Atria Investments Inc Has $414,000 Stock Position in Huron Consulting Group Inc. (NASDAQ:HURN)

Atria Investments Inc reduced its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 8.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,809 shares of the business services provider’s stock after selling 347 shares during the quarter. Atria Investments Inc’s holdings in Huron Consulting Group were worth $414,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Assetmark Inc. raised its stake in shares of Huron Consulting Group by 7.0% in the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock worth $149,000 after purchasing an additional 90 shares during the last quarter. Andina Capital Management LLC raised its stake in shares of Huron Consulting Group by 4.5% in the third quarter. Andina Capital Management LLC now owns 3,189 shares of the business services provider’s stock worth $347,000 after purchasing an additional 137 shares during the last quarter. ProShare Advisors LLC raised its stake in shares of Huron Consulting Group by 6.0% in the first 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. Creative Planning raised its stake in shares of Huron Consulting Group by 10.5% in the third quarter. Creative Planning now owns 2,588 shares of the business services provider’s stock worth $281,000 after purchasing an additional 246 shares during the last quarter. Finally, Covestor Ltd raised its stake in shares of Huron Consulting Group by 26,500.0% in the first 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. 93.90% of the stock is owned by institutional investors and hedge funds.

Huron Consulting Group Stock Up 1.2 %

HURN stock opened at $122.01 on Friday. Huron Consulting Group Inc. has a fifty-two week low of $84.26 and a fifty-two week high of $131.06. The business’s 50 day moving average price is $111.91 and its two-hundred day moving average price is $103.86. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 26.52 and a beta of 0.60.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings data on Tuesday, October 29th. The business services provider reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.11. The business had revenue of $370.00 million for the quarter, compared to analysts’ expectations of $377.63 million. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The firm’s quarterly revenue was up 3.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.39 EPS. As a group, analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Insider Buying and Selling at Huron Consulting Group

In other news, Director H Eugene Lockhart sold 1,042 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $108.27, for a total transaction of $112,817.34. Following the transaction, the director now directly owns 28,840 shares of the company’s stock, valued at approximately $3,122,506.80. This trade represents a 3.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director James H. Roth sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $128.42, for a total transaction of $256,840.00. Following the transaction, the director now directly owns 54,825 shares in the company, valued at approximately $7,040,626.50. This trade represents a 3.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,126 shares of company stock valued at $604,420 in the last 90 days. Insiders own 2.02% of the company’s stock.

Wall Street Analyst Weigh In

HURN has been the subject of several recent analyst reports. Barrington Research upped their target price on Huron Consulting Group from $137.00 to $142.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Benchmark reissued a “buy” rating and set a $140.00 price objective on shares of Huron Consulting Group in a report on Wednesday, October 30th. Finally, StockNews.com upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Huron Consulting Group presently has a consensus rating of “Buy” and a consensus target price of $133.00.

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.