American Century Companies Inc. boosted its position in Huron Consulting Group (NASDAQ:HURN) by 1.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 421,821 shares of the business services provider’s stock after purchasing an additional 6,645 shares during the quarter. American Century Companies Inc. owned approximately 1.88% of Huron Consulting Group worth $16,071,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in HURN. SG Americas Securities LLC purchased a new stake in shares of Huron Consulting Group during the first quarter worth about $133,000. Stone Ridge Asset Management LLC purchased a new stake in shares of Huron Consulting Group during the fourth quarter worth about $210,000. Nisa Investment Advisors LLC grew its stake in shares of Huron Consulting Group by 100.0% during the fourth quarter. Nisa Investment Advisors LLC now owns 6,000 shares of the business services provider’s stock worth $243,000 after acquiring an additional 3,000 shares during the last quarter. Unison Advisors LLC purchased a new stake in shares of Huron Consulting Group during the fourth quarter worth about $244,000. Finally, FDx Advisors Inc. purchased a new stake in shares of Huron Consulting Group during the fourth quarter worth about $282,000. Institutional investors and hedge funds own 95.27% of the company’s stock.
A number of equities research analysts have recently weighed in on the company. BidaskClub upgraded Huron Consulting Group from a “sell” rating to a “hold” rating in a research note on Monday, May 14th. ValuEngine lowered Huron Consulting Group from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd. Zacks Investment Research lowered Huron Consulting Group from a “hold” rating to a “sell” rating in a research note on Saturday, February 3rd. Finally, Barrington Research restated a “market perform” rating on shares of Huron Consulting Group in a research note on Wednesday, March 7th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $48.00.
In related news, CEO James H. Roth sold 17,500 shares of the company’s stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $34.94, for a total value of $611,450.00. Following the sale, the chief executive officer now owns 233,190 shares in the company, valued at $8,147,658.60. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.70% of the stock is owned by corporate insiders.
Shares of HURN stock opened at $37.55 on Friday. Huron Consulting Group has a fifty-two week low of $29.52 and a fifty-two week high of $44.85. The stock has a market cap of $836.04 million, a PE ratio of 17.47, a price-to-earnings-growth ratio of 1.25 and a beta of 0.14. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.83 and a current ratio of 1.83.
Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, May 1st. The business services provider reported $0.19 EPS for the quarter, missing the Zacks’ consensus estimate of $0.48 by ($0.29). The firm had revenue of $193.70 million during the quarter, compared to analysts’ expectations of $181.54 million. Huron Consulting Group had a negative net margin of 21.97% and a positive return on equity of 7.60%. Huron Consulting Group’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.55 EPS. sell-side analysts predict that Huron Consulting Group will post 2.21 EPS for the current year.
Huron Consulting Group Company Profile
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 performance, technology and analytics, and leadership development to national and regional hospitals, integrated health systems, academic medical centers, community hospitals, and medical groups.
Want to see what other hedge funds are holding HURN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Huron Consulting Group (NASDAQ:HURN).
Receive News & Ratings for Huron Consulting Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huron Consulting Group and related companies with MarketBeat.com's FREE daily email newsletter.