Hennessy Advisors Inc. Grows Stake in Groupon, Inc. (NASDAQ:GRPN)

Hennessy Advisors Inc. lifted its stake in Groupon, Inc. (NASDAQ:GRPN - Free Report) by 6.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 855,900 shares of the coupon company's stock after buying an additional 54,600 shares during the period. Hennessy Advisors Inc. owned about 2.15% of Groupon worth $10,399,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. FMR LLC increased its holdings in shares of Groupon by 112.5% during the third quarter. FMR LLC now owns 5,456 shares of the coupon company's stock worth $53,000 after buying an additional 2,888 shares in the last quarter. MetLife Investment Management LLC increased its position in shares of Groupon by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 13,340 shares of the coupon company's stock valued at $130,000 after buying an additional 7,516 shares in the last quarter. Entropy Technologies LP bought a new stake in shares of Groupon in the 3rd quarter valued at $145,000. Jacobs Levy Equity Management Inc. acquired a new position in Groupon in the 3rd quarter worth $174,000. Finally, Marathon Trading Investment Management LLC acquired a new position in Groupon in the 3rd quarter worth $195,000. Institutional investors own 90.05% of the company's stock.

Groupon Trading Down 2.7 %

GRPN traded down $0.29 during trading on Friday, hitting $10.65. 840,745 shares of the stock traded hands, compared to its average volume of 897,218. 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 12-month low of $7.75 and a 12-month high of $19.56. The firm has a market capitalization of $423.55 million, a P/E ratio of 20.88 and a beta of 1.66. The firm has a 50-day moving average of $10.91 and a 200 day moving average of $11.92.

Groupon (NASDAQ:GRPN - Get Free Report) last announced its quarterly earnings data on Tuesday, November 12th. The coupon company reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of ($0.25) by $0.58. Groupon had a net margin of 3.87% and a return on equity of 91.94%. The company had revenue of $114.48 million during the quarter, compared to analyst estimates of $119.02 million. During the same period in the previous year, the business earned ($0.22) EPS. Equities research analysts anticipate that Groupon, Inc. will post -0.31 EPS for the current year.

Analyst Upgrades and Downgrades

GRPN has been the topic of a number of research analyst reports. The Goldman Sachs Group dropped their target price on shares of Groupon from $11.00 to $8.00 and set a "sell" rating on the stock in a report on Thursday, November 14th. Roth Mkm reiterated a "buy" rating and set a $26.00 price target on shares of Groupon in a research report on Wednesday, October 16th. Finally, Northland Securities cut 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 research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Groupon has a consensus rating of "Moderate Buy" and an average target price of $17.00.

Groupon Company 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.