Groupon, Inc. $GRPN Shares Sold by Deutsche Bank AG

Deutsche Bank AG reduced its stake in Groupon, Inc. (NASDAQ:GRPN) by 99.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,751 shares of the coupon company’s stock after selling 1,995,866 shares during the quarter. Deutsche Bank AG’s holdings in Groupon were worth $333,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GRPN. JPMorgan Chase & Co. raised 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. Wells Fargo & Company MN grew its holdings in shares of Groupon by 36.4% during the fourth quarter. Wells Fargo & Company MN now owns 12,519 shares of the coupon company’s stock worth $152,000 after buying an additional 3,342 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Groupon by 11.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,652 shares of the coupon company’s stock worth $179,000 after buying an additional 1,552 shares in the last quarter. Trust Investment Advisors acquired a new position in shares of Groupon in the first quarter valued at approximately $218,000. Finally, California State Teachers Retirement System lifted its stake in shares of Groupon by 6.8% during the fourth quarter. California State Teachers Retirement System now owns 23,897 shares of the coupon company’s stock valued at $290,000 after buying an additional 1,526 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Groupon Trading Up 0.5%

Shares of GRPN opened at $26.39 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 4.16. The firm has a market capitalization of $1.07 billion, a P/E ratio of -109.95 and a beta of 1.15. The stock’s fifty day simple moving average is $32.27 and its 200 day simple moving average is $24.45. Groupon, Inc. has a twelve month low of $7.75 and a twelve month high of $43.08.

Groupon (NASDAQ:GRPN) last posted its quarterly earnings results on Wednesday, August 6th. The coupon company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.48. The firm had revenue of $125.70 million during the quarter, compared to the consensus estimate of $122.46 million. Groupon had a negative return on equity of 19.61% and a negative net margin of 1.89%. On average, equities research analysts forecast that Groupon, Inc. will post -0.31 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have commented on GRPN. Northland Securities lifted their target price on shares of Groupon from $39.00 to $44.00 and gave the stock an “outperform” rating in a research note on Monday, August 11th. Roth Capital raised their price objective on Groupon from $33.00 to $47.00 and gave the stock a “buy” rating in a report on Friday, June 20th. The Goldman Sachs Group lifted their price objective on Groupon from $9.00 to $15.00 and gave the company a “sell” rating in a research report on Monday, May 12th. Wall Street Zen upgraded Groupon from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 9th. Finally, UBS Group began coverage on Groupon in a research note on Thursday, August 7th. They issued a “mixed” rating on the stock. Four analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Groupon has a consensus rating of “Moderate Buy” and a consensus price target of $29.80.

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.