Vanguard Group Inc. Sells 5,517 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Vanguard Group Inc. decreased its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 0.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,047,974 shares of the business services provider’s stock after selling 5,517 shares during the period. Vanguard Group Inc. owned about 11.25% of Huron Consulting Group worth $210,532,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Norges Bank purchased a new position in Huron Consulting Group during the fourth quarter valued at approximately $14,460,000. American Century Companies Inc. boosted its holdings 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 buying an additional 61,777 shares during the period. BNP Paribas Financial Markets increased its stake in Huron Consulting Group by 116.8% in the 4th quarter. BNP Paribas Financial Markets now owns 49,589 shares of the business services provider’s stock worth $5,098,000 after buying an additional 26,714 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Huron Consulting Group by 151.3% during the third quarter. Envestnet Asset Management Inc. now owns 34,785 shares of the business services provider’s stock valued at $3,623,000 after acquiring an additional 20,943 shares during the period. Finally, Panagora Asset Management Inc. lifted its position in shares of Huron Consulting Group by 52.2% in the fourth quarter. Panagora Asset Management Inc. now owns 52,248 shares of the business services provider’s stock valued at $5,371,000 after acquiring an additional 17,911 shares in the last quarter. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on HURN. Benchmark reiterated a “buy” rating and set a $140.00 target price on shares of Huron Consulting Group in a research report on Monday. Truist Financial reiterated a “buy” rating and set a $140.00 price objective on shares of Huron Consulting Group in a research report on Thursday, May 16th. Barrington Research restated an “outperform” rating and set a $133.00 target price on shares of Huron Consulting Group in a research report on Tuesday, May 28th. Finally, Wedbush reiterated an “outperform” rating and issued a $110.00 price target on shares of Huron Consulting Group in a report on Thursday, May 23rd. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $130.75.

Insider Buying and Selling at Huron Consulting Group

In other news, Director John Mccartney sold 300 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $89.00, for a total transaction of $26,700.00. Following the transaction, the director now owns 57,988 shares of the company’s stock, valued at approximately $5,160,932. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold a total of 1,859 shares of company stock worth $173,801 over the last ninety days. Company insiders own 2.20% of the company’s stock.

Huron Consulting Group Trading Up 0.6 %

HURN stock opened at $99.26 on Wednesday. The firm has a fifty day moving average price of $91.82 and a 200 day moving average price of $96.97. Huron Consulting Group Inc. has a fifty-two week low of $77.99 and a fifty-two week high of $113.31. The firm has a market cap of $1.79 billion, a PE ratio of 28.61 and a beta of 0.61. 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 (NASDAQ:HURN) last issued its quarterly earnings data on Tuesday, April 30th. The business services provider reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.35. Huron Consulting Group had a net margin of 4.67% and a return on equity of 19.21%. The business had revenue of $355.96 million during the quarter, compared to analysts’ expectations of $348.80 million. During the same period last year, the company posted $0.87 EPS. The business’s revenue was up 12.0% on a year-over-year basis. Sell-side analysts anticipate that Huron Consulting Group Inc. will post 5.83 earnings per share for the current fiscal year.

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.