Assenagon Asset Management S.A. Has $4.11 Million Holdings in Huron Consulting Group Inc. (NASDAQ:HURN)

Assenagon Asset Management S.A. reduced its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 74.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,999 shares of the business services provider's stock after selling 116,164 shares during the quarter. Assenagon Asset Management S.A. owned about 0.21% of Huron Consulting Group worth $4,112,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Comerica Bank acquired a new position in Huron Consulting Group during the 3rd quarter worth $35,000. Point72 Asset Management L.P. acquired a new position in shares of Huron Consulting Group during the second quarter valued at $35,000. West Tower Group LLC bought a new position in Huron Consulting Group in the second quarter valued at about $53,000. Money Concepts Capital Corp acquired a new stake in Huron Consulting Group in the fourth quarter worth about $56,000. Finally, Lazard Asset Management LLC bought a new stake in Huron Consulting Group during the 1st quarter worth about $68,000. Institutional investors and hedge funds own 93.90% of the company's stock.

Insiders Place Their Bets

In other news, Director James H. Roth sold 6,804 shares of the business's stock in a transaction on Monday, March 25th. The shares were sold at an average price of $95.00, for a total value of $646,380.00. Following the completion of the transaction, the director now owns 62,825 shares of the company's stock, valued at approximately $5,968,375. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, CEO C. Mark Hussey sold 4,000 shares of the stock in a transaction that occurred on Wednesday, January 10th. The stock was sold at an average price of $103.11, for a total transaction of $412,440.00. Following the completion of the sale, the chief executive officer now directly owns 102,286 shares of the company's stock, valued at approximately $10,546,709.46. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director James H. Roth sold 6,804 shares of Huron Consulting Group stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of $95.00, for a total transaction of $646,380.00. Following the completion of the transaction, the director now directly owns 62,825 shares in the company, valued at approximately $5,968,375. The disclosure for this sale can be found here. Over the last three months, insiders have sold 45,780 shares of company stock worth $4,529,602. Company insiders own 2.20% of the company's stock.

Huron Consulting Group Trading Down 0.2 %

NASDAQ:HURN traded down $0.23 during mid-day trading on Tuesday, hitting $95.00. The company had a trading volume of 157,178 shares, compared to its average volume of 117,312. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.32 and a current ratio of 1.32. Huron Consulting Group Inc. has a fifty-two week low of $70.66 and a fifty-two week high of $113.31. The firm has a market cap of $1.75 billion, a P/E ratio of 29.76 and a beta of 0.58. The business's fifty day moving average is $100.76 and its two-hundred day moving average is $102.11.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its quarterly earnings results on Tuesday, February 27th. The business services provider reported $1.29 earnings per share for the quarter, beating analysts' consensus estimates 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 business had revenue of $339.23 million for the quarter, compared to the consensus estimate of $341.71 million. During the same period last year, the company posted $1.12 EPS. Huron Consulting Group's revenue for the quarter was up 8.1% on a year-over-year basis. As a group, research analysts expect that Huron Consulting Group Inc. will post 5.64 earnings per share for the current year.

Analyst Upgrades and Downgrades

HURN has been the topic of several recent research reports. StockNews.com lowered shares of Huron Consulting Group from a "buy" rating to a "hold" rating in a research note on Wednesday, February 28th. Barrington Research raised their price objective 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.

Huron Consulting Group Company 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.