Deutsche Bank AG Has $333,000 Stake in Groupon, Inc. $GRPN

Key Points

• Deutsche Bank AG significantly reduced its stake in Groupon, Inc. by 99.1%, selling nearly 2 million shares and leaving it with just 17,751 shares valued at approximately $333,000.
• Hedge funds and institutional investors control 90.05% of Groupon's stock, with notable increases in stakes from firms like JPMorgan Chase & Co. and Wells Fargo & Company during the fourth quarter.
• Groupon reported earnings of $0.46 per share for the previous quarter, exceeding estimates and showing revenue of $125.70 million, but analysts forecast a negative EPS for the current year.

Deutsche Bank AG trimmed its stake in Groupon, Inc. (NASDAQ:GRPN - Free Report) by 99.1% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,751 shares of the coupon company's stock after selling 1,995,866 shares during the period. Deutsche Bank AG's holdings in Groupon were worth $333,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Tyro Capital Management LLC bought a new position in shares of Groupon in the 4th quarter valued at approximately $20,964,000. Prentice Capital Management LP grew its holdings in Groupon by 291.3% in the 4th quarter. Prentice Capital Management LP now owns 781,694 shares of the coupon company's stock valued at $9,498,000 after buying an additional 581,943 shares during the last quarter. Prospect Capital Advisors LLC acquired a new stake in Groupon in the 4th quarter valued at approximately $2,935,000. Northern Trust Corp grew its holdings in Groupon by 3.3% in the 4th quarter. Northern Trust Corp now owns 232,550 shares of the coupon company's stock valued at $2,825,000 after buying an additional 7,341 shares during the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. grew its holdings in Groupon by 10.5% in the 1st quarter. Generali Investments CEE investicni spolecnost a.s. now owns 198,062 shares of the coupon company's stock valued at $3,718,000 after buying an additional 18,772 shares during the last quarter. 90.05% of the stock is owned by institutional investors.

Groupon Stock Performance

Shares of NASDAQ:GRPN traded down $0.29 during trading on Monday, hitting $26.10. 1,113,892 shares of the stock were exchanged, compared to its average volume of 1,539,353. Groupon, Inc. has a 1-year low of $7.75 and a 1-year high of $43.08. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of -108.75 and a beta of 0.68. The company's fifty day simple moving average is $32.06 and its 200-day simple moving average is $24.72. The company has a debt-to-equity ratio of 4.16, a quick ratio of 0.96 and a current ratio of 0.96.

Groupon (NASDAQ:GRPN - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The coupon company reported $0.46 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.48. Groupon had a negative return on equity of 19.61% and a negative net margin of 1.89%.The company had revenue of $125.70 million for the quarter, compared to analyst estimates of $122.46 million. Sell-side analysts expect that Groupon, Inc. will post -0.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on GRPN. The Goldman Sachs Group raised their target price on Groupon from $9.00 to $15.00 and gave the company a "sell" rating in a report on Monday, May 12th. Northland Securities raised their target price on Groupon from $39.00 to $44.00 and gave the company an "outperform" rating in a report on Monday, August 11th. Wall Street Zen raised Groupon from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 9th. UBS Group began coverage on Groupon in a report on Thursday, August 7th. They issued a "mixed" rating on the stock. Finally, Roth Capital raised their target price on Groupon from $33.00 to $47.00 and gave the company a "buy" rating in a report on Friday, June 20th. Four research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Groupon currently has a consensus rating of "Moderate Buy" and an average target price of $29.80.

About Groupon

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.