Tyro Capital Management LLC Takes Position in Groupon, Inc. (NASDAQ:GRPN)

Tyro Capital Management LLC bought a new stake in shares of Groupon, Inc. (NASDAQ:GRPN - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,725,395 shares of the coupon company's stock, valued at approximately $20,964,000. Groupon makes up approximately 6.9% of Tyro Capital Management LLC's portfolio, making the stock its 9th biggest position. Tyro Capital Management LLC owned approximately 4.34% of Groupon as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Blueshift Asset Management LLC purchased a new position in Groupon during the 4th quarter valued at $732,000. Generali Investments CEE investicni spolecnost a.s. purchased a new position in shares of Groupon during the fourth quarter valued at about $2,178,000. Cruiser Capital Advisors LLC purchased a new position in shares of Groupon during the fourth quarter valued at about $304,000. Barclays PLC raised its stake in Groupon by 25.6% in the fourth quarter. Barclays PLC now owns 69,330 shares of the coupon company's stock worth $842,000 after buying an additional 14,120 shares in the last quarter. Finally, Prentice Capital Management LP lifted its holdings 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. Institutional investors own 90.05% of the company's stock.

Groupon Stock Up 0.3%

GRPN stock traded up $0.09 on Friday, reaching $26.76. 802,684 shares of the company traded hands, compared to its average volume of 1,392,027. The firm has a fifty day simple moving average of $19.77 and a 200-day simple moving average of $14.17. The company has a market cap of $1.07 billion, a P/E ratio of 52.40 and a beta of 0.83. Groupon, Inc. has a one year low of $7.75 and a one year high of $27.84. The company has a debt-to-equity ratio of 5.66, a current ratio of 0.93 and a quick ratio of 0.93.

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

Analyst Upgrades and Downgrades

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

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.