Huron Consulting Group (NASDAQ:HURN) Position Lifted by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC raised its stake in shares of Huron Consulting Group (NASDAQ:HURN) by 5.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,076 shares of the business services provider’s stock after acquiring an additional 717 shares during the quarter. Rice Hall James & Associates LLC owned approximately 0.06% of Huron Consulting Group worth $709,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Investors Research Corp bought a new position in Huron Consulting Group during the 1st quarter valued at $47,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Huron Consulting Group by 55.4% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,427 shares of the business services provider’s stock worth $67,000 after buying an additional 509 shares during the last quarter. Aperio Group LLC bought a new position in shares of Huron Consulting Group in the 2nd quarter worth about $185,000. Wedge Capital Management L L P NC bought a new position in shares of Huron Consulting Group in the 2nd quarter worth about $210,000. Finally, BNP Paribas Arbitrage SA lifted its position in shares of Huron Consulting Group by 163.1% in the 1st quarter. BNP Paribas Arbitrage SA now owns 5,152 shares of the business services provider’s stock worth $243,000 after buying an additional 3,194 shares during the last quarter. Hedge funds and other institutional investors own 88.92% of the company’s stock.

HURN has been the topic of a number of recent research reports. Benchmark set a $60.00 price target on shares of Huron Consulting Group and gave the stock a “buy” rating in a research report on Wednesday, July 31st. SunTrust Banks set a $66.00 price target on shares of Huron Consulting Group and gave the stock a “buy” rating in a research report on Wednesday, July 31st. TheStreet upgraded shares of Huron Consulting Group from a “c” rating to a “b” rating in a research report on Wednesday, July 31st. ValuEngine upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Wednesday, May 1st. Finally, Zacks Investment Research upgraded shares of Huron Consulting Group from a “hold” rating to a “strong-buy” rating and set a $70.00 price target on the stock in a research report on Friday, August 2nd. Four investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. Huron Consulting Group currently has an average rating of “Buy” and an average price target of $66.00.

Shares of Huron Consulting Group stock traded up $0.68 during trading hours on Friday, reaching $60.84. The company’s stock had a trading volume of 76,900 shares, compared to its average volume of 110,572. The stock has a market cap of $1.38 billion, a P/E ratio of 29.25, a price-to-earnings-growth ratio of 1.78 and a beta of -0.07. The company’s 50 day simple moving average is $55.06 and its 200 day simple moving average is $50.72. Huron Consulting Group has a one year low of $44.78 and a one year high of $64.39. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.59 and a current ratio of 0.59.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings data on Tuesday, July 30th. The business services provider reported $0.76 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.16. The firm had revenue of $220.80 million for the quarter, compared to the consensus estimate of $205.51 million. Huron Consulting Group had a net margin of 2.76% and a return on equity of 10.01%. Huron Consulting Group’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period last year, the firm posted $0.58 EPS. On average, sell-side analysts predict that Huron Consulting Group will post 2.5 earnings per share for the current fiscal year.

In related news, CEO James H. Roth sold 17,500 shares of Huron Consulting Group stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $49.43, for a total value of $865,025.00. Following the sale, the chief executive officer now directly owns 189,212 shares in the company, valued at approximately $9,352,749.16. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director George Massaro sold 547 shares of Huron Consulting Group stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $50.02, for a total transaction of $27,360.94. Following the completion of the sale, the director now owns 21,999 shares in the company, valued at $1,100,389.98. The disclosure for this sale can be found here. Company insiders own 2.86% of the company’s stock.

About Huron Consulting Group

Huron Consulting Group Inc, a professional services firm, provides advisory, technology, and analytic solutions in the United States and internationally. Its Healthcare segment provides advisory services in the areas of strategy, care transformation, financial and operational excellence, technology and analytics, and leadership development to national and regional hospitals, integrated health systems, academic medical centers, community hospitals, and medical groups.

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

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