Huron Consulting Group Inc. (NASDAQ:HURN) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. decreased its stake in Huron Consulting Group Inc. (NASDAQ:HURN) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,920,844 shares of the business services provider’s stock after selling 12,498 shares during the quarter. Vanguard Group Inc. owned approximately 10.83% of Huron Consulting Group worth $238,684,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Heck Capital Advisors LLC purchased a new stake in shares of Huron Consulting Group during the fourth quarter worth approximately $33,000. Xponance Inc. purchased a new stake in shares of Huron Consulting Group during the fourth quarter worth $204,000. Cibc World Markets Corp purchased a new position in shares of Huron Consulting Group in the fourth quarter worth about $204,000. Aigen Investment Management LP acquired a new position in Huron Consulting Group during the fourth quarter worth about $211,000. Finally, Avantax Advisory Services Inc. acquired a new position in Huron Consulting Group during the fourth quarter worth about $213,000. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Analyst Upgrades and Downgrades

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

Huron Consulting Group Price Performance

NASDAQ:HURN opened at $137.76 on Friday. Huron Consulting Group Inc. has a 52 week low of $84.26 and a 52 week high of $153.85. The stock’s fifty day moving average is $137.92 and its two-hundred day moving average is $125.04. The company has a market capitalization of $2.47 billion, a P/E ratio of 29.95 and a beta of 0.37. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82.

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

Insider Transactions at Huron Consulting Group

In other news, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of $123.69, for a total value of $247,380.00. Following the completion of the sale, the director now directly owns 50,534 shares of the company’s stock, valued at approximately $6,250,550.46. The trade was a 3.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO C. Mark Hussey sold 27,672 shares of the stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $145.91, for a total value of $4,037,621.52. Following the transaction, the chief executive officer now directly owns 81,118 shares in the company, valued at approximately $11,835,927.38. The trade was a 25.44 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 80,781 shares of company stock worth $11,731,832. 2.02% of the stock is currently owned by insiders.

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.