First Mercantile Trust Co. lowered its position in shares of Huron Consulting Group (NASDAQ:HURN) by 26.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,104 shares of the business services provider’s stock after selling 2,180 shares during the quarter. First Mercantile Trust Co.’s holdings in Huron Consulting Group were worth $247,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its holdings 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 purchasing an additional 5,542 shares during the last quarter. Teachers Advisors LLC increased its holdings 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 purchasing an additional 2,588 shares during the last quarter. Nationwide Fund Advisors increased its holdings 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 purchasing an additional 6,312 shares during the last quarter. GSA Capital Partners LLP bought a new stake in Huron Consulting Group in the second quarter valued at about $319,000. Finally, Northern Trust Corp increased its holdings 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 purchasing an additional 4,818 shares during the last quarter. Institutional investors own 91.45% of the company’s stock.
Shares of Huron Consulting Group (NASDAQ HURN) traded down $0.95 during trading on Wednesday, hitting $40.95. The company’s stock had a trading volume of 68,400 shares, compared to its average volume of 78,487. Huron Consulting Group has a 12 month low of $29.52 and a 12 month high of $46.85. The company has a market capitalization of $927.22, a P/E ratio of 20.44, a P/E/G ratio of 1.15 and a beta of 0.10. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.71.
A number of equities research analysts recently commented on the company. Zacks Investment Research upgraded Huron Consulting Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 24th. BidaskClub downgraded Huron Consulting Group from a “hold” rating to a “sell” rating in a report on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given 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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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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