BNP Paribas Arbitrage SA grew its holdings in Huron Consulting Group Inc. (NASDAQ:HURN) by 194.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,151 shares of the business services provider’s stock after buying an additional 2,739 shares during the period. BNP Paribas Arbitrage SA’s holdings in Huron Consulting Group were worth $179,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of HURN. Victory Capital Management Inc. raised its position in shares of Huron Consulting Group by 81.2% in the first quarter. Victory Capital Management Inc. now owns 2,961 shares of the business services provider’s stock valued at $125,000 after buying an additional 1,327 shares during the last quarter. Quantbot Technologies LP raised its position in shares of Huron Consulting Group by 18.1% in the first quarter. Quantbot Technologies LP now owns 3,823 shares of the business services provider’s stock valued at $160,000 after buying an additional 585 shares during the last quarter. SG Americas Securities LLC raised its position in shares of Huron Consulting Group by 72.0% in the first quarter. SG Americas Securities LLC now owns 4,006 shares of the business services provider’s stock valued at $169,000 after buying an additional 1,677 shares during the last quarter. Bank of Montreal Can acquired a new stake in shares of Huron Consulting Group in the second quarter valued at about $177,000. Finally, MARSHALL WACE ASIA Ltd acquired a new stake in shares of Huron Consulting Group in the first quarter valued at about $238,000. Institutional investors and hedge funds own 88.49% of the company’s stock.

Shares of Huron Consulting Group Inc. (NASDAQ:HURN) opened at 34.00 on Tuesday. The firm’s market capitalization is $730.73 million. Huron Consulting Group Inc. has a 12 month low of $29.53 and a 12 month high of $62.28. The stock has a 50 day moving average of $32.12 and a 200-day moving average of $39.76.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.49 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.18). Huron Consulting Group had a positive return on equity of 8.83% and a negative net margin of 15.94%. The business had revenue of $181.40 million during the quarter, compared to analysts’ expectations of $191.83 million. During the same quarter in the prior year, the firm earned $1.09 earnings per share. Huron Consulting Group’s quarterly revenue was down 1.6% on a year-over-year basis. On average, equities research analysts anticipate that Huron Consulting Group Inc. will post $2.22 EPS for the current fiscal year.

HURN has been the subject of a number of recent research reports. ValuEngine cut shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Zacks Investment Research cut shares of Huron Consulting Group from a “hold” rating to a “strong sell” rating in a research report on Monday, July 31st. TheStreet cut shares of Huron Consulting Group from a “c” rating to a “d+” rating in a research report on Monday, July 31st. Finally, William Blair upgraded shares of Huron Consulting Group from a “market perform” rating to an “outperform” rating in a research report on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. Huron Consulting Group currently has a consensus rating of “Hold” and an average target price of $51.00.

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In related news, Director James D. Edwards sold 602 shares of the business’s stock in a transaction dated Monday, July 3rd. The shares were sold at an average price of $43.32, for a total value of $26,078.64. Following the sale, the director now directly owns 22,730 shares in the company, valued at approximately $984,663.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 2.70% of the stock is owned by insiders.

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

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