Semanteon Capital Management LP Acquires New Position in Huron Consulting Group Inc. (NASDAQ:HURN)

Semanteon Capital Management LP bought a new stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,897 shares of the business services provider's stock, valued at approximately $857,000.

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

Insider Buying and Selling

In other news, Director John Mccartney sold 500 shares of the firm'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 sale, the director now directly owns 56,688 shares in the company, valued at approximately $7,066,159.20. This trade represents a 0.87 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James H. Roth sold 8,642 shares of the company's stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $149.27, for a total value of $1,289,991.34. Following the transaction, the director now directly owns 56,279 shares in the company, valued at approximately $8,400,766.33. The trade was a 13.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 72,140 shares of company stock valued at $10,492,517 in the last 90 days. Company insiders own 2.02% of the company's stock.

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Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Benchmark raised their target price on shares of Huron Consulting Group from $140.00 to $165.00 and gave the company a "buy" rating in a report on Wednesday, February 26th. Truist Financial lifted their price objective on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a "buy" rating in a research note on Tuesday, March 4th. William Blair restated an "outperform" rating on shares of Huron Consulting Group in a research report on Monday, March 10th. Wedbush started coverage on Huron Consulting Group in a research report on Monday, February 3rd. They issued an "outperform" rating for the company. Finally, Barrington Research boosted their price objective on Huron Consulting Group from $142.00 to $167.00 and gave the stock an "outperform" rating in a research note on Thursday, February 27th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Huron Consulting Group has an average rating of "Buy" and an average target price of $155.50.

Huron Consulting Group Trading Up 1.5 %

Shares of Huron Consulting Group stock traded up $2.13 during trading on Tuesday, hitting $145.00. The stock had a trading volume of 265,501 shares, compared to its average volume of 123,883. Huron Consulting Group Inc. has a 12 month low of $84.26 and a 12 month high of $153.85. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. The firm's fifty day simple moving average is $134.87 and its 200-day simple moving average is $122.77. The stock has a market cap of $2.56 billion, a PE ratio of 31.52 and a beta of 0.53.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.38. The business had revenue of $399.31 million during the quarter, compared to analyst estimates of $380.62 million. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. As a group, sell-side analysts expect 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.