Huron Consulting Group (HURN) : Channing Capital Management reduced its stake in Huron Consulting Group by 0.93% during the most recent quarter end. The investment management company now holds a total of 745,085 shares of Huron Consulting Group which is valued at $45,032,937 after selling 6,975 shares in Huron Consulting Group , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Huron Consulting Group makes up approximately 1.81% of Channing Capital Management’s portfolio.
Other Hedge Funds, Including , Clark Estates Incny added HURN to its portfolio by purchasing 45,000 company shares during the most recent quarter which is valued at $2,719,800. Huron Consulting Group makes up approx 0.51% of Clark Estates Incny’s portfolio. Advisory Services Network added HURN to its portfolio by purchasing 20 company shares during the most recent quarter which is valued at $1,247. Msi Financial Services Inc sold out all of its stake in HURN during the most recent quarter. The investment firm sold 65 shares of HURN which is valued $4,054. Acadian Asset Management added HURN to its portfolio by purchasing 1,485 company shares during the most recent quarter which is valued at $94,788.
Huron Consulting Group closed down -1.42 points or -2.35% at $59.02 with 1,90,397 shares getting traded on Thursday. Post opening the session at $60.19, the shares hit an intraday low of $58.9 and an intraday high of $60.735 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Huron Consulting Group reported $0.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.53. The company had revenue of $180.50 million for the quarter, compared to analysts expectations of $170.37 million. The company’s revenue was up 16.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS.
Many Wall Street Analysts have commented on Huron Consulting Group. Company shares were Reiterated by Barrington Research on Aug 1, 2016 to “Outperform”, Firm has raised the Price Target to $ 69 from a previous price target of $67 .
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.