Charles Schwab Investment Management Inc. Purchases 3,783 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Charles Schwab Investment Management Inc. boosted its position in Huron Consulting Group Inc. (NASDAQ:HURN) by 1.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 205,376 shares of the business services provider’s stock after purchasing an additional 3,783 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.16% of Huron Consulting Group worth $25,520,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in HURN. Heck Capital Advisors LLC bought a new stake in shares of Huron Consulting Group during the fourth quarter valued at approximately $33,000. MML Investors Services LLC purchased a new position in Huron Consulting Group during the third quarter valued at approximately $220,000. Peapack Gladstone Financial Corp purchased a new position in Huron Consulting Group during the third quarter valued at approximately $220,000. Orion Portfolio Solutions LLC purchased a new position in Huron Consulting Group during the third quarter valued at approximately $264,000. Finally, Dakota Wealth Management increased its holdings in Huron Consulting Group by 4.0% during the fourth quarter. Dakota Wealth Management now owns 2,250 shares of the business services provider’s stock valued at $280,000 after buying an additional 87 shares during the period. Institutional investors own 93.90% of the company’s stock.

Insider Transactions at Huron Consulting Group

In other news, CEO C. Mark Hussey sold 27,672 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $145.91, for a total value of $4,037,621.52. Following the completion of the sale, the chief executive officer now owns 81,118 shares of the company’s stock, valued at $11,835,927.38. This represents a 25.44 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director James H. Roth sold 8,642 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $143.93, for a total transaction of $1,243,843.06. Following the completion of the sale, the director now directly owns 64,921 shares of the company’s stock, valued at approximately $9,344,079.53. This trade represents a 11.75 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 63,498 shares of company stock valued at $9,202,526 over the last 90 days. Corporate insiders own 2.02% of the company’s stock.

Huron Consulting Group Trading Down 0.3 %

Shares of Huron Consulting Group stock opened at $148.39 on Wednesday. The firm has a 50-day simple moving average of $133.23 and a two-hundred day simple moving average of $121.74. The company has a market cap of $2.62 billion, a P/E ratio of 32.26 and a beta of 0.53. Huron Consulting Group Inc. has a fifty-two week low of $84.26 and a fifty-two week high of $153.85. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61.

Huron Consulting Group (NASDAQ:HURN) last released its earnings results on Tuesday, February 25th. The business services provider reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.38. The business had revenue of $399.31 million during the quarter, compared to analysts’ expectations of $380.62 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. As a group, equities analysts predict that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HURN. Barrington Research lifted their price objective on shares of Huron Consulting Group from $142.00 to $167.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. Benchmark lifted their price target on shares of Huron Consulting Group from $140.00 to $165.00 and gave the stock a “buy” rating in a report on Wednesday, February 26th. Wedbush assumed coverage on shares of Huron Consulting Group in a report on Monday, February 3rd. They set an “outperform” rating on the stock. William Blair reissued an “outperform” rating on shares of Huron Consulting Group in a report on Monday, March 10th. Finally, Truist Financial boosted 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 investment analysts have rated the stock with a buy rating, According to MarketBeat, Huron Consulting Group currently has a consensus rating of “Buy” and an average price target of $155.50.

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.