Two Sigma Investments LP Reduces Stock Holdings in Groupon, Inc. (NASDAQ:GRPN)

Two Sigma Investments LP cut its stake in shares of Groupon, Inc. (NASDAQ:GRPN - Free Report) by 24.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 338,364 shares of the coupon company's stock after selling 109,963 shares during the quarter. Two Sigma Investments LP owned 0.85% of Groupon worth $4,111,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Tyro Capital Management LLC acquired a new stake in shares of Groupon during the fourth quarter worth $20,964,000. Prentice Capital Management LP lifted its holdings in shares of Groupon by 291.3% during the fourth quarter. Prentice Capital Management LP now owns 781,694 shares of the coupon company's stock worth $9,498,000 after purchasing an additional 581,943 shares during the period. Prospect Capital Advisors LLC acquired a new stake in shares of Groupon during the fourth quarter worth $2,935,000. Northern Trust Corp lifted its holdings in shares of Groupon by 3.3% during the fourth quarter. Northern Trust Corp now owns 232,550 shares of the coupon company's stock worth $2,825,000 after purchasing an additional 7,341 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in Groupon by 0.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 200,436 shares of the coupon company's stock worth $2,435,000 after acquiring an additional 1,449 shares in the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. The Goldman Sachs Group increased their price objective on Groupon from $9.00 to $15.00 and gave the stock a "sell" rating in a research report on Monday, May 12th. Ascendiant Capital Markets increased their price objective on Groupon from $14.00 to $19.00 and gave the stock a "buy" rating in a research report on Monday, March 17th. Roth Mkm increased their price objective on Groupon from $21.00 to $24.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Finally, Wall Street Zen cut Groupon from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. One research analyst has rated the stock with a sell rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Groupon presently has a consensus rating of "Moderate Buy" and an average price target of $18.75.

Groupon Price Performance

NASDAQ:GRPN traded up $3.25 during trading hours on Monday, hitting $32.38. The company's stock had a trading volume of 2,682,273 shares, compared to its average volume of 1,405,879. Groupon, Inc. has a 52-week low of $7.75 and a 52-week high of $32.40. The company has a market capitalization of $1.29 billion, a PE ratio of 63.49 and a beta of 0.83. The business's 50-day moving average is $21.39 and its two-hundred day moving average is $15.14. The company has a debt-to-equity ratio of 5.66, a quick ratio of 0.93 and a current ratio of 0.93.

Groupon (NASDAQ:GRPN - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The coupon company reported $0.18 earnings per share for the quarter, beating analysts' consensus estimates of ($0.20) by $0.38. Groupon had a return on equity of 91.94% and a net margin of 3.87%. The business had revenue of $117.19 million during the quarter, compared to analysts' expectations of $115.51 million. As a group, research analysts anticipate that Groupon, Inc. will post -0.31 EPS for the current fiscal year.

Groupon 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.