Aristides Capital LLC Buys 650 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Aristides Capital LLC lifted its stake in Huron Consulting Group Inc. (NASDAQ:HURN) by 31.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,711 shares of the business services provider’s stock after buying an additional 650 shares during the period. Aristides Capital LLC’s holdings in Huron Consulting Group were worth $337,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in HURN. FMR LLC boosted its stake in Huron Consulting Group by 32.4% during the third quarter. FMR LLC now owns 21,394 shares of the business services provider’s stock worth $2,326,000 after buying an additional 5,230 shares in the last quarter. State Street Corp lifted its holdings in shares of Huron Consulting Group by 2.1% during the 3rd quarter. State Street Corp now owns 445,694 shares of the business services provider’s stock worth $48,447,000 after acquiring an additional 8,972 shares during the period. Wellington Management Group LLP boosted its position in shares of Huron Consulting Group by 29.1% during the 3rd quarter. Wellington Management Group LLP now owns 538,290 shares of the business services provider’s stock valued at $58,512,000 after acquiring an additional 121,371 shares in the last quarter. Orion Portfolio Solutions LLC bought a new stake in Huron Consulting Group in the third quarter valued at about $264,000. Finally, MML Investors Services LLC acquired a new position in Huron Consulting Group in the third quarter worth about $220,000. 93.90% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Huron Consulting Group news, Director H Eugene Lockhart sold 1,042 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $125.15, for a total transaction of $130,406.30. Following the transaction, the director now directly owns 24,672 shares in the company, valued at approximately $3,087,700.80. This represents a 4.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $123.69, for a total transaction of $247,380.00. Following the sale, the director now owns 50,534 shares of the company’s stock, valued at approximately $6,250,550.46. This represents a 3.81 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 80,781 shares of company stock valued at $11,731,832. 2.02% of the stock is currently owned by corporate insiders.

Huron Consulting Group Price Performance

Shares of HURN stock opened at $137.76 on Monday. The stock’s fifty day moving average is $137.92 and its 200-day moving average is $125.17. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61. Huron Consulting Group Inc. has a 52 week low of $84.26 and a 52 week high of $153.85. The stock has a market capitalization of $2.47 billion, a PE ratio of 29.95 and a beta of 0.37.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings data on Tuesday, February 25th. The business services provider reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.38. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The firm had revenue of $399.31 million for the quarter, compared to analyst estimates of $380.62 million. Equities research analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on HURN. Benchmark reiterated a “buy” rating and issued a $165.00 price objective on shares of Huron Consulting Group in a research note on Wednesday, March 26th. Barrington Research reiterated an “outperform” rating and issued a $167.00 price target on shares of Huron Consulting Group in a research report on Thursday, March 27th. William Blair reissued an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, March 26th. Truist Financial upped their target price on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Finally, Wedbush lifted their price target on shares of Huron Consulting Group from $150.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, March 26th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $169.25.

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.