First Mercantile Trust Co. trimmed its stake in Huron Consulting Group (NASDAQ:HURN) by 26.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,104 shares of the business services provider’s stock after selling 2,180 shares during the period. First Mercantile Trust Co.’s holdings in Huron Consulting Group were worth $247,000 as of its most recent SEC filing.
A number of other large investors also recently made changes to their positions in HURN. Wells Fargo & Company MN grew its position in Huron Consulting Group by 11.0% in the second quarter. Wells Fargo & Company MN now owns 55,797 shares of the business services provider’s stock valued at $2,410,000 after acquiring an additional 5,542 shares during the period. Teachers Advisors LLC grew its position in Huron Consulting Group by 7.1% in the second quarter. Teachers Advisors LLC now owns 39,064 shares of the business services provider’s stock valued at $1,688,000 after acquiring an additional 2,588 shares during the period. Nationwide Fund Advisors grew its position in Huron Consulting Group by 24.8% in the second quarter. Nationwide Fund Advisors now owns 31,738 shares of the business services provider’s stock valued at $1,371,000 after acquiring an additional 6,312 shares during the period. GSA Capital Partners LLP bought a new stake in Huron Consulting Group in the second quarter valued at $319,000. Finally, Northern Trust Corp grew its position in Huron Consulting Group by 1.1% in the second quarter. Northern Trust Corp now owns 438,972 shares of the business services provider’s stock valued at $18,963,000 after acquiring an additional 4,818 shares during the period. Hedge funds and other institutional investors own 91.95% of the company’s stock.
Huron Consulting Group (NASDAQ:HURN) opened at $40.05 on Wednesday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.45 and a quick ratio of 1.45. The company has a market capitalization of $891.81, a price-to-earnings ratio of 19.66, a price-to-earnings-growth ratio of 1.11 and a beta of 0.10. Huron Consulting Group has a one year low of $29.52 and a one year high of $47.45.
A number of brokerages have weighed in on HURN. BidaskClub upgraded Huron Consulting Group from a “sell” rating to a “hold” rating in a research report on Monday, February 5th. Zacks Investment Research cut Huron Consulting Group from a “hold” rating to a “sell” rating in a research report on Saturday, February 3rd. Finally, SunTrust Banks reiterated a “buy” rating and issued a $48.00 price target on shares of Huron Consulting Group in a research report on Friday, October 20th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $48.00.
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About Huron Consulting Group
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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