PDT Partners LLC Buys Shares of 15,818 Huron Consulting Group Inc. (NASDAQ:HURN)

PDT Partners LLC bought a new stake in shares of Huron Consulting Group Inc. (NASDAQ:HURNGet Rating) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 15,818 shares of the business services provider’s stock, valued at approximately $789,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. FDx Advisors Inc. increased its holdings in shares of Huron Consulting Group by 7.1% in the 4th quarter. FDx Advisors Inc. now owns 4,740 shares of the business services provider’s stock valued at $237,000 after acquiring an additional 315 shares during the period. Blair William & Co. IL increased its holdings in shares of Huron Consulting Group by 5.0% in the 4th quarter. Blair William & Co. IL now owns 27,670 shares of the business services provider’s stock valued at $1,381,000 after acquiring an additional 1,318 shares during the period. IMA Wealth Inc. purchased a new position in shares of Huron Consulting Group in the 4th quarter valued at $95,000. Envestnet Asset Management Inc. increased its holdings in shares of Huron Consulting Group by 17.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 14,256 shares of the business services provider’s stock valued at $711,000 after acquiring an additional 2,153 shares during the period. Finally, Squarepoint Ops LLC increased its holdings in shares of Huron Consulting Group by 8.1% in the 3rd quarter. Squarepoint Ops LLC now owns 30,116 shares of the business services provider’s stock valued at $1,566,000 after acquiring an additional 2,264 shares during the period. 92.94% of the stock is owned by institutional investors and hedge funds.

In other Huron Consulting Group news, CEO James H. Roth sold 16,000 shares of Huron Consulting Group stock in a transaction dated Monday, March 7th. The stock was sold at an average price of $46.22, for a total transaction of $739,520.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.02% of the company’s stock.

Shares of HURN stock opened at $60.53 on Friday. Huron Consulting Group Inc. has a 1-year low of $42.66 and a 1-year high of $61.84. The stock’s fifty day moving average price is $54.13 and its 200 day moving average price is $49.53. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.14 and a quick ratio of 2.14. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 15.32 and a beta of 0.69.

Huron Consulting Group (NASDAQ:HURNGet Rating) last issued its quarterly earnings results on Tuesday, May 3rd. The business services provider reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.19. Huron Consulting Group had a return on equity of 10.67% and a net margin of 8.56%. The company had revenue of $260.00 million during the quarter, compared to analysts’ expectations of $234.67 million. During the same quarter in the previous year, the firm posted $0.35 EPS. The firm’s revenue was up 28.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Huron Consulting Group Inc. will post 3.2 earnings per share for the current year.

HURN has been the topic of a number of analyst reports. Zacks Investment Research upgraded Huron Consulting Group from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a report on Monday, February 28th. StockNews.com upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Tuesday, May 17th. Barrington Research boosted their target price on Huron Consulting Group from $72.00 to $75.00 in a research note on Friday, May 6th. Finally, TheStreet upgraded Huron Consulting Group from a “c+” rating to a “b-” rating in a research note on Thursday, April 21st.

Huron Consulting Group Company Profile (Get Rating)

Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Business Advisory, and Education. The Healthcare segment provides advisory services in the areas of financial and operational improvement, care transformation, and revenue cycle managed services; organizational transformation; and digital, technology and analytic solutions to national and regional hospitals, integrated health systems, academic medical centers, community hospitals, medical groups, and health plans.

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

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