Boston Partners Reduces Stock Holdings in Huron Consulting Group Inc. (NASDAQ:HURN)

Boston Partners reduced its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 0.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 840,426 shares of the business services provider’s stock after selling 2,787 shares during the quarter. Boston Partners owned 4.74% of Huron Consulting Group worth $104,541,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Heck Capital Advisors LLC purchased a new stake in shares of Huron Consulting Group during the 4th quarter valued at about $33,000. Cibc World Markets Corp purchased a new stake in shares of Huron Consulting Group during the 4th quarter valued at about $204,000. Aigen Investment Management LP purchased a new stake in shares of Huron Consulting Group during the 4th quarter valued at about $211,000. Avantax Advisory Services Inc. purchased a new stake in shares of Huron Consulting Group during the 4th quarter valued at about $213,000. Finally, MML Investors Services LLC purchased a new stake in shares of Huron Consulting Group during the 3rd quarter valued at about $220,000. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Benchmark lifted their price objective on 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 Huron Consulting Group in a report on Monday, February 3rd. They set an “outperform” rating on the stock. Truist Financial lifted their price objective on Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Barrington Research lifted their price objective on Huron Consulting Group from $142.00 to $167.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. Finally, William Blair restated an “outperform” rating on shares of Huron Consulting Group in a report on Monday, March 10th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $155.50.

Insider Transactions at Huron Consulting Group

In other Huron Consulting Group news, Director James H. Roth sold 2,000 shares of the business’s stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $123.69, for a total value of $247,380.00. Following the transaction, the director now owns 50,534 shares in the company, valued at $6,250,550.46. The trade was a 3.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John Mccartney sold 500 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $124.65, for a total value of $62,325.00. Following the completion of the transaction, the director now owns 56,688 shares in the company, valued at $7,066,159.20. This trade represents a 0.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 63,498 shares of company stock valued at $9,202,526 over the last three months. Company insiders own 2.02% of the company’s stock.

Huron Consulting Group Stock Down 0.3 %

HURN opened at $148.39 on Wednesday. Huron Consulting Group Inc. has a one year low of $84.26 and a one year 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. The stock’s fifty day moving average is $133.23 and its 200-day moving average is $121.74. The company has a market capitalization of $2.62 billion, a PE ratio of 32.26 and a beta of 0.53.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data 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. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The company had revenue of $399.31 million for the quarter, compared to the consensus estimate of $380.62 million. On average, equities analysts predict that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

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.