BNP Paribas Financial Markets Takes Position in Groupon, Inc. (NASDAQ:GRPN)

BNP Paribas Financial Markets purchased a new stake in shares of Groupon, Inc. (NASDAQ:GRPN) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 34,696 shares of the coupon company’s stock, valued at approximately $422,000. BNP Paribas Financial Markets owned approximately 0.09% of Groupon at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. New York State Teachers Retirement System acquired a new stake in Groupon during the 4th quarter worth $26,000. Picton Mahoney Asset Management boosted its stake in shares of Groupon by 68.2% during the 4th quarter. Picton Mahoney Asset Management now owns 2,446 shares of the coupon company’s stock worth $30,000 after buying an additional 992 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in Groupon in the fourth quarter valued at approximately $41,000. Amundi increased its holdings in Groupon by 35.5% during the fourth quarter. Amundi now owns 3,838 shares of the coupon company’s stock worth $47,000 after buying an additional 1,006 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Groupon by 115.6% in the 4th quarter. JPMorgan Chase & Co. now owns 10,559 shares of the coupon company’s stock valued at $128,000 after purchasing an additional 78,423 shares during the last quarter. 90.05% of the stock is owned by institutional investors.

Groupon Price Performance

Groupon stock opened at $26.75 on Monday. 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, Inc. has a one year low of $7.75 and a one year high of $27.87. The stock’s 50 day moving average is $19.99 and its 200 day moving average is $14.33. The firm has a market cap of $1.07 billion, a P/E ratio of 52.45 and a beta of 0.83.

Groupon (NASDAQ:GRPN) last announced its earnings results on Wednesday, May 7th. The coupon company reported $0.18 EPS for the quarter, beating the consensus estimate of ($0.20) by $0.38. The company had revenue of $117.19 million for 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, research analysts expect that Groupon, Inc. will post -0.31 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have commented on GRPN shares. The Goldman Sachs Group upped their price objective on shares of Groupon from $9.00 to $15.00 and gave the company a “sell” rating in a report on Monday, May 12th. Wall Street Zen downgraded shares of Groupon from a “strong-buy” rating to a “buy” rating in a report on Thursday. Ascendiant Capital Markets raised their price objective on Groupon from $14.00 to $19.00 and gave the company a “buy” rating in a research note on Monday, March 17th. Finally, Roth Mkm upped their price target on shares of Groupon from $21.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, four have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently 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.