Royce & Associates LP Buys Shares of 9,127 Houghton Mifflin Harcourt Co (NASDAQ:HMHC)

Royce & Associates LP purchased a new position in Houghton Mifflin Harcourt Co (NASDAQ:HMHC) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 9,127 shares of the business services provider’s stock, valued at approximately $57,000.

Several other large investors also recently made changes to their positions in HMHC. California State Teachers Retirement System lifted its holdings in Houghton Mifflin Harcourt by 1.2% in the 3rd quarter. California State Teachers Retirement System now owns 162,701 shares of the business services provider’s stock worth $867,000 after purchasing an additional 1,943 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Houghton Mifflin Harcourt by 18.4% during the third quarter. Envestnet Asset Management Inc. now owns 12,959 shares of the business services provider’s stock worth $69,000 after purchasing an additional 2,010 shares during the period. Alpha Windward LLC grew its holdings in Houghton Mifflin Harcourt by 2.7% during the fourth quarter. Alpha Windward LLC now owns 81,180 shares of the business services provider’s stock valued at $507,000 after purchasing an additional 2,100 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in Houghton Mifflin Harcourt by 656.9% during the third quarter. Tower Research Capital LLC TRC now owns 7,259 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 6,300 shares during the last quarter. Finally, Swiss National Bank raised its position in shares of Houghton Mifflin Harcourt by 3.4% in the fourth quarter. Swiss National Bank now owns 202,300 shares of the business services provider’s stock valued at $1,264,000 after purchasing an additional 6,700 shares during the period. 95.45% of the stock is owned by institutional investors.

Shares of Houghton Mifflin Harcourt stock traded down $0.20 during trading on Friday, reaching $6.39. The company’s stock had a trading volume of 274,393 shares, compared to its average volume of 322,659. The company has a current ratio of 1.63, a quick ratio of 1.28 and a debt-to-equity ratio of 1.30. The business’s fifty day moving average price is $6.09 and its 200-day moving average price is $5.84. Houghton Mifflin Harcourt Co has a one year low of $4.49 and a one year high of $9.31.

A number of brokerages have recently weighed in on HMHC. Zacks Investment Research cut shares of Houghton Mifflin Harcourt from a “hold” rating to a “sell” rating in a research note on Wednesday, January 1st. BidaskClub lowered shares of Houghton Mifflin Harcourt from a “buy” rating to a “hold” rating in a research note on Wednesday, November 13th. Finally, ValuEngine upgraded shares of Houghton Mifflin Harcourt from a “hold” rating to a “buy” rating in a research note on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. Houghton Mifflin Harcourt presently has a consensus rating of “Hold” and a consensus price target of $6.75.

Houghton Mifflin Harcourt Company Profile

Houghton Mifflin Harcourt Company, a learning company, provides curriculum, supplemental, and intervention solutions; and professional learning services worldwide. The company operates in two segments, Education and Trade Publishing. The Education segment provides educational products, technology platforms, and services, including print and digital content in the form of textbooks, digital courseware, instructional aids, educational assessment, and intervention solutions for students.

Recommended Story: 52-Week High/Low Prices For Stock Selection

Want to see what other hedge funds are holding HMHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Houghton Mifflin Harcourt Co (NASDAQ:HMHC).

Institutional Ownership by Quarter for Houghton Mifflin Harcourt (NASDAQ:HMHC)

Receive News & Ratings for Houghton Mifflin Harcourt Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Houghton Mifflin Harcourt and related companies with MarketBeat.com's FREE daily email newsletter.