California State Teachers Retirement System lessened its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 8.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,860 shares of the business services provider’s stock after selling 3,678 shares during the quarter. California State Teachers Retirement System owned 0.18% of Huron Consulting Group worth $1,679,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Pacad Investment Ltd. increased its stake in Huron Consulting Group by 80.0% during the 2nd quarter. Pacad Investment Ltd. now owns 2,700 shares of the business services provider’s stock valued at $117,000 after purchasing an additional 1,200 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in Huron Consulting Group by 17.7% during the 2nd quarter. Victory Capital Management Inc. now owns 3,485 shares of the business services provider’s stock worth $151,000 after acquiring an additional 524 shares during the last quarter. Bank of Montreal Can purchased a new position in Huron Consulting Group during the 2nd quarter worth $177,000. BNP Paribas Arbitrage SA boosted its holdings in Huron Consulting Group by 194.0% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,151 shares of the business services provider’s stock worth $179,000 after acquiring an additional 2,739 shares during the last quarter. Finally, LaSalle Street Capital Management LLC purchased a new position in Huron Consulting Group during the 2nd quarter worth $238,000. Institutional investors and hedge funds own 87.95% of the company’s stock.
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A number of equities analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Huron Consulting Group from a “hold” rating to a “strong sell” rating in a report on Monday, July 31st. William Blair raised shares of Huron Consulting Group from a “market perform” rating to an “outperform” rating in a report on Friday, September 8th. TheStreet downgraded shares of Huron Consulting Group from a “c” rating to a “d+” rating in a report on Monday, July 31st. Finally, SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $48.00 price objective on shares of Huron Consulting Group in a report on Friday, October 20th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Huron Consulting Group currently has an average rating of “Hold” and a consensus price target of $48.00.
Huron Consulting Group Inc. (NASDAQ HURN) opened at $39.05 on Friday. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.71. The firm has a market cap of $864.15, a PE ratio of 19.05, a P/E/G ratio of 1.17 and a beta of 0.06. Huron Consulting Group Inc. has a fifty-two week low of $29.52 and a fifty-two week high of $55.55.
Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Wednesday, November 1st. The business services provider reported $0.43 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.12). The company had revenue of $176.40 million during the quarter, compared to analysts’ expectations of $181.27 million. Huron Consulting Group had a positive return on equity of 7.50% and a negative net margin of 17.09%. Huron Consulting Group’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period last year, the firm posted $0.92 earnings per share. analysts predict that Huron Consulting Group Inc. will post 2.22 earnings per share for the current fiscal year.
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.
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