Shares of Huron Consulting Group Inc. (NASDAQ:HURN) have been given an average rating of “Hold” by the seven analysts that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a buy recommendation on the company.

Several brokerages have issued reports on HURN. Zacks Investment Research downgraded shares of Huron Consulting Group from a “hold” rating to a “strong sell” rating in a research report on Monday, July 31st. Benchmark Co. began coverage on shares of Huron Consulting Group in a research report on Tuesday, May 23rd. They issued a “hold” rating for the company. TheStreet downgraded shares of Huron Consulting Group from a “c” rating to a “d+” rating in a research report on Monday, July 31st. Finally, ValuEngine downgraded shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd.

Shares of Huron Consulting Group (NASDAQ:HURN) traded up 0.65% on Friday, reaching $30.95. 91,294 shares of the company were exchanged. The company has a 50-day moving average price of $33.84 and a 200 day moving average price of $40.42. The stock’s market capitalization is $665.18 million. Huron Consulting Group has a 1-year low of $29.52 and a 1-year high of $63.15.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.67 by $0.18. Huron Consulting Group had a negative net margin of 15.94% and a positive return on equity of 8.83%. The firm had revenue of $181.40 million during the quarter, compared to analyst estimates of $191.83 million. During the same period last year, the business earned $1.09 EPS. The firm’s revenue was down 1.6% compared to the same quarter last year. On average, analysts forecast that Huron Consulting Group will post $2.22 EPS for the current fiscal year.

In other news, Director James D. Edwards sold 602 shares of the firm’s stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $43.32, for a total transaction of $26,078.64. Following the completion of the sale, the director now owns 22,730 shares of the company’s stock, valued at $984,663.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.70% of the stock is currently owned by company insiders.

Hedge funds have recently added to or reduced their stakes in the company. Boston Partners grew its position in shares of Huron Consulting Group by 48.3% during the first quarter. Boston Partners now owns 733,269 shares of the business services provider’s stock worth $30,870,000 after buying an additional 238,882 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Huron Consulting Group by 121.3% during the first quarter. PNC Financial Services Group Inc. now owns 6,742 shares of the business services provider’s stock worth $284,000 after buying an additional 3,696 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Huron Consulting Group by 6.8% during the first quarter. Goldman Sachs Group Inc. now owns 109,035 shares of the business services provider’s stock worth $4,590,000 after buying an additional 6,926 shares in the last quarter. Citadel Advisors LLC grew its position in shares of Huron Consulting Group by 175.9% during the first quarter. Citadel Advisors LLC now owns 69,583 shares of the business services provider’s stock worth $2,929,000 after buying an additional 44,365 shares in the last quarter. Finally, American Century Companies Inc. acquired a new stake in shares of Huron Consulting Group during the second quarter worth approximately $13,881,000. 88.49% of the stock is owned by institutional investors and hedge funds.

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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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