Fmr LLC Has $60.36 Million Position in Huron Consulting Group Inc. (HURN)

Fmr LLC lowered its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 8.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,397,291 shares of the business services provider’s stock after selling 125,845 shares during the quarter. Fmr LLC owned approximately 6.50% of Huron Consulting Group worth $60,364,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Pacad Investment Ltd. boosted its position in Huron Consulting Group by 80.0% during the second quarter. Pacad Investment Ltd. now owns 2,700 shares of the business services provider’s stock worth $117,000 after acquiring an additional 1,200 shares during the last quarter. Victory Capital Management Inc. boosted its position in Huron Consulting Group by 81.2% during the first quarter. Victory Capital Management Inc. now owns 2,961 shares of the business services provider’s stock worth $125,000 after acquiring an additional 1,327 shares during the last quarter. SG Americas Securities LLC boosted its position in Huron Consulting Group by 72.0% during the first quarter. SG Americas Securities LLC now owns 4,006 shares of the business services provider’s stock worth $169,000 after acquiring an additional 1,677 shares during the last quarter. Bank of Montreal Can acquired a new stake in Huron Consulting Group during the second quarter worth approximately $177,000. Finally, BNP Paribas Arbitrage SA boosted its position in Huron Consulting Group by 194.0% during the second quarter. BNP Paribas Arbitrage SA now owns 4,151 shares of the business services provider’s stock worth $179,000 after acquiring an additional 2,739 shares during the last quarter. Hedge funds and other institutional investors own 88.49% of the company’s stock.

Huron Consulting Group Inc. (NASDAQ:HURN) opened at 36.20 on Friday. The firm’s 50-day moving average is $33.39 and its 200-day moving average is $38.97. Huron Consulting Group Inc. has a 1-year low of $29.53 and a 1-year high of $57.70. The stock’s market cap is $778.01 million.

Huron Consulting Group (NASDAQ:HURN) last released its earnings results on Thursday, July 27th. The business services provider reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.18). The firm 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 revenue was down 1.6% on a year-over-year basis. During the same period last year, the business earned $1.09 earnings per share. On average, analysts forecast that Huron Consulting Group Inc. will post $2.22 EPS for the current year.

A number of analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Huron Consulting Group from a “hold” rating to a “strong sell” rating in a research report on Monday, July 31st. TheStreet lowered 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 analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold”.

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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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