American Century Companies Inc. Has $18.49 Million Stake in Huron Consulting Group Inc. (NASDAQ:HURN)

American Century Companies Inc. lifted its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 2.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 148,781 shares of the business services provider's stock after acquiring an additional 4,041 shares during the period. American Century Companies Inc. owned 0.84% of Huron Consulting Group worth $18,488,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Heck Capital Advisors LLC acquired a new position in Huron Consulting Group during the 4th quarter worth $33,000. Cibc World Markets Corp acquired a new stake in Huron Consulting Group in the fourth quarter worth about $204,000. Xponance Inc. bought a new position in Huron Consulting Group in the 4th quarter valued at about $204,000. Aigen Investment Management LP acquired a new position in Huron Consulting Group during the 4th quarter valued at about $211,000. Finally, Avantax Advisory Services Inc. bought a new stake in shares of Huron Consulting Group during the 4th quarter worth about $213,000. Institutional investors and hedge funds own 93.90% of the company's stock.

Huron Consulting Group Trading Down 6.6 %

Shares of Huron Consulting Group stock traded down $9.75 on Friday, reaching $137.76. 377,341 shares of the company were exchanged, compared to its average volume of 136,519. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82. Huron Consulting Group Inc. has a fifty-two week low of $84.26 and a fifty-two week high of $153.85. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 29.95 and a beta of 0.37. The stock has a fifty day moving average price of $137.92 and a 200-day moving average price of $125.04.

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Huron Consulting Group (NASDAQ:HURN - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The business services provider reported $1.90 EPS for the quarter, beating analysts' consensus estimates of $1.52 by $0.38. The company had revenue of $399.31 million during the quarter, compared to analyst estimates of $380.62 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. On average, analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Insiders Place Their Bets

In other news, Director H Eugene Lockhart sold 1,042 shares of the company's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $125.15, for a total value of $130,406.30. Following the transaction, the director now owns 24,672 shares in the company, valued at $3,087,700.80. This represents a 4.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO C. Mark Hussey sold 27,672 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $145.91, for a total transaction of $4,037,621.52. Following the sale, the chief executive officer now owns 81,118 shares of the company's stock, valued at approximately $11,835,927.38. This represents a 25.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 80,781 shares of company stock worth $11,731,832. Corporate insiders own 2.02% of the company's stock.

Wall Street Analysts Forecast Growth

HURN has been the topic of several recent analyst reports. William Blair reissued an "outperform" rating on shares of Huron Consulting Group in a report on Wednesday, March 26th. Benchmark reissued a "buy" rating and issued a $165.00 price objective on shares of Huron Consulting Group in a research note on Wednesday, March 26th. Truist Financial upped their price objective on Huron Consulting Group from $165.00 to $180.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. Barrington Research reiterated an "outperform" rating and issued a $167.00 price target on shares of Huron Consulting Group in a research report on Thursday, March 27th. Finally, Wedbush raised their price objective on shares of Huron Consulting Group from $150.00 to $165.00 and gave the company an "outperform" rating in a research report on Wednesday, March 26th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $169.25.

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.