California State Teachers Retirement System Has $290,000 Stock Holdings in Groupon, Inc. (NASDAQ:GRPN)

California State Teachers Retirement System grew its position in shares of Groupon, Inc. (NASDAQ:GRPN) by 6.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,897 shares of the coupon company’s stock after buying an additional 1,526 shares during the quarter. California State Teachers Retirement System’s holdings in Groupon were worth $290,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in GRPN. Tyro Capital Management LLC bought a new stake in Groupon during the fourth quarter worth about $20,964,000. Prentice Capital Management LP increased its holdings in shares of Groupon by 291.3% in the fourth quarter. Prentice Capital Management LP now owns 781,694 shares of the coupon company’s stock valued at $9,498,000 after purchasing an additional 581,943 shares in the last quarter. Prospect Capital Advisors LLC bought a new position in Groupon in the fourth quarter valued at approximately $2,935,000. Generali Investments CEE investicni spolecnost a.s. bought a new position in Groupon in the fourth quarter valued at approximately $2,178,000. Finally, Susquehanna Fundamental Investments LLC bought a new position in Groupon in the fourth quarter valued at approximately $1,192,000. 90.05% of the stock is owned by institutional investors.

Groupon Stock Down 1.0%

GRPN opened at $32.33 on Friday. 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 company’s 50-day moving average is $23.66 and its 200 day moving average is $16.35. Groupon, Inc. has a fifty-two week low of $7.75 and a fifty-two week high of $33.52. The firm has a market capitalization of $1.29 billion, a P/E ratio of 63.39 and a beta of 1.04.

Groupon (NASDAQ:GRPN) last released its earnings results on Wednesday, May 7th. The coupon company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.38. The firm had revenue of $117.19 million for the quarter, compared to analysts’ expectations of $115.51 million. Groupon had a net margin of 3.87% and a return on equity of 91.94%. Research analysts expect that Groupon, Inc. will post -0.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Ascendiant Capital Markets lifted their price target on shares of Groupon from $14.00 to $19.00 and gave the stock a “buy” rating in a research report on Monday, March 17th. The Goldman Sachs Group lifted their price target on shares of Groupon from $9.00 to $15.00 and gave the company a “sell” rating in a research note on Monday, May 12th. Wall Street Zen downgraded shares of Groupon from a “strong-buy” rating to a “buy” rating in a report on Thursday, May 22nd. Roth Mkm boosted their price objective on shares of Groupon from $21.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, April 29th. Finally, Northland Securities upped their price target on shares of Groupon from $30.00 to $35.00 and gave the stock an “outperform” rating in a report on Tuesday, June 3rd. One investment analyst has rated the stock with a sell rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $23.25.

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.