Huron Consulting Group (HURN) Stake Decreased by Two Sigma Investments LP
Two Sigma Investments LP decreased its position in shares of Huron Consulting Group (NASDAQ:HURN) by 84.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,331 shares of the business services provider’s stock after selling 48,819 shares during the period. Two Sigma Investments LP’s holdings in Huron Consulting Group were worth $377,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently bought and sold shares of HURN. SG Americas Securities LLC increased its holdings in shares of Huron Consulting Group by 109.3% during the third quarter. SG Americas Securities LLC now owns 7,150 shares of the business services provider’s stock worth $245,000 after buying an additional 3,734 shares in the last quarter. Schwab Charles Investment Management Inc. increased its holdings in shares of Huron Consulting Group by 10.1% during the third quarter. Schwab Charles Investment Management Inc. now owns 148,895 shares of the business services provider’s stock worth $5,108,000 after buying an additional 13,681 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of Huron Consulting Group during the third quarter worth approximately $211,000. California Public Employees Retirement System increased its holdings in shares of Huron Consulting Group by 13.0% during the third quarter. California Public Employees Retirement System now owns 59,870 shares of the business services provider’s stock worth $2,054,000 after buying an additional 6,870 shares in the last quarter. Finally, DnB Asset Management AS acquired a new stake in shares of Huron Consulting Group during the fourth quarter worth approximately $941,000. 93.05% of the stock is owned by institutional investors.
In other news, CEO James H. Roth sold 17,500 shares of the stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $34.94, for a total transaction of $611,450.00. Following the sale, the chief executive officer now directly owns 233,190 shares of the company’s stock, valued at $8,147,658.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.08% of the stock is owned by corporate insiders.
Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings results on Tuesday, February 27th. The business services provider reported $0.68 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.74 by ($0.06). Huron Consulting Group had a negative net margin of 21.06% and a positive return on equity of 8.43%. The company had revenue of $205.24 million for the quarter, compared to the consensus estimate of $189.42 million. equities analysts predict that Huron Consulting Group will post 2.23 earnings per share for the current year.
Several analysts have recently weighed in on the stock. BidaskClub raised shares of Huron Consulting Group from a “sell” rating to a “hold” rating in a report on Monday, February 5th. Zacks Investment Research lowered shares of Huron Consulting Group from a “hold” rating to a “sell” rating in a report on Saturday, February 3rd. Finally, Barrington Research reaffirmed a “market perform” rating on shares of Huron Consulting Group in a report on Wednesday, March 7th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $48.00.
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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.
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