Quantbot Technologies LP Invests $814,000 in Groupon, Inc. (NASDAQ:GRPN)

Quantbot Technologies LP acquired a new stake in Groupon, Inc. (NASDAQ:GRPN - Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 83,261 shares of the coupon company's stock, valued at approximately $814,000. Quantbot Technologies LP owned approximately 0.21% of Groupon at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Entropy Technologies LP purchased a new stake in shares of Groupon in the third quarter valued at $145,000. Marathon Trading Investment Management LLC bought a new position in shares of Groupon in the 3rd quarter valued at approximately $195,000. Virtu Financial LLC bought a new stake in shares of Groupon during the 1st quarter worth $309,000. Headlands Technologies LLC grew its stake in shares of Groupon by 1,848.8% in the second quarter. Headlands Technologies LLC now owns 22,879 shares of the coupon company's stock worth $350,000 after acquiring an additional 21,705 shares during the last quarter. Finally, Inspire Investing LLC acquired a new position in Groupon in the 3rd quarter valued at approximately $411,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently commented on GRPN. The Goldman Sachs Group decreased their price target on Groupon from $11.00 to $8.00 and set a "sell" rating on the stock in a research note on Thursday, November 14th. Roth Mkm reiterated a "buy" rating and issued a $26.00 price objective on shares of Groupon in a research report on Wednesday, October 16th. Finally, Northland Securities dropped their target price on shares of Groupon from $20.00 to $17.00 and set an "outperform" rating for the company in a research report on Wednesday, November 13th. One equities 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 issued a strong buy rating to the company. Based on data from MarketBeat.com, Groupon presently has an average rating of "Moderate Buy" and a consensus price target of $17.00.

Groupon Stock Performance

GRPN stock traded up $0.06 during trading hours on Monday, reaching $9.44. The stock had a trading volume of 452,213 shares, compared to its average volume of 1,285,996. 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 stock has a 50-day simple moving average of $10.01 and a 200 day simple moving average of $12.82. The stock has a market capitalization of $375.43 million, a PE ratio of 18.39 and a beta of 1.77. Groupon, Inc. has a fifty-two week low of $7.75 and a fifty-two week high of $19.56.

Groupon (NASDAQ:GRPN - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The coupon company reported $0.33 EPS for the quarter, beating the consensus estimate of ($0.25) by $0.58. Groupon had a net margin of 3.87% and a return on equity of 91.94%. The firm had revenue of $114.48 million for the quarter, compared to the consensus estimate of $119.02 million. During the same period in the previous year, the company earned ($0.22) earnings per share. Analysts predict that Groupon, Inc. will post -0.29 EPS for the current fiscal year.

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.