Generali Investments CEE investicni spolecnost a.s. Buys Shares of 179,290 Groupon, Inc. (NASDAQ:GRPN)

Generali Investments CEE investicni spolecnost a.s. purchased a new position in Groupon, Inc. (NASDAQ:GRPN) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 179,290 shares of the coupon company’s stock, valued at approximately $2,178,000. Generali Investments CEE investicni spolecnost a.s. owned approximately 0.45% of Groupon at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. State Street Corp increased its stake in Groupon by 19.2% in the third quarter. State Street Corp now owns 710,942 shares of the coupon company’s stock valued at $6,953,000 after acquiring an additional 114,400 shares during the last quarter. Quantbot Technologies LP purchased a new position in shares of Groupon in the 3rd quarter worth about $814,000. Hennessy Advisors Inc. increased its position in shares of Groupon by 6.8% during the 4th quarter. Hennessy Advisors Inc. now owns 855,900 shares of the coupon company’s stock valued at $10,399,000 after purchasing an additional 54,600 shares during the last quarter. Centiva Capital LP purchased a new position in shares of Groupon during the 3rd quarter valued at about $442,000. Finally, GSA Capital Partners LLP lifted its position in Groupon by 84.8% in the 3rd quarter. GSA Capital Partners LLP now owns 75,110 shares of the coupon company’s stock worth $735,000 after buying an additional 34,456 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on GRPN shares. The Goldman Sachs Group reduced their price target on shares of Groupon from $11.00 to $8.00 and set a “sell” rating on the stock in a research report on Thursday, November 14th. Northland Securities decreased their target price on shares of Groupon from $20.00 to $17.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Groupon currently has a consensus rating of “Moderate Buy” and a consensus target price of $17.00.

Groupon Price Performance

Shares of Groupon stock opened at $10.54 on Friday. The stock has a market capitalization of $419.15 million, a P/E ratio of 20.67 and a beta of 1.41. Groupon, Inc. has a one year low of $7.75 and a one year high of $19.56. The company has a debt-to-equity ratio of 5.66, a current ratio of 0.93 and a quick ratio of 0.93. The business’s 50 day simple moving average is $11.53 and its two-hundred day simple moving average is $11.16.

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.