Huron Consulting Group (HURN) Position Lifted by United Services Automobile Association

United Services Automobile Association boosted its holdings in Huron Consulting Group (NASDAQ:HURN) by 13.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 233,111 shares of the business services provider’s stock after acquiring an additional 28,428 shares during the period. United Services Automobile Association owned 1.04% of Huron Consulting Group worth $9,534,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new stake in Huron Consulting Group in the first quarter valued at approximately $133,000. Schwab Charles Investment Management Inc. raised its position in Huron Consulting Group by 7.8% in the first quarter. Schwab Charles Investment Management Inc. now owns 189,967 shares of the business services provider’s stock valued at $7,238,000 after purchasing an additional 13,793 shares during the period. Aperio Group LLC purchased a new stake in Huron Consulting Group in the first quarter valued at approximately $236,000. New York State Common Retirement Fund raised its position in Huron Consulting Group by 6.4% in the first quarter. New York State Common Retirement Fund now owns 31,524 shares of the business services provider’s stock valued at $1,201,000 after purchasing an additional 1,900 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in Huron Consulting Group by 6.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,476,405 shares of the business services provider’s stock valued at $56,251,000 after purchasing an additional 83,354 shares during the period. Hedge funds and other institutional investors own 88.94% of the company’s stock.

In other news, Director James D. Edwards sold 735 shares of the company’s stock in a transaction on Monday, October 1st. The stock was sold at an average price of $49.21, for a total transaction of $36,169.35. Following the sale, the director now owns 24,371 shares of the company’s stock, valued at $1,199,296.91. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 directly owns 215,397 shares in the company, valued at approximately $10,547,991.09. The disclosure for this sale can be found here. 3.08% of the stock is currently owned by corporate insiders.

Huron Consulting Group stock opened at $49.71 on Tuesday. Huron Consulting Group has a twelve month low of $32.05 and a twelve month high of $50.42. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.54 and a current ratio of 1.54. The firm has a market cap of $1.11 billion, a PE ratio of 23.12, a P/E/G ratio of 1.76 and a beta of 0.08.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Tuesday, July 31st. The business services provider reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.02). Huron Consulting Group had a positive return on equity of 8.02% and a negative net margin of 2.79%. The company had revenue of $197.50 million for the quarter, compared to analysts’ expectations of $185.73 million. During the same period in the prior year, the company posted $0.49 EPS. The firm’s revenue was up 8.9% compared to the same quarter last year. Analysts predict that Huron Consulting Group will post 2.08 EPS for the current year.

A number of analysts have issued reports on HURN shares. Benchmark reissued a “buy” rating and issued a $54.00 target price (up previously from $52.00) on shares of Huron Consulting Group in a research report on Tuesday, September 18th. BidaskClub lowered Huron Consulting Group from a “strong-buy” rating to a “buy” rating in a research report on Thursday, September 13th. SunTrust Banks reissued a “buy” rating and issued a $52.00 target price on shares of Huron Consulting Group in a research report on Wednesday, August 1st. ValuEngine raised Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Monday, July 30th. Finally, TheStreet raised Huron Consulting Group from a “d+” rating to a “c-” rating in a research report on Friday, July 20th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $53.67.

About Huron Consulting Group

Huron Consulting Group, Inc engages in the provision of operational and financial consulting services. It operates through the following business segments: Healthcare, Education, Business Advisory, and All Other. The Healthcare segment provides advisory services in the areas of organizational and resource alignment; clinical transformation; financial and operational performance; patient and caregiver engagement; and technology implementation and optimization.

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

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