Huron Consulting Group Inc. (HURN) Shares Sold by TIAA CREF Investment Management LLC

TIAA CREF Investment Management LLC decreased its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 3.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 82,602 shares of the business services provider’s stock after selling 2,925 shares during the period. TIAA CREF Investment Management LLC owned about 0.40% of Huron Consulting Group worth $3,478,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. State Street Corp increased its stake in shares of Huron Consulting Group by 4.7% in the fourth quarter. State Street Corp now owns 402,426 shares of the business services provider’s stock worth $20,382,000 after buying an additional 17,924 shares during the last quarter. Two Sigma Investments LP purchased a new position in shares of Huron Consulting Group during the fourth quarter valued at $613,000. AQR Capital Management LLC increased its position in shares of Huron Consulting Group by 46.0% in the fourth quarter. AQR Capital Management LLC now owns 10,212 shares of the business services provider’s stock valued at $517,000 after buying an additional 3,217 shares in the last quarter. Norges Bank purchased a new position in shares of Huron Consulting Group during the fourth quarter valued at $18,029,000. Finally, Teachers Advisors LLC increased its position in shares of Huron Consulting Group by 1.4% in the fourth quarter. Teachers Advisors LLC now owns 35,394 shares of the business services provider’s stock valued at $1,793,000 after buying an additional 492 shares in the last quarter. 92.87% of the stock is owned by hedge funds and other institutional investors.

Shares of Huron Consulting Group Inc. (NASDAQ:HURN) traded down 1.111% during mid-day trading on Monday, hitting $33.375. 8,593 shares of the stock traded hands. Huron Consulting Group Inc. has a 12 month low of $33.38 and a 12 month high of $64.00. The company’s market cap is $717.30 million. The firm has a 50 day moving average of $41.86 and a 200 day moving average of $43.00.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings results on Thursday, July 27th. The business services provider reported $0.49 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.67 by $0.18. The business had revenue of $181.40 million during the quarter, compared to analysts’ expectations of $191.83 million. Huron Consulting Group had a positive return on equity of 8.83% and a negative net margin of 15.94%. The business’s quarterly revenue was down 1.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.09 earnings per share. Equities analysts anticipate that Huron Consulting Group Inc. will post $2.23 EPS for the current fiscal year.

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Several research analysts recently weighed in on the stock. ValuEngine downgraded shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Zacks Investment Research upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating and set a $51.00 price target on the stock in a research note on Wednesday, May 3rd. Benchmark Co. assumed coverage on shares of Huron Consulting Group in a research note on Tuesday, May 23rd. They issued a “hold” rating on the stock. Finally, TheStreet cut shares of Huron Consulting Group from a “c” rating to a “d+” rating in a research note on Monday, July 31st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $51.00.

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

About Huron Consulting Group

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.