Generali Investments CEE investicni spolecnost a.s. Has $9.30 Million Stock Position in Groupon, Inc. $GRPN

Generali Investments CEE investicni spolecnost a.s. grew its holdings in Groupon, Inc. (NASDAQ:GRPN) by 147.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 528,089 shares of the coupon company’s stock after acquiring an additional 314,896 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.’s holdings in Groupon were worth $9,300,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of GRPN. AQR Capital Management LLC bought a new position in Groupon during the first quarter worth about $224,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Groupon by 31.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,606 shares of the coupon company’s stock valued at $837,000 after purchasing an additional 10,588 shares during the period. Geode Capital Management LLC boosted its holdings in Groupon by 5.6% in the 2nd quarter. Geode Capital Management LLC now owns 612,592 shares of the coupon company’s stock valued at $20,493,000 after purchasing an additional 32,377 shares during the period. Police & Firemen s Retirement System of New Jersey grew its position in shares of Groupon by 28.3% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 5,909 shares of the coupon company’s stock worth $198,000 after purchasing an additional 1,304 shares in the last quarter. Finally, Swiss National Bank acquired a new position in shares of Groupon during the 2nd quarter worth approximately $1,652,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Groupon Stock Down 6.0%

Shares of NASDAQ GRPN opened at $10.47 on Friday. The stock has a market capitalization of $426.55 million, a P/E ratio of -4.94 and a beta of -0.02. The stock’s fifty day moving average is $12.77 and its 200 day moving average is $16.95. Groupon, Inc. has a 52 week low of $9.17 and a 52 week high of $43.08. The company has a debt-to-equity ratio of 4.16, a quick ratio of 0.98 and a current ratio of 0.98.

Groupon (NASDAQ:GRPN) last posted its quarterly earnings data on Tuesday, March 10th. The coupon company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.02). The firm had revenue of $132.71 million for the quarter, compared to the consensus estimate of $137.34 million. Groupon had a negative return on equity of 717.37% and a negative net margin of 16.76%. Sell-side analysts forecast that Groupon, Inc. will post -0.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on GRPN. The Goldman Sachs Group lowered their target price on shares of Groupon from $17.00 to $10.00 and set a “sell” rating on the stock in a report on Thursday, March 12th. Weiss Ratings reissued a “sell (d)” rating on shares of Groupon in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $33.67.

Groupon Company Profile

Groupon, Inc operates an online marketplace that connects subscribers with local merchants offering discounted goods, services and experiences. Through its website and mobile applications, Groupon provides time-limited deals across categories such as restaurants, travel, beauty and wellness, home services, and consumer products. Merchants partner with Groupon to attract new customers and drive foot traffic, leveraging the platform’s targeted marketing tools and large subscriber base to promote special offers and vouchers.

Founded in Chicago in 2008 by Andrew Mason, Eric Lefkofsky and Brad Keywell, Groupon pioneered the daily-deals model, quickly growing its user community and merchant network.