Quadrature Capital Ltd Has $1.24 Million Stock Holdings in Huron Consulting Group Inc. (NASDAQ:HURN)

Quadrature Capital Ltd grew its holdings in Huron Consulting Group Inc. (NASDAQ:HURN) by 23.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,011 shares of the business services provider’s stock after purchasing an additional 2,246 shares during the quarter. Quadrature Capital Ltd owned about 0.07% of Huron Consulting Group worth $1,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in shares of 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 valued at $213,892,000 after purchasing an additional 128,274 shares during the period. Principal Financial Group Inc. raised its stake in Huron Consulting Group by 1.4% during the 4th quarter. Principal Financial Group Inc. now owns 390,687 shares of the business services provider’s stock worth $40,163,000 after buying an additional 5,304 shares during the period. American Century Companies Inc. raised its stake in Huron Consulting Group by 36.0% during the 3rd quarter. American Century Companies Inc. now owns 233,224 shares of the business services provider’s stock worth $24,293,000 after buying an additional 61,777 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Huron Consulting Group by 0.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 196,221 shares of the business services provider’s stock worth $20,438,000 after buying an additional 696 shares during the period. Finally, Norges Bank acquired a new position in Huron Consulting Group during the 4th quarter worth approximately $14,460,000. 93.90% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Huron Consulting Group news, Director John Mccartney sold 300 shares of the firm’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $96.38, for a total transaction of $28,914.00. Following the sale, the director now owns 56,619 shares in the company, valued at $5,456,939.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director John Mccartney sold 300 shares of the firm’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $96.38, for a total transaction of $28,914.00. Following the transaction, the director now directly owns 56,619 shares of the company’s stock, valued at $5,456,939.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James H. Roth sold 6,804 shares of the firm’s stock in a transaction dated Monday, March 25th. The shares were sold at an average price of $95.00, for a total value of $646,380.00. Following the transaction, the director now directly owns 62,825 shares in the company, valued at $5,968,375. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,963 shares of company stock worth $849,095. Corporate insiders own 2.20% of the company’s stock.

Wall Street Analyst Weigh In

HURN has been the topic of a number of research reports. Benchmark reaffirmed a “buy” rating and set a $140.00 price target on shares of Huron Consulting Group in a research note on Monday, May 13th. Truist Financial reaffirmed a “buy” rating and set a $140.00 price target on shares of Huron Consulting Group in a research note on Thursday, May 16th. Wedbush reaffirmed an “outperform” rating and set a $110.00 price target on shares of Huron Consulting Group in a research note on Thursday, May 23rd. Barrington Research reaffirmed an “outperform” rating and set a $133.00 price target on shares of Huron Consulting Group in a research note on Tuesday, May 28th. Finally, StockNews.com downgraded Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 28th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $130.75.

Huron Consulting Group Stock Performance

Shares of Huron Consulting Group stock opened at $96.75 on Thursday. The company has a market cap of $1.74 billion, a PE ratio of 27.88 and a beta of 0.59. Huron Consulting Group Inc. has a 52 week low of $77.99 and a 52 week high of $113.31. The business has a 50 day moving average price of $90.72 and a 200-day moving average price of $97.36. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.13.

Huron Consulting Group (NASDAQ:HURN) last released its earnings results on Tuesday, April 30th. The business services provider reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $355.96 million during the quarter, compared to analyst estimates of $348.80 million. During the same period in the prior year, the company posted $0.87 earnings per share. Huron Consulting Group’s quarterly revenue was up 12.0% on a year-over-year basis. Equities analysts anticipate that Huron Consulting Group Inc. will post 5.83 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.