Leeward Investments LLC MA Sells 47,201 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Leeward Investments LLC MA lowered its position in Huron Consulting Group Inc. (NASDAQ:HURN) by 16.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 232,349 shares of the business services provider’s stock after selling 47,201 shares during the period. Huron Consulting Group accounts for 1.1% of Leeward Investments LLC MA’s portfolio, making the stock its 20th largest holding. Leeward Investments LLC MA’s holdings in Huron Consulting Group were worth $23,885,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in Huron Consulting Group by 6.7% in the 3rd quarter. Vanguard Group Inc. now owns 2,053,491 shares of the business services provider’s stock worth $213,892,000 after purchasing an additional 128,274 shares during the last quarter. Redwood Investments LLC bought a new position in Huron Consulting Group in the 3rd quarter worth approximately $11,509,000. American Century Companies Inc. raised its position in Huron Consulting Group by 36.0% in the 3rd quarter. American Century Companies Inc. now owns 233,224 shares of the business services provider’s stock worth $24,293,000 after purchasing an additional 61,777 shares during the last quarter. Jennison Associates LLC raised its position in Huron Consulting Group by 7.3% in the 3rd quarter. Jennison Associates LLC now owns 885,714 shares of the business services provider’s stock worth $92,256,000 after purchasing an additional 60,418 shares during the last quarter. Finally, Panagora Asset Management Inc. bought a new position in Huron Consulting Group in the 3rd quarter worth approximately $3,577,000. Institutional investors own 93.90% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. StockNews.com cut shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Wednesday, February 28th. Barrington Research upped their target price on shares of Huron Consulting Group from $128.00 to $133.00 and gave the company an “outperform” rating in a research report on Wednesday, March 6th.

Huron Consulting Group Stock Performance

Shares of Huron Consulting Group stock opened at $93.63 on Friday. The firm has a fifty day moving average of $96.67 and a two-hundred day moving average of $100.80. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of 29.26 and a beta of 0.58. Huron Consulting Group Inc. has a 52 week low of $70.66 and a 52 week high of $113.31. 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 (NASDAQ:HURN) last issued its earnings results on Tuesday, February 27th. The business services provider reported $1.29 EPS for the quarter, beating the consensus estimate of $1.12 by $0.17. The company had revenue of $339.23 million during the quarter, compared to analysts’ expectations of $341.71 million. Huron Consulting Group had a net margin of 4.47% and a return on equity of 17.77%. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.12 EPS. As a group, equities research analysts predict that Huron Consulting Group Inc. will post 5.64 EPS for the current year.

Insider Activity

In other news, Director James H. Roth sold 2,000 shares of the business’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $103.22, for a total value of $206,440.00. Following the completion of the transaction, the director now owns 68,040 shares of the company’s stock, valued at approximately $7,023,088.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, CEO C. Mark Hussey sold 4,000 shares of the business’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $104.48, for a total value of $417,920.00. Following the completion of the transaction, the chief executive officer now owns 98,286 shares of the company’s stock, valued at approximately $10,268,921.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director James H. Roth sold 2,000 shares of the business’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $103.22, for a total transaction of $206,440.00. Following the completion of the transaction, the director now directly owns 68,040 shares of the company’s stock, valued at approximately $7,023,088.80. The disclosure for this sale can be found here. Insiders sold 42,080 shares of company stock valued at $4,146,076 in the last quarter. Company insiders own 2.02% of the company’s stock.

About Huron Consulting Group

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.