Boston Partners Sells 212,567 Shares of Huron Consulting Group (NASDAQ:HURN)

Boston Partners lowered its stake in shares of Huron Consulting Group (NASDAQ:HURN) by 23.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 706,750 shares of the business services provider’s stock after selling 212,567 shares during the quarter. Boston Partners owned 3.08% of Huron Consulting Group worth $48,563,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Swiss National Bank increased its stake in Huron Consulting Group by 2.1% in the 4th quarter. Swiss National Bank now owns 43,900 shares of the business services provider’s stock worth $3,017,000 after acquiring an additional 900 shares during the last quarter. Rhumbline Advisers increased its position in shares of Huron Consulting Group by 1.6% during the 4th quarter. Rhumbline Advisers now owns 37,430 shares of the business services provider’s stock valued at $2,572,000 after purchasing an additional 584 shares during the last quarter. Bessemer Group Inc. increased its position in shares of Huron Consulting Group by 0.7% during the 4th quarter. Bessemer Group Inc. now owns 61,800 shares of the business services provider’s stock valued at $4,247,000 after purchasing an additional 400 shares during the last quarter. First Trust Advisors LP increased its position in shares of Huron Consulting Group by 636.9% during the 4th quarter. First Trust Advisors LP now owns 53,949 shares of the business services provider’s stock valued at $3,707,000 after purchasing an additional 46,628 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of Huron Consulting Group by 84.7% during the 4th quarter. Russell Investments Group Ltd. now owns 10,780 shares of the business services provider’s stock valued at $737,000 after purchasing an additional 4,942 shares during the last quarter. Institutional investors and hedge funds own 88.19% of the company’s stock.

Shares of Huron Consulting Group stock opened at $66.52 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $1.52 billion, a PE ratio of 48.55, a price-to-earnings-growth ratio of 1.73 and a beta of -0.01. The business’s 50-day moving average price is $67.57 and its 200-day moving average price is $64.23. Huron Consulting Group has a 12 month low of $44.78 and a 12 month high of $70.91.

In related news, Director George Massaro sold 760 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $68.70, for a total transaction of $52,212.00. Following the transaction, the director now directly owns 18,479 shares in the company, valued at approximately $1,269,507.30. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 2.86% of the stock is currently owned by corporate insiders.

HURN has been the topic of several recent research reports. Barrington Research increased their price objective on Huron Consulting Group from $68.00 to $76.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. BidaskClub lowered Huron Consulting Group from a “sell” rating to a “strong sell” rating in a research report on Friday, February 7th. Zacks Investment Research lowered Huron Consulting Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 1st. Finally, SunTrust Banks increased their price objective on Huron Consulting Group from $74.00 to $80.00 and gave the company a “buy” rating in a research report on Monday, January 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $71.00.

Huron Consulting Group Company Profile

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

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