Semanteon Capital Management LP Buys New Shares in Huron Consulting Group Inc. (NASDAQ:HURN)

Semanteon Capital Management LP bought a new stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) during the fourth quarter, Holdings Channel reports. The institutional investor bought 11,342 shares of the business services provider’s stock, valued at approximately $1,166,000.

A number of other institutional investors also recently modified their holdings of HURN. International Assets Investment Management LLC acquired a new position in shares of Huron Consulting Group during the 4th quarter valued at $42,000. Assetmark Inc. increased its stake in Huron Consulting Group by 28.6% during the 3rd quarter. Assetmark Inc. now owns 1,098 shares of the business services provider’s stock valued at $114,000 after purchasing an additional 244 shares in the last quarter. New York State Teachers Retirement System bought a new stake in Huron Consulting Group during the 4th quarter valued at $175,000. Olympiad Research LP bought a new stake in Huron Consulting Group during the 3rd quarter valued at $217,000. Finally, Corton Capital Inc. bought a new stake in Huron Consulting Group during the 3rd quarter valued at $219,000. Institutional investors and hedge funds own 93.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on HURN shares. Barrington Research boosted their price target on shares of Huron Consulting Group from $128.00 to $133.00 and gave the company an “outperform” rating in a research note on Wednesday, March 6th. StockNews.com lowered shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 28th.

Insider Buying and Selling

In related news, Director James H. Roth sold 2,000 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $103.22, for a total value of $206,440.00. Following the transaction, the director now directly owns 68,040 shares of the company’s stock, valued at approximately $7,023,088.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, Director James H. Roth sold 2,000 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $103.22, for a total value of $206,440.00. Following the transaction, the director now directly owns 68,040 shares of the company’s stock, valued at approximately $7,023,088.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director James H. Roth sold 9,517 shares of the business’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $99.28, for a total transaction of $944,847.76. Following the completion of the transaction, the director now directly owns 83,239 shares in the company, valued at $8,263,967.92. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 42,080 shares of company stock valued at $4,146,076. 2.02% of the stock is owned by insiders.

Huron Consulting Group Stock Up 0.4 %

Shares of NASDAQ HURN traded up $0.37 during trading on Thursday, hitting $93.81. The stock had a trading volume of 183,465 shares, compared to its average volume of 117,323. Huron Consulting Group Inc. has a 12 month low of $70.66 and a 12 month high of $113.31. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market capitalization of $1.73 billion, a PE ratio of 29.10 and a beta of 0.58. The firm has a fifty day moving average of $97.17 and a two-hundred day moving average of $100.92.

Huron Consulting Group (NASDAQ:HURN) last posted its earnings results on Tuesday, February 27th. The business services provider reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.17. Huron Consulting Group had a net margin of 4.47% and a return on equity of 17.77%. The firm had revenue of $339.23 million during the quarter, compared to analyst estimates of $341.71 million. During the same quarter in the prior year, the business posted $1.12 EPS. The business’s revenue was up 8.1% compared to the same quarter last year. As a group, equities research analysts forecast that Huron Consulting Group Inc. will post 5.64 EPS for the current fiscal year.

About Huron Consulting Group

Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Education, and Commercial. The Healthcare segment provides financial and operational performance improvement consulting services; digital offerings, spanning technology and analytic-related services; software products; organizational transformation services; revenue cycle managed and outsourcing services; financial and capital advisory consulting services; and strategy and innovation consulting services to national and regional health systems, academic and community health systems, federal health system, public, children's and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.