Hartford Investment Management Co. Acquires 28,391 Shares of Huron Consulting Group (HURN)

Hartford Investment Management Co. lifted its holdings in Huron Consulting Group (NASDAQ:HURN) by 30.9% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 120,179 shares of the business services provider’s stock after purchasing an additional 28,391 shares during the period. Hartford Investment Management Co. owned about 0.54% of Huron Consulting Group worth $4,122,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of HURN. Legal & General Group Plc raised its stake in Huron Consulting Group by 2.6% during the 2nd quarter. Legal & General Group Plc now owns 7,631 shares of the business services provider’s stock worth $329,000 after acquiring an additional 197 shares during the period. The Manufacturers Life Insurance Company raised its stake in Huron Consulting Group by 1.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 17,114 shares of the business services provider’s stock worth $739,000 after acquiring an additional 220 shares during the period. Public Employees Retirement System of Ohio raised its stake in Huron Consulting Group by 0.9% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 31,514 shares of the business services provider’s stock worth $1,361,000 after acquiring an additional 275 shares during the period. Victory Capital Management Inc. raised its stake in Huron Consulting Group by 17.7% during the 2nd quarter. Victory Capital Management Inc. now owns 3,485 shares of the business services provider’s stock worth $151,000 after acquiring an additional 524 shares during the period. Finally, Rhumbline Advisers raised its stake in Huron Consulting Group by 2.2% during the 2nd quarter. Rhumbline Advisers now owns 28,648 shares of the business services provider’s stock worth $1,238,000 after acquiring an additional 619 shares during the period. Hedge funds and other institutional investors own 89.58% of the company’s stock.

Shares of Huron Consulting Group (NASDAQ:HURN) opened at $40.10 on Friday. Huron Consulting Group has a one year low of $29.52 and a one year high of $55.55. The company has a market cap of $887.37, a P/E ratio of 19.56, a price-to-earnings-growth ratio of 1.21 and a beta of 0.11. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.71.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings data on Wednesday, November 1st. The business services provider reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.12). Huron Consulting Group had a negative net margin of 17.09% and a positive return on equity of 7.50%. The company had revenue of $176.40 million for the quarter, compared to analysts’ expectations of $181.27 million. During the same period last year, the business earned $0.92 earnings per share. The company’s quarterly revenue was down 3.8% compared to the same quarter last year. equities analysts forecast that Huron Consulting Group will post 2.22 earnings per share for the current year.

A number of research firms have commented on HURN. SunTrust Banks restated a “buy” rating and set a $48.00 target price on shares of Huron Consulting Group in a research note on Friday, October 20th. Zacks Investment Research upgraded shares of Huron Consulting Group from a “strong sell” rating to a “hold” rating in a research note on Monday, October 16th. Finally, William Blair upgraded shares of Huron Consulting Group from a “market perform” rating to an “outperform” rating in a research note on Friday, September 8th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $48.00.

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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.

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

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