Huron Consulting Group Inc. (NASDAQ:HURN) Stock Position Lifted by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. grew its stake in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 5.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 143,714 shares of the business services provider's stock after acquiring an additional 7,407 shares during the quarter. Assenagon Asset Management S.A. owned about 0.80% of Huron Consulting Group worth $15,622,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in HURN. Bleakley Financial Group LLC lifted its position in Huron Consulting Group by 42.6% during the third quarter. Bleakley Financial Group LLC now owns 8,452 shares of the business services provider's stock worth $919,000 after buying an additional 2,524 shares during the period. Creative Planning lifted its position in Huron Consulting Group by 10.5% during the third quarter. Creative Planning now owns 2,588 shares of the business services provider's stock worth $281,000 after buying an additional 246 shares during the period. Handelsbanken Fonder AB lifted its position in Huron Consulting Group by 11.8% during the third quarter. Handelsbanken Fonder AB now owns 3,800 shares of the business services provider's stock worth $413,000 after buying an additional 400 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Huron Consulting Group during the second quarter worth about $2,226,000. Finally, Aristides Capital LLC purchased a new position in Huron Consulting Group during the second quarter worth about $296,000. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director H Eugene Lockhart sold 1,042 shares of the stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $108.27, for a total value of $112,817.34. Following the completion of the sale, the director now owns 28,840 shares in the company, valued at approximately $3,122,506.80. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Huron Consulting Group news, insider Kyle Featherstone sold 820 shares of the firm's stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $108.07, for a total transaction of $88,617.40. Following the completion of the sale, the insider now owns 1,565 shares in the company, valued at $169,129.55. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director H Eugene Lockhart sold 1,042 shares of the firm's stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $108.27, for a total value of $112,817.34. Following the sale, the director now owns 28,840 shares of the company's stock, valued at approximately $3,122,506.80. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 11,168 shares of company stock worth $1,170,515. 2.02% of the stock is currently owned by corporate insiders.

Huron Consulting Group Trading Down 0.6 %

NASDAQ:HURN traded down $0.63 on Friday, hitting $103.48. 46,588 shares of the stock were exchanged, compared to its average volume of 64,777. The stock has a market cap of $1.86 billion, a PE ratio of 29.82 and a beta of 0.61. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 0.99. The stock has a fifty day moving average of $107.09 and a 200-day moving average of $100.29. Huron Consulting Group Inc. has a fifty-two week low of $84.26 and a fifty-two week high of $115.65.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last posted its earnings results on Tuesday, July 30th. The business services provider reported $1.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.48 by $0.20. Huron Consulting Group had a return on equity of 20.44% and a net margin of 5.46%. The business had revenue of $371.70 million during the quarter, compared to analyst estimates of $374.33 million. During the same quarter last year, the firm earned $1.38 earnings per share. The company's revenue for the quarter was up 7.2% compared to the same quarter last year. As a group, equities analysts expect that Huron Consulting Group Inc. will post 5.95 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on HURN shares. Barrington Research reiterated an "outperform" rating and set a $137.00 target price on shares of Huron Consulting Group in a research report on Monday, September 9th. Benchmark restated a "buy" rating and set a $140.00 price target on shares of Huron Consulting Group in a research note on Wednesday, July 31st. Finally, StockNews.com upgraded Huron Consulting Group from a "sell" rating to a "hold" rating in a research note on Saturday, August 3rd. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $131.75.

Huron Consulting Group Profile

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.