group, equities research analysts expect that Groupon, Inc. will post -0.31 EPS for the current year.

Groupon Company Profile

Groupon, Inc, together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants. It serves customers through its mobile applications and websites.