UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $1.08 Million Position in Groupon, Inc. (NASDAQ:GRPN)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Groupon, Inc. (NASDAQ:GRPN) by 32.9% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 88,463 shares of the coupon company’s stock after buying an additional 21,918 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.22% of Groupon worth $1,075,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in GRPN. Tyro Capital Management LLC acquired a new position in shares of Groupon during the fourth quarter valued at about $20,964,000. Prentice Capital Management LP raised its position in shares of Groupon by 291.3% during the fourth quarter. Prentice Capital Management LP now owns 781,694 shares of the coupon company’s stock valued at $9,498,000 after buying an additional 581,943 shares during the last quarter. Prospect Capital Advisors LLC acquired a new position in shares of Groupon during the fourth quarter valued at about $2,935,000. Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Groupon during the fourth quarter valued at about $2,178,000. Finally, Susquehanna Fundamental Investments LLC acquired a new position in shares of Groupon during the fourth quarter valued at about $1,192,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on GRPN. Northland Securities increased their price target on shares of Groupon from $30.00 to $35.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 3rd. The Goldman Sachs Group increased their price target on shares of Groupon from $9.00 to $15.00 and gave the stock a “sell” rating in a research report on Monday, May 12th. Ascendiant Capital Markets increased their price target on shares of Groupon from $14.00 to $19.00 and gave the stock a “buy” rating in a research report on Monday, March 17th. Roth Capital reissued a “buy” rating on shares of Groupon in a research report on Monday, June 2nd. 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 investment analyst has rated the stock with a sell rating, five have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $23.25.

Groupon Price Performance

Shares of Groupon stock opened at $31.33 on Tuesday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 5.66. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of 61.43 and a beta of 1.04. Groupon, Inc. has a 1-year low of $7.75 and a 1-year high of $33.52. The firm’s 50-day moving average price is $22.74 and its two-hundred day moving average price is $15.96.

Groupon (NASDAQ:GRPN) last released its quarterly 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. Groupon had a net margin of 3.87% and a return on equity of 91.94%. The business had revenue of $117.19 million for the quarter, compared to analysts’ expectations of $115.51 million. On average, equities analysts predict that Groupon, Inc. will post -0.31 earnings per share for the current fiscal year.

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.