UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 21,918 Shares of Groupon, Inc. (NASDAQ:GRPN)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Groupon, Inc. (NASDAQ:GRPN - Free Report) by 32.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 88,463 shares of the coupon company's stock after acquiring an additional 21,918 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.22% of Groupon worth $1,075,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. New York State Teachers Retirement System acquired a new position in shares of Groupon during the fourth quarter worth approximately $26,000. Rhumbline Advisers increased its position in Groupon by 3.2% during the fourth quarter. Rhumbline Advisers now owns 33,716 shares of the coupon company's stock worth $410,000 after acquiring an additional 1,030 shares during the period. Bank of New York Mellon Corp raised its stake in Groupon by 42.7% during the 4th quarter. Bank of New York Mellon Corp now owns 73,088 shares of the coupon company's stock valued at $888,000 after purchasing an additional 21,859 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Groupon by 0.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 200,436 shares of the coupon company's stock valued at $2,435,000 after purchasing an additional 1,449 shares during the period. Finally, Generali Investments CEE investicni spolecnost a.s. acquired a new stake in Groupon in the 4th quarter worth $2,178,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Groupon Stock Up 0.2%

Shares of NASDAQ GRPN traded up $0.05 during midday trading on Wednesday, reaching $32.66. The company's stock had a trading volume of 1,193,274 shares, compared to its average volume of 1,425,571. Groupon, Inc. has a fifty-two week low of $7.75 and a fifty-two week high of $33.52. The stock has a 50 day simple moving average of $23.03 and a 200-day simple moving average of $16.07. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 64.04 and a beta of 1.04. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 5.66.

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Ascendiant Capital Markets upped their price objective on shares of Groupon from $14.00 to $19.00 and gave the company a "buy" rating in a research report on Monday, March 17th. Roth Capital reaffirmed a "buy" rating on shares of Groupon in a report on Monday, June 2nd. The Goldman Sachs Group lifted their price objective on Groupon from $9.00 to $15.00 and gave the stock a "sell" rating in a report on Monday, May 12th. Roth Mkm upped their target price on shares of Groupon from $21.00 to $24.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. Finally, Wall Street Zen cut shares of Groupon from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Groupon currently has an average rating of "Moderate Buy" and an average target price of $23.25.

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.