Public Employees Retirement System of Ohio decreased its holdings in shares of Huron Consulting Group (NASDAQ:HURN) by 0.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,722 shares of the business services provider’s stock after selling 182 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Huron Consulting Group were worth $2,498,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of HURN. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Huron Consulting Group by 36.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,251 shares of the business services provider’s stock worth $77,000 after buying an additional 333 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Huron Consulting Group by 6.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,076 shares of the business services provider’s stock worth $306,000 after acquiring an additional 372 shares in the last quarter. Rice Hall James & Associates LLC raised its stake in Huron Consulting Group by 2.8% during the 3rd quarter. Rice Hall James & Associates LLC now owns 14,471 shares of the business services provider’s stock worth $888,000 after acquiring an additional 395 shares in the last quarter. California State Teachers Retirement System lifted its position in Huron Consulting Group by 1.2% in the third quarter. California State Teachers Retirement System now owns 34,944 shares of the business services provider’s stock valued at $2,143,000 after acquiring an additional 417 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in Huron Consulting Group by 3.0% in the second quarter. AQR Capital Management LLC now owns 15,144 shares of the business services provider’s stock valued at $763,000 after acquiring an additional 447 shares during the last quarter. Hedge funds and other institutional investors own 88.69% of the company’s stock.
Several equities analysts have issued reports on HURN shares. ValuEngine lowered Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. William Blair reissued an “outperform” rating on shares of Huron Consulting Group in a report on Thursday, September 12th. BidaskClub raised Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Thursday. SunTrust Banks upped their target price on Huron Consulting Group to $74.00 and gave the company a “buy” rating in a research report on Tuesday, September 3rd. Finally, Barrington Research raised their price target on Huron Consulting Group from $68.00 to $76.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $69.50.
Shares of Huron Consulting Group stock opened at $67.82 on Friday. The firm’s fifty day simple moving average is $64.85 and its 200-day simple moving average is $58.33. The stock has a market capitalization of $1.55 billion, a price-to-earnings ratio of 32.61, a PEG ratio of 1.92 and a beta of -0.08. Huron Consulting Group has a 12 month low of $44.78 and a 12 month high of $69.19. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.65 and a quick ratio of 0.65.
Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings results on Tuesday, October 29th. The business services provider reported $0.79 EPS for the quarter, beating the consensus estimate of $0.66 by $0.13. The firm had revenue of $219.30 million during the quarter, compared to the consensus estimate of $211.59 million. Huron Consulting Group had a net margin of 3.25% and a return on equity of 10.40%. Huron Consulting Group’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.64 EPS. Analysts anticipate that Huron Consulting Group will post 2.58 earnings per share for the current year.
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 excellence, 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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