Jackson Creek Investment Advisors LLC reduced its position in Huron Consulting Group Inc. (NASDAQ:HURN – Free Report) by 3.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,416 shares of the business services provider’s stock after selling 387 shares during the quarter. Jackson Creek Investment Advisors LLC owned approximately 0.07% of Huron Consulting Group worth $1,543,000 as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. Heck Capital Advisors LLC acquired a new position in Huron Consulting Group in the fourth quarter valued at $33,000. Assetmark Inc. lifted its stake in shares of Huron Consulting Group by 7.0% in the 3rd quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock valued at $149,000 after purchasing an additional 90 shares during the period. Aigen Investment Management LP bought a new stake in shares of Huron Consulting Group during the 4th quarter valued at about $211,000. MML Investors Services LLC acquired a new stake in Huron Consulting Group during the third quarter worth approximately $220,000. Finally, Peapack Gladstone Financial Corp bought a new stake in Huron Consulting Group in the third quarter worth approximately $220,000. 93.90% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several analysts have recently commented on HURN shares. Benchmark raised their price objective on shares of Huron Consulting Group from $140.00 to $165.00 and gave the stock a “buy” rating in a research report on Wednesday, February 26th. Wedbush started coverage on shares of Huron Consulting Group in a report on Monday, February 3rd. They issued an “outperform” rating for the company. William Blair reiterated an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, February 26th. Barrington Research increased their price objective on shares of Huron Consulting Group from $142.00 to $167.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. Finally, Truist Financial boosted their target price on Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a research report on Tuesday. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Huron Consulting Group has an average rating of “Buy” and an average price target of $155.50.
Insider Buying and Selling
In other Huron Consulting Group news, CEO C. Mark Hussey sold 27,672 shares of Huron Consulting Group stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $145.91, for a total transaction of $4,037,621.52. Following the transaction, the chief executive officer now owns 81,118 shares of the company’s stock, valued at $11,835,927.38. This trade represents a 25.44 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James H. Roth sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of $123.69, for a total value of $247,380.00. Following the completion of the transaction, the director now directly owns 50,534 shares of the company’s stock, valued at approximately $6,250,550.46. This represents a 3.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 46,214 shares of company stock worth $6,680,358. 2.02% of the stock is owned by insiders.
Huron Consulting Group Stock Down 1.6 %
Huron Consulting Group stock opened at $145.46 on Friday. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of 31.62 and a beta of 0.59. The firm’s fifty day moving average price is $129.11 and its two-hundred day moving average price is $119.15. Huron Consulting Group Inc. has a 1-year low of $84.26 and a 1-year high of $153.85. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82.
Huron Consulting Group (NASDAQ:HURN – Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.38. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The business had revenue of $399.31 million during the quarter, compared to the consensus estimate of $380.62 million. On average, equities research analysts predict that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.
Huron Consulting Group 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.
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