Semanteon Capital Management LP Invests $1.17 Million in Huron Consulting Group Inc. (NASDAQ:HURN)

Semanteon Capital Management LP acquired a new position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 11,342 shares of the business services provider’s stock, valued at approximately $1,166,000. Semanteon Capital Management LP owned 0.06% of Huron Consulting Group as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jump Financial LLC bought a new position in shares of Huron Consulting Group during the 3rd quarter worth about $583,000. Acadian Asset Management LLC bought a new stake in Huron Consulting Group in the third quarter valued at about $872,000. American Century Companies Inc. increased its stake in Huron Consulting Group by 36.0% in the third quarter. American Century Companies Inc. now owns 233,224 shares of the business services provider’s stock valued at $24,293,000 after acquiring an additional 61,777 shares during the period. Vanguard Group Inc. increased its stake in Huron Consulting Group by 6.7% in the third quarter. Vanguard Group Inc. now owns 2,053,491 shares of the business services provider’s stock valued at $213,892,000 after acquiring an additional 128,274 shares during the period. Finally, Deutsche Bank AG increased its stake in Huron Consulting Group by 11.1% in the third quarter. Deutsche Bank AG now owns 10,856 shares of the business services provider’s stock valued at $1,131,000 after acquiring an additional 1,083 shares during the period. Institutional investors own 93.90% of the company’s stock.

Insider Buying and Selling at Huron Consulting Group

In other news, Director John Mccartney sold 300 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $96.38, for a total transaction of $28,914.00. Following the transaction, the director now directly owns 56,619 shares in the company, valued at $5,456,939.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director John Mccartney sold 300 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $96.38, for a total transaction of $28,914.00. Following the transaction, the director now directly owns 56,619 shares in the company, valued at $5,456,939.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO C. Mark Hussey sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $104.48, for a total transaction of $417,920.00. Following the transaction, the chief executive officer now owns 98,286 shares in the company, valued at $10,268,921.28. The disclosure for this sale can be found here. Insiders have sold a total of 42,080 shares of company stock worth $4,146,076 over the last ninety days. Corporate insiders own 2.02% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on HURN shares. Barrington Research upped their target price on shares of Huron Consulting Group from $128.00 to $133.00 and gave the company an “outperform” rating in a research note on Wednesday, March 6th. StockNews.com cut shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 28th.

Huron Consulting Group Price Performance

NASDAQ:HURN traded up $0.37 on Thursday, reaching $93.81. The stock had a trading volume of 183,465 shares, compared to its average volume of 117,323. The company has a market capitalization of $1.73 billion, a P/E ratio of 29.10 and a beta of 0.58. Huron Consulting Group Inc. has a 1-year low of $70.66 and a 1-year high of $113.31. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.61. The stock has a fifty day moving average price of $97.17 and a 200-day moving average price of $100.92.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings results on Tuesday, February 27th. The business services provider reported $1.29 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.17. The firm had revenue of $339.23 million for the quarter, compared to analyst estimates of $341.71 million. Huron Consulting Group had a net margin of 4.47% and a return on equity of 17.77%. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.12 earnings per share. Research analysts forecast that Huron Consulting Group Inc. will post 5.64 EPS for the current year.

Huron Consulting Group Company Profile

Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Education, and Commercial. The Healthcare segment provides financial and operational performance improvement consulting services; digital offerings, spanning technology and analytic-related services; software products; organizational transformation services; revenue cycle managed and outsourcing services; financial and capital advisory consulting services; and strategy and innovation consulting services to national and regional health systems, academic and community health systems, federal health system, public, children's and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.