Rice Hall James & Associates LLC Has $6.11 Million Position in Huron Consulting Group Inc. (HURN)

Rice Hall James & Associates LLC reduced its stake in Huron Consulting Group Inc. (NASDAQ:HURN) by 37.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 178,112 shares of the business services provider’s stock after selling 108,197 shares during the quarter. Rice Hall James & Associates LLC owned approximately 0.83% of Huron Consulting Group worth $6,109,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in Huron Consulting Group by 3.7% in the 2nd quarter. Vanguard Group Inc. now owns 1,818,993 shares of the business services provider’s stock valued at $78,580,000 after purchasing an additional 64,593 shares during the period. Dimensional Fund Advisors LP grew its stake in Huron Consulting Group by 11.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,425,586 shares of the business services provider’s stock valued at $61,585,000 after purchasing an additional 151,495 shares during the period. Van Berkom & Associates Inc. bought a new position in Huron Consulting Group in the 2nd quarter valued at $49,231,000. Boston Partners grew its stake in Huron Consulting Group by 1.2% in the 2nd quarter. Boston Partners now owns 741,887 shares of the business services provider’s stock valued at $32,050,000 after purchasing an additional 8,618 shares during the period. Finally, State Street Corp grew its stake in Huron Consulting Group by 10.4% in the 2nd quarter. State Street Corp now owns 447,219 shares of the business services provider’s stock valued at $19,322,000 after purchasing an additional 42,269 shares during the period. 88.27% of the stock is owned by institutional investors and hedge funds.

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A number of research analysts have issued reports on HURN shares. Zacks Investment Research downgraded Huron Consulting Group from a “hold” rating to a “strong sell” rating in a research note on Monday, July 31st. TheStreet downgraded Huron Consulting Group from a “c” rating to a “d+” rating in a research note on Monday, July 31st. William Blair upgraded Huron Consulting Group from a “market perform” rating to an “outperform” rating in a research note on Friday, September 8th. Finally, SunTrust Banks, Inc. restated a “buy” rating and issued a $48.00 price objective on shares of Huron Consulting Group in a research note on Friday, October 20th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Huron Consulting Group presently has an average rating of “Hold” and a consensus target price of $48.00.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Wednesday, November 1st. The business services provider reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.12). The firm had revenue of $176.40 million for the quarter, compared to analysts’ expectations of $181.27 million. Huron Consulting Group had a negative net margin of 17.09% and a positive return on equity of 7.24%. The firm’s revenue was down 3.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.92 EPS.

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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