Huron Consulting Group (HURN) Position Trimmed by American Century Companies Inc.
American Century Companies Inc. lessened its holdings in shares of Huron Consulting Group (NASDAQ:HURN) by 42.1% during the third quarter, HoldingsChannel.com reports. The fund owned 219,660 shares of the business services provider’s stock after selling 159,963 shares during the period. American Century Companies Inc.’s holdings in Huron Consulting Group were worth $10,851,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in HURN. Millennium Management LLC grew its holdings in Huron Consulting Group by 265.9% during the second quarter. Millennium Management LLC now owns 316,539 shares of the business services provider’s stock worth $12,946,000 after acquiring an additional 230,019 shares during the period. Intrinsic Edge Capital Management LLC acquired a new position in Huron Consulting Group during the second quarter worth $3,272,000. Renaissance Technologies LLC grew its holdings in Huron Consulting Group by 122.4% during the second quarter. Renaissance Technologies LLC now owns 104,858 shares of the business services provider’s stock worth $4,289,000 after acquiring an additional 57,700 shares during the period. Dimensional Fund Advisors LP grew its holdings in Huron Consulting Group by 2.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,519,499 shares of the business services provider’s stock worth $62,148,000 after acquiring an additional 43,094 shares during the period. Finally, Aristotle Capital Boston LLC acquired a new position in Huron Consulting Group during the second quarter worth $1,609,000. 86.75% of the stock is currently owned by hedge funds and other institutional investors.
Huron Consulting Group stock opened at $54.01 on Tuesday. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 25.12, a PEG ratio of 1.90 and a beta of -0.16. Huron Consulting Group has a fifty-two week low of $32.05 and a fifty-two week high of $57.00.
A number of research analysts recently weighed in on the company. Benchmark raised Huron Consulting Group from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a report on Wednesday, August 1st. Zacks Investment Research raised Huron Consulting Group from a “sell” rating to a “hold” rating in a report on Monday, September 3rd. Barrington Research raised Huron Consulting Group from a “market perform” rating to an “outperform” rating and set a $55.00 price objective on the stock in a report on Tuesday, August 28th. SunTrust Banks reaffirmed a “buy” rating and set a $52.00 price objective on shares of Huron Consulting Group in a report on Wednesday, August 1st. Finally, BidaskClub raised Huron Consulting Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 29th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $55.75.
In other Huron Consulting Group news, CEO James H. Roth sold 17,500 shares of the company’s stock in a transaction on Wednesday, September 5th. The stock was sold at an average price of $48.97, for a total value of $856,975.00. Following the sale, the chief executive officer now owns 215,397 shares of the company’s stock, valued at $10,547,991.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James D. Edwards sold 735 shares of the company’s stock in a transaction on Monday, October 1st. The shares were sold at an average price of $49.21, for a total value of $36,169.35. Following the completion of the sale, the director now directly owns 24,371 shares in the company, valued at approximately $1,199,296.91. The disclosure for this sale can be found here. 3.08% of the stock is currently owned by corporate insiders.
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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 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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