3,005 Shares in Huron Consulting Group Inc. (NASDAQ:HURN) Acquired by Aristides Capital LLC

Aristides Capital LLC bought a new position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,005 shares of the business services provider’s stock, valued at approximately $296,000.

Several other institutional investors and hedge funds also recently made changes to their positions in HURN. Wakefield Asset Management LLLP acquired a new stake in Huron Consulting Group in the 1st quarter valued at about $921,000. Simplicity Wealth LLC bought a new stake in Huron Consulting Group during the 2nd quarter worth $584,000. Norges Bank bought a new stake in Huron Consulting Group during the 4th quarter worth $14,460,000. Vanguard Group Inc. grew its position in shares of Huron Consulting Group by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 2,073,879 shares of the business services provider’s stock valued at $200,378,000 after buying an additional 25,905 shares during the last quarter. Finally, CenterBook Partners LP grew its position in shares of Huron Consulting Group by 15.9% in the 4th quarter. CenterBook Partners LP now owns 10,805 shares of the business services provider’s stock valued at $1,111,000 after buying an additional 1,485 shares during the last quarter. Institutional investors and hedge funds own 93.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on HURN shares. StockNews.com raised Huron Consulting Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 3rd. Benchmark reissued a “buy” rating and issued a $140.00 price objective on shares of Huron Consulting Group in a research note on Wednesday, July 31st. Finally, Barrington Research reaffirmed an “outperform” rating and set a $137.00 price target on shares of Huron Consulting Group in a research report on Monday, September 9th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $131.75.

Huron Consulting Group Trading Up 0.6 %

NASDAQ HURN opened at $108.70 on Tuesday. The stock’s 50-day simple moving average is $107.33 and its two-hundred day simple moving average is $98.79. Huron Consulting Group Inc. has a twelve month low of $84.26 and a twelve month high of $115.65. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $1.96 billion, a price-to-earnings ratio of 31.33 and a beta of 0.61.

Huron Consulting Group (NASDAQ:HURN) last posted its earnings results on Tuesday, July 30th. The business services provider reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.20. The company had revenue of $371.70 million for the quarter, compared to analysts’ expectations of $374.33 million. Huron Consulting Group had a return on equity of 20.44% and a net margin of 5.46%. Huron Consulting Group’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the firm earned $1.38 earnings per share. Research analysts forecast that Huron Consulting Group Inc. will post 5.95 EPS for the current fiscal year.

Insider Transactions at Huron Consulting Group

In related news, CEO C. Mark Hussey sold 34,013 shares of the business’s stock in a transaction that occurred on Friday, July 12th. The shares were sold at an average price of $100.69, for a total value of $3,424,768.97. Following the completion of the transaction, the chief executive officer now directly owns 85,081 shares in the company, valued at approximately $8,566,805.89. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Huron Consulting Group news, CEO C. Mark Hussey sold 34,013 shares of the company’s stock in a transaction dated Friday, July 12th. The stock was sold at an average price of $100.69, for a total value of $3,424,768.97. Following the completion of the sale, the chief executive officer now owns 85,081 shares in the company, valued at $8,566,805.89. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director H Eugene Lockhart sold 1,042 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $109.48, for a total value of $114,078.16. Following the completion of the sale, the director now owns 29,882 shares of the company’s stock, valued at approximately $3,271,481.36. The disclosure for this sale can be found here. Insiders have sold a total of 44,139 shares of company stock valued at $4,482,466 in the last ninety days. 2.02% of the stock is currently owned by corporate insiders.

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.