EntryPoint Capital LLC Makes New $662,000 Investment in Huron Consulting Group Inc. (NASDAQ:HURN)

EntryPoint Capital LLC bought a new stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 5,324 shares of the business services provider’s stock, valued at approximately $662,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of HURN. Heck Capital Advisors LLC bought a new position in Huron Consulting Group in the 4th quarter valued at $33,000. Xponance Inc. bought a new stake in Huron Consulting Group during the 4th quarter valued at about $204,000. Cibc World Markets Corp purchased a new stake in Huron Consulting Group in the 4th quarter valued at about $204,000. Aigen Investment Management LP bought a new position in Huron Consulting Group in the 4th quarter worth about $211,000. Finally, Avantax Advisory Services Inc. purchased a new position in shares of Huron Consulting Group during the fourth quarter worth approximately $213,000. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Huron Consulting Group

In related news, Director John Mccartney sold 500 shares of the stock in a transaction that occurred on 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 directly owns 56,688 shares of the company’s stock, valued at $7,066,159.20. This trade represents a 0.87 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director H Eugene Lockhart sold 12,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $150.00, for a total transaction of $1,875,000.00. Following the sale, the director now directly owns 12,172 shares in the company, valued at approximately $1,825,800. This represents a 50.66 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 72,140 shares of company stock worth $10,492,517. 2.02% of the stock is owned by insiders.

Huron Consulting Group Trading Up 1.4 %

NASDAQ HURN opened at $142.87 on Tuesday. Huron Consulting Group Inc. has a 52 week low of $84.26 and a 52 week high of $153.85. The company has a 50 day moving average price of $134.87 and a 200 day moving average price of $122.77. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82. The firm has a market cap of $2.53 billion, a PE ratio of 31.06 and a beta of 0.53.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings data on Tuesday, February 25th. The business services provider reported $1.90 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $399.31 million during the quarter, compared to analyst estimates of $380.62 million. As a group, sell-side analysts forecast that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Analysts Set New Price Targets

HURN has been the subject of a number of research reports. William Blair reiterated an “outperform” rating on shares of Huron Consulting Group in a report on Monday, March 10th. Barrington Research increased their target price on shares of Huron Consulting Group from $142.00 to $167.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. Wedbush assumed coverage on shares of Huron Consulting Group in a report on Monday, February 3rd. They issued an “outperform” rating for the company. Benchmark upped their price target on shares of Huron Consulting Group from $140.00 to $165.00 and gave the stock a “buy” rating in a research report on Wednesday, February 26th. Finally, Truist Financial lifted 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 analysts have rated the stock with a buy rating, Based on data from MarketBeat, Huron Consulting Group presently has an average rating of “Buy” and an average target price of $155.50.

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.