Huron Consulting Group (HURN) : Handelsinvest Investeringsforvaltning reduced its stake in Huron Consulting Group by 2.65% during the most recent quarter end. The investment management company now holds a total of 93,850 shares of Huron Consulting Group which is valued at $5,567,182 after selling 2,550 shares in Huron Consulting Group , the firm said in a disclosure report filed with the SEC on Apr 19, 2016.Huron Consulting Group makes up approximately 1.85% of Handelsinvest Investeringsforvaltning’s portfolio.
Huron Consulting Group opened for trading at $58.9 and hit $59.73 on the upside on Friday, eventually ending the session at $59.32, with a gain of 1.07% or 0.63 points. The heightened volatility saw the trading volume jump to 1,14,820 shares. Company has a market cap of $1,279 M.
Other Hedge Funds, Including , New York State Teachers Retirement System sold out all of its stake in HURN during the most recent quarter. The investment firm sold 1,500 shares of HURN which is valued $88,980.Falcon Point Capital boosted its stake in HURN in the latest quarter, The investment management firm added 28,528 additional shares and now holds a total of 215,265 shares of Huron Consulting Group which is valued at $12,457,386. Huron Consulting Group makes up approx 2.20% of Falcon Point Capital’s portfolio. Creative Planning sold out all of its stake in HURN during the most recent quarter. The investment firm sold 30 shares of HURN which is valued $1,649.Eagle Asset Management Inc reduced its stake in HURN by selling 28,899 shares or 9.95% in the most recent quarter. The Hedge Fund company now holds 261,478 shares of HURN which is valued at $14,376,060. Huron Consulting Group makes up approx 0.10% of Eagle Asset Management Inc’s portfolio.
On the company’s financial health, Huron Consulting Group reported $0.94 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Feb 22, 2016. Analyst had a consensus of $0.97. The company had revenue of $185.10 million for the quarter, compared to analysts expectations of $216.39 million. The company’s revenue was up 12.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.74 EPS.
Many Wall Street Analysts have commented on Huron Consulting Group. Shares were Reiterated by Deutsche Bank on Feb 23, 2016 to “Buy” and Lowered the Price Target to $ 60 from a previous price target of $65 .
Huron Consulting Group Inc. is an operational and financial consulting services provider. The Company operates through five segments: Huron Healthcare Huron Legal Huron Education and Life Sciences Huron Business Advisory and All Other. The Huron Healthcare segment provides consulting services to national and regional hospitals and integrated health systems academic medical centers community hospitals and physician practices. The Huron Legal segment provides advisory and business services to assist law departments. The Huron Education and Life Sciences segment provides management consulting services and software solutions. The Huron Business Advisory segment provides services to the C-suite of middle market and organizations lending institutions law firms investment banks and private equity firms. The All Other segment includes its public sector consulting practice and its foreign healthcare and strategic consulting operations -based in the Middle East.