Dimensional Fund Advisors LP Sells 59,695 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Dimensional Fund Advisors LP reduced its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 5.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,137,593 shares of the business services provider’s stock after selling 59,695 shares during the period. Dimensional Fund Advisors LP owned 6.32% of Huron Consulting Group worth $112,052,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. ProShare Advisors LLC raised its position in Huron Consulting Group by 6.0% during the 1st quarter. ProShare Advisors LLC now owns 3,342 shares of the business services provider’s stock worth $323,000 after purchasing an additional 188 shares during the last quarter. Blair William & Co. IL raised its position in Huron Consulting Group by 2.1% during the 1st quarter. Blair William & Co. IL now owns 10,512 shares of the business services provider’s stock worth $1,016,000 after purchasing an additional 218 shares during the last quarter. Principal Securities Inc. bought a new position in Huron Consulting Group during the 4th quarter worth $25,000. Covestor Ltd raised its position in Huron Consulting Group by 26,500.0% during the 1st quarter. Covestor Ltd now owns 266 shares of the business services provider’s stock worth $26,000 after purchasing an additional 265 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new position in Huron Consulting Group during the 2nd quarter worth $28,000. 93.90% of the stock is owned by institutional investors.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $109.48, for a total transaction of $114,078.16. Following the completion of the transaction, the director now owns 29,882 shares in the company, valued at approximately $3,271,481.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Huron Consulting Group news, CEO C. Mark Hussey sold 4,000 shares of Huron Consulting Group stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $103.13, for a total transaction of $412,520.00. Following the transaction, the chief executive officer now owns 81,081 shares of the company’s stock, valued at approximately $8,361,883.53. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $109.48, for a total transaction of $114,078.16. Following the transaction, the director now directly owns 29,882 shares in the company, valued at approximately $3,271,481.36. The disclosure for this sale can be found here. In the last quarter, insiders sold 44,439 shares of company stock worth $4,512,214. Insiders own 2.02% of the company’s stock.

Huron Consulting Group Stock Performance

Shares of HURN opened at $109.38 on Tuesday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.93 and a quick ratio of 1.93. The stock has a 50-day moving average of $107.30 and a 200-day moving average of $98.42. The company has a market cap of $1.97 billion, a PE ratio of 31.52 and a beta of 0.61. Huron Consulting Group Inc. has a one year low of $84.26 and a one year high of $115.65.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, July 30th. The business services provider reported $1.68 EPS for the quarter, beating the consensus estimate of $1.48 by $0.20. The company had revenue of $371.70 million during the quarter, compared to the consensus estimate of $374.33 million. Huron Consulting Group had a return on equity of 20.44% and a net margin of 5.46%. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period last year, the business posted $1.38 EPS. On average, equities research analysts predict that Huron Consulting Group Inc. will post 5.95 EPS for the current fiscal year.

Analysts Set New Price Targets

HURN has been the subject of several research analyst reports. Barrington Research reissued an “outperform” rating and issued a $137.00 price objective on shares of Huron Consulting Group in a research report on Monday, September 9th. Benchmark reissued a “buy” rating and issued a $140.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, July 31st. Finally, StockNews.com raised Huron Consulting Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 3rd. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $131.75.

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.