Koch Industries Inc. Takes Position in Groupon (NASDAQ:GRPN)

Koch Industries Inc. acquired a new position in shares of Groupon (NASDAQ:GRPN) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 49,192 shares of the coupon company’s stock, valued at approximately $251,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Parametrica Management Ltd grew its stake in Groupon by 26.4% during the fourth quarter. Parametrica Management Ltd now owns 73,789 shares of the coupon company’s stock valued at $376,000 after acquiring an additional 15,390 shares in the last quarter. American International Group Inc. lifted its position in Groupon by 8.1% during the third quarter. American International Group Inc. now owns 227,807 shares of the coupon company’s stock valued at $1,185,000 after purchasing an additional 17,033 shares during the last quarter. New York State Common Retirement Fund lifted its position in Groupon by 5.3% during the third quarter. New York State Common Retirement Fund now owns 351,800 shares of the coupon company’s stock valued at $1,829,000 after purchasing an additional 17,800 shares during the last quarter. UBS Asset Management Americas Inc. lifted its position in Groupon by 6.9% during the fourth quarter. UBS Asset Management Americas Inc. now owns 285,237 shares of the coupon company’s stock valued at $1,455,000 after purchasing an additional 18,426 shares during the last quarter. Finally, SG Americas Securities LLC lifted its position in Groupon by 61.4% during the fourth quarter. SG Americas Securities LLC now owns 52,136 shares of the coupon company’s stock valued at $266,000 after purchasing an additional 19,838 shares during the last quarter. Institutional investors and hedge funds own 63.58% of the company’s stock.

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Shares of GRPN traded down $0.04 during mid-day trading on Friday, reaching $4.37. The company’s stock had a trading volume of 2,855,357 shares, compared to its average volume of 7,181,099. The firm has a market cap of $2,476.36, a price-to-earnings ratio of -145.67, a PEG ratio of 19.79 and a beta of 1.40. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.95 and a current ratio of 0.95. Groupon has a 52 week low of $2.90 and a 52 week high of $5.99.

Groupon (NASDAQ:GRPN) last issued its earnings results on Wednesday, February 14th. The coupon company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.02). Groupon had a return on equity of 0.22% and a net margin of 0.49%. The firm had revenue of $873.17 million during the quarter, compared to analysts’ expectations of $853.13 million. During the same period in the previous year, the firm earned $0.07 earnings per share. The firm’s quarterly revenue was down 3.5% compared to the same quarter last year. equities research analysts predict that Groupon will post 0.03 earnings per share for the current year.

In related news, CAO Brian Stevens sold 15,000 shares of Groupon stock in a transaction on Thursday, March 8th. The shares were sold at an average price of $4.61, for a total value of $69,150.00. Following the transaction, the chief accounting officer now directly owns 232,751 shares of the company’s stock, valued at $1,072,982.11. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Eric P. Lefkofsky sold 1,500,000 shares of Groupon stock in a transaction on Thursday, March 8th. The stock was sold at an average price of $4.60, for a total transaction of $6,900,000.00. The disclosure for this sale can be found here. 23.40% of the stock is owned by insiders.

Several equities research analysts have issued reports on GRPN shares. Vetr lowered shares of Groupon from a “buy” rating to a “hold” rating and set a $6.09 target price for the company. in a research report on Monday, December 11th. Piper Jaffray reiterated an “overweight” rating and set a $6.25 price target on shares of Groupon in a research report on Tuesday, December 12th. BidaskClub lowered shares of Groupon from a “buy” rating to a “hold” rating in a research report on Friday, December 15th. Zacks Investment Research lowered shares of Groupon from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. Finally, Goldman Sachs upgraded shares of Groupon from a “sell” rating to a “neutral” rating and set a $5.40 target price for the company in a research report on Wednesday, January 17th. Four analysts have rated the stock with a sell rating, eleven have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. Groupon presently has a consensus rating of “Hold” and a consensus target price of $5.06.

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Groupon Profile

Groupon, Inc operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America and internationally. The company provides deals in various categories, including events and activities, beauty and spa, health and fitness, food and drink, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelries, toys, household items, and apparel, as well as provides discounted and market rates for hotel, airfare, and package deals.

Institutional Ownership by Quarter for Groupon (NASDAQ:GRPN)

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