Tyro Capital Management LLC Purchases New Holdings in Groupon, Inc. (NASDAQ:GRPN)

Tyro Capital Management LLC bought a new position in Groupon, Inc. (NASDAQ:GRPN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,725,395 shares of the coupon company's stock, valued at approximately $20,964,000. Groupon comprises 6.9% of Tyro Capital Management LLC's investment portfolio, making the stock its 9th largest position. Tyro Capital Management LLC owned about 4.34% of Groupon as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. 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 worth $9,498,000 after acquiring an additional 581,943 shares during the last quarter. Prospect Capital Advisors LLC purchased a new stake in shares of Groupon during the fourth quarter worth about $2,935,000. BNP Paribas Financial Markets purchased a new stake in shares of Groupon during the fourth quarter worth about $422,000. Northern Trust Corp grew its stake in shares of Groupon by 3.3% in 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 last quarter. Finally, Susquehanna Fundamental Investments LLC purchased a new position in Groupon during the 4th quarter valued at about $1,192,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Groupon Stock Up 0.3%

GRPN traded up $0.09 on Tuesday, hitting $26.57. The company had a trading volume of 697,539 shares, compared to its average volume of 1,396,226. The stock has a fifty day simple moving average of $19.33 and a 200-day simple moving average of $13.98. The company has a debt-to-equity ratio of 5.66, a current ratio of 0.93 and a quick ratio of 0.93. The firm has a market capitalization of $1.06 billion, a P/E ratio of 52.10 and a beta of 0.83. Groupon, Inc. has a 52-week low of $7.75 and a 52-week high of $26.90.

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

Analysts Set New Price Targets

Several equities research analysts have weighed in on GRPN shares. Ascendiant Capital Markets increased their price objective on Groupon from $14.00 to $19.00 and gave the stock a "buy" rating in a report on Monday, March 17th. The Goldman Sachs Group raised their price target on Groupon from $9.00 to $15.00 and gave the stock a "sell" rating in a research note on Monday, May 12th. Finally, Roth Mkm lifted their price target on shares of Groupon from $21.00 to $24.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $18.75.

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.