Dynamic Technology Lab Private Ltd purchased a new stake in Huron Consulting Group Inc. (NASDAQ:HURN – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,778 shares of the business services provider’s stock, valued at approximately $388,000.
Several other institutional investors and hedge funds also recently made changes to their positions in HURN. Principal Securities Inc. acquired a new stake in shares of Huron Consulting Group in the fourth quarter valued at about $25,000. International Assets Investment Management LLC acquired a new stake in shares of Huron Consulting Group in the fourth quarter valued at about $42,000. Headlands Technologies LLC grew its stake in Huron Consulting Group by 2,020.0% during the fourth quarter. Headlands Technologies LLC now owns 954 shares of the business services provider’s stock worth $98,000 after purchasing an additional 909 shares during the period. USA Financial Formulas grew its stake in Huron Consulting Group by 3,273.3% during the fourth quarter. USA Financial Formulas now owns 1,012 shares of the business services provider’s stock worth $104,000 after purchasing an additional 982 shares during the period. Finally, New York State Teachers Retirement System acquired a new stake in Huron Consulting Group during the fourth quarter worth approximately $175,000. Institutional investors and hedge funds own 93.90% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms recently commented on HURN. Barrington Research reaffirmed an “outperform” rating and set a $133.00 target price on shares of Huron Consulting Group in a research note on Monday, May 6th. Benchmark reaffirmed a “buy” rating and set a $140.00 target price on shares of Huron Consulting Group in a research note on Monday, May 13th. Wedbush reaffirmed an “outperform” rating and set a $110.00 target price on shares of Huron Consulting Group in a research note on Thursday. StockNews.com cut Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 28th. Finally, Truist Financial reaffirmed a “buy” rating and set a $140.00 target price on shares of Huron Consulting Group in a research note on Thursday, May 16th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Huron Consulting Group has a consensus rating of “Moderate Buy” and a consensus price target of $130.75.
View Our Latest Stock Analysis on Huron Consulting Group
Insider Activity
In other news, CEO C. Mark Hussey sold 1,765 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $100.12, for a total value of $176,711.80. Following the transaction, the chief executive officer now owns 121,728 shares in the company, valued at $12,187,407.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO C. Mark Hussey sold 1,765 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $100.12, for a total value of $176,711.80. Following the transaction, the chief executive officer now owns 121,728 shares in the company, valued at $12,187,407.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James H. Roth sold 9,517 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $99.28, for a total value of $944,847.76. Following the completion of the transaction, the director now owns 83,239 shares in the company, valued at approximately $8,263,967.92. The disclosure for this sale can be found here. Insiders have sold 36,380 shares of company stock worth $3,548,734 over the last 90 days. 2.02% of the stock is currently owned by corporate insiders.
Huron Consulting Group Trading Up 1.9 %
Shares of Huron Consulting Group stock opened at $87.17 on Friday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.40 and a current ratio of 2.40. Huron Consulting Group Inc. has a 52 week low of $77.99 and a 52 week high of $113.31. The stock has a 50 day moving average price of $91.42 and a two-hundred day moving average price of $98.91. The stock has a market capitalization of $1.57 billion, a PE ratio of 25.12 and a beta of 0.59.
Huron Consulting Group (NASDAQ:HURN – Get Free Report) last announced its quarterly earnings data on Tuesday, April 30th. The business services provider reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.35. Huron Consulting Group had a return on equity of 19.21% and a net margin of 4.67%. The firm had revenue of $355.96 million during the quarter, compared to analysts’ expectations of $348.80 million. During the same quarter last year, the firm posted $0.87 earnings per share. The company’s revenue for the quarter was up 12.0% compared to the same quarter last year. As a group, equities analysts anticipate that Huron Consulting Group Inc. will post 5.82 earnings per share for the current fiscal year.
Huron Consulting Group Profile
(Free Report)
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.
Featured Stories
Receive News & Ratings for Huron Consulting Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Huron Consulting Group and related companies with MarketBeat.com’s FREE daily email newsletter.