Dynamic Technology Lab Private Ltd lowered its stake in Huron Consulting Group Inc. (NASDAQ:HURN) by 64.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,810 shares of the company’s stock after selling 6,810 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Huron Consulting Group were worth $230,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. New York State Teachers Retirement System bought a new position in shares of Huron Consulting Group during the second quarter valued at approximately $109,000. Acrospire Investment Management LLC increased its position in shares of Huron Consulting Group by 100.0% in the second quarter. Acrospire Investment Management LLC now owns 1,800 shares of the company’s stock valued at $109,000 after buying an additional 900 shares during the last quarter. Mizuho Asset Management Co. Ltd. bought a new position in shares of Huron Consulting Group during the second quarter valued at approximately $182,000. Teacher Retirement System of Texas increased its position in shares of Huron Consulting Group by 13.9% in the second quarter. Teacher Retirement System of Texas now owns 3,199 shares of the company’s stock valued at $193,000 after buying an additional 391 shares during the last quarter. Finally, Advisors Asset Management Inc. bought a new position in shares of Huron Consulting Group during the second quarter valued at approximately $198,000. Institutional investors and hedge funds own 93.09% of the company’s stock.
Huron Consulting Group Inc. (NASDAQ:HURN) opened at 59.12 on Tuesday. The company has a market cap of $1.25 billion, a P/E ratio of 21.75 and a beta of 0.53. Huron Consulting Group Inc. has a 1-year low of $43.35 and a 1-year high of $65.03. The stock’s 50 day moving average is $61.54 and its 200 day moving average is $59.81.
Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings results on Tuesday, July 26th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.29. Huron Consulting Group had a net margin of 7.22% and a return on equity of 13.17%. The company had revenue of $184.26 million for the quarter, compared to analyst estimates of $186.50 million. During the same quarter in the previous year, the firm posted $1.14 earnings per share. The company’s quarterly revenue was up .1% compared to the same quarter last year. Equities analysts anticipate that Huron Consulting Group Inc. will post $3.42 earnings per share for the current fiscal year.
Several equities analysts recently commented on the stock. Zacks Investment Research downgraded shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Tuesday, July 12th. Barrington Research increased their price objective on shares of Huron Consulting Group from $67.00 to $69.00 and gave the company an “outperform” rating in a research note on Monday, August 1st. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $68.33.
In related news, CEO James H. Roth sold 7,500 shares of the business’s stock in a transaction that occurred on Monday, August 15th. The shares were sold at an average price of $60.89, for a total transaction of $456,675.00. Following the completion of the transaction, the chief executive officer now owns 173,585 shares of the company’s stock, valued at $10,569,590.65. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Diane E. Ratekin sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, August 22nd. The shares were sold at an average price of $61.59, for a total transaction of $184,770.00. Following the transaction, the executive vice president now directly owns 22,681 shares of the company’s stock, valued at approximately $1,396,922.79. The disclosure for this sale can be found here. 2.60% of the stock is currently owned by insiders.
About Huron Consulting Group
Huron Consulting Group Inc is a professional services firm focused on assisting clients with their business issues by delivering solutions to support their strategic objectives. The Company’s segments are Huron Healthcare, which provides advisory, consulting and technology solutions to national and regional hospitals and integrated health systems, academic medical centers, community hospitals and physician practices; Huron Education and Life Sciences, which provides management consulting services and software solutions to the higher education, academic medical center, pharmaceutical and medical device, and research industries; Huron Business Advisory, which provides services to the C-suite of middle market and organizations, institutions, law firms, investment banks and private equity firms, and All Other.
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 Inc. (NASDAQ:HURN).
Receive News & Ratings for Huron Consulting Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huron Consulting Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.