8,089 Shares in Huron Consulting Group Inc. (NASDAQ:HURN) Acquired by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd bought a new stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 8,089 shares of the business services provider’s stock, valued at approximately $879,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Ashton Thomas Private Wealth LLC bought a new stake in shares of Huron Consulting Group during the 2nd quarter worth $28,000. Assetmark Inc. raised its position in Huron Consulting Group by 7.0% during the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock valued at $149,000 after purchasing an additional 90 shares in the last quarter. Dakota Wealth Management bought a new stake in Huron Consulting Group during the second quarter worth about $219,000. Creative Planning boosted its holdings in shares of Huron Consulting Group by 10.5% in the 3rd quarter. Creative Planning now owns 2,588 shares of the business services provider’s stock worth $281,000 after purchasing an additional 246 shares in the last quarter. Finally, Aristides Capital LLC bought a new position in shares of Huron Consulting Group during the 2nd quarter valued at about $296,000. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Benchmark reaffirmed a “buy” rating and issued a $140.00 target price on shares of Huron Consulting Group in a research note on Wednesday, October 30th. Barrington Research upped their price objective on shares of Huron Consulting Group from $137.00 to $142.00 and gave the company an “outperform” rating in a research note on Monday, November 4th. Finally, StockNews.com upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Huron Consulting Group has an average rating of “Buy” and an average price target of $133.00.

Huron Consulting Group Stock Performance

NASDAQ:HURN opened at $123.70 on Thursday. 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 Inc. has a fifty-two week low of $84.26 and a fifty-two week high of $131.06. The firm has a market cap of $2.19 billion, a PE ratio of 26.89 and a beta of 0.60. The business has a 50 day moving average price of $113.28 and a 200-day moving average price of $105.02.

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

Insider Activity at Huron Consulting Group

In other news, Director H Eugene Lockhart sold 1,042 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $108.27, for a total value of $112,817.34. Following the completion of the sale, 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $128.42, for a total transaction of $256,840.00. Following the sale, the director now directly owns 54,825 shares in the company, valued at $7,040,626.50. The trade was a 3.52 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 5,126 shares of company stock worth $604,420 over the last quarter. 2.20% of the stock is owned by corporate insiders.

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.