Rice Hall James & Associates LLC Boosts Stake in Huron Consulting Group Inc. (NASDAQ:HURN)

Rice Hall James & Associates LLC increased its stake in Huron Consulting Group Inc. (NASDAQ:HURN) by 16.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 286,309 shares of the business services provider’s stock after buying an additional 40,949 shares during the period. Rice Hall James & Associates LLC owned approximately 1.30% of Huron Consulting Group worth $12,369,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of HURN. Trexquant Investment LP increased its stake in shares of Huron Consulting Group by 14.5% in the first quarter. Trexquant Investment LP now owns 16,388 shares of the business services provider’s stock valued at $690,000 after buying an additional 2,079 shares in the last quarter. Virginia Retirement Systems ET AL increased its stake in shares of Huron Consulting Group by 16.8% in the first quarter. Virginia Retirement Systems ET AL now owns 22,900 shares of the business services provider’s stock valued at $964,000 after buying an additional 3,300 shares in the last quarter. Denver Investment Advisors LLC increased its stake in shares of Huron Consulting Group by 78.2% in the first quarter. Denver Investment Advisors LLC now owns 23,227 shares of the business services provider’s stock valued at $978,000 after buying an additional 10,194 shares in the last quarter. Swiss National Bank increased its stake in shares of Huron Consulting Group by 3.5% in the first quarter. Swiss National Bank now owns 35,800 shares of the business services provider’s stock valued at $1,507,000 after buying an additional 1,200 shares in the last quarter. Finally, Boston Partners increased its stake in shares of Huron Consulting Group by 48.3% in the first quarter. Boston Partners now owns 733,269 shares of the business services provider’s stock valued at $30,870,000 after buying an additional 238,882 shares in the last quarter. 92.87% of the stock is owned by institutional investors.

Huron Consulting Group Inc. (NASDAQ:HURN) opened at 32.85 on Friday. The company has a 50-day moving average of $39.77 and a 200-day moving average of $42.37. The company’s market cap is $706.01 million. Huron Consulting Group Inc. has a 52-week low of $32.75 and a 52-week high of $64.00.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.49 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.67 by $0.18. Huron Consulting Group had a positive return on equity of 8.83% and a negative net margin of 15.94%. The business had revenue of $181.40 million for the quarter, compared to analyst estimates of $191.83 million. During the same quarter in the previous year, the company posted $1.09 EPS. The business’s quarterly revenue was down 1.6% on a year-over-year basis. On average, equities research analysts expect that Huron Consulting Group Inc. will post $2.23 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: “Rice Hall James & Associates LLC Boosts Stake in Huron Consulting Group Inc. (NASDAQ:HURN)” was reported by Stock Observer and is the property of of Stock Observer. If you are accessing this story on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this story can be read at https://www.thestockobserver.com/2017/08/12/rice-hall-james-associates-llc-boosts-stake-in-huron-consulting-group-inc-nasdaqhurn.html.

Several equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a research report on Wednesday, May 3rd. ValuEngine downgraded shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Benchmark Co. assumed coverage on shares of Huron Consulting Group in a research report on Tuesday, May 23rd. They set a “hold” rating for the company. Finally, TheStreet downgraded shares of Huron Consulting Group from a “c” rating to a “d+” rating in a research report on Monday, July 31st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $51.00.

In other Huron Consulting Group news, Director James D. Edwards sold 602 shares of the company’s stock in a transaction on Monday, July 3rd. The shares were sold at an average price of $43.32, for a total transaction of $26,078.64. Following the transaction, the director now owns 22,730 shares in the company, valued at $984,663.60. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 2.70% of the company’s stock.

Huron Consulting Group Company Profile

Huron Consulting Group Inc is a global professional services firm. The Company offers solutions in operations, advisory services, technology and analytics for healthcare, higher education, life sciences and commercial sectors. The Company’s segments include Healthcare, Education and Life Sciences, and Business Advisory.

Want to see what other hedge funds are holding HURN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Huron Consulting Group Inc. (NASDAQ:HURN).

Institutional Ownership by Quarter for Huron Consulting Group (NASDAQ:HURN)

Receive News & Ratings for Huron Consulting Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huron Consulting Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply