Asset Management One Co. Ltd. Cuts Stock Holdings in Huron Consulting Group Inc. (NASDAQ:HURN)

Asset Management One Co. Ltd. lessened its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 4.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 55,931 shares of the business services provider's stock after selling 2,328 shares during the period. Asset Management One Co. Ltd. owned about 0.32% of Huron Consulting Group worth $6,877,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Creative Planning raised its stake in Huron Consulting Group by 10.5% in the 3rd quarter. Creative Planning now owns 2,588 shares of the business services provider's stock valued at $281,000 after acquiring an additional 246 shares during the period. Bleakley Financial Group LLC raised its position in shares of Huron Consulting Group by 42.6% in the third quarter. Bleakley Financial Group LLC now owns 8,452 shares of the business services provider's stock valued at $919,000 after purchasing an additional 2,524 shares during the period. Assenagon Asset Management S.A. lifted its stake in shares of Huron Consulting Group by 5.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 143,714 shares of the business services provider's stock worth $15,622,000 after buying an additional 7,407 shares during the last quarter. Andina Capital Management LLC boosted its holdings in shares of Huron Consulting Group by 4.5% during the 3rd quarter. Andina Capital Management LLC now owns 3,189 shares of the business services provider's stock worth $347,000 after buying an additional 137 shares during the period. Finally, Principal Financial Group Inc. grew its stake in Huron Consulting Group by 4.7% in the 3rd quarter. Principal Financial Group Inc. now owns 380,024 shares of the business services provider's stock valued at $41,308,000 after buying an additional 17,146 shares during the last quarter. 93.90% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Huron Consulting Group

In related news, Director H Eugene Lockhart sold 1,042 shares of the company's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $122.81, for a total transaction of $127,968.02. Following the transaction, the director now directly owns 26,756 shares of the company's stock, valued at approximately $3,285,904.36. This represents a 3.75 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James H. Roth sold 2,000 shares of the company's stock in a transaction that occurred on 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 directly 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 disclosure for this sale can be found here. Insiders have sold 8,584 shares of company stock worth $1,067,539 over the last ninety days. Insiders own 2.02% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have commented on HURN. Benchmark reaffirmed a "buy" rating and issued a $140.00 price objective on shares of Huron Consulting Group in a report on Wednesday, October 30th. Barrington Research raised their price target on shares of Huron Consulting Group from $137.00 to $142.00 and gave the stock an "outperform" rating in a research report on Monday, November 4th. Wedbush started coverage on shares of Huron Consulting Group in a research report on Monday, February 3rd. They set an "outperform" rating on the stock. Finally, StockNews.com raised shares of Huron Consulting Group from a "hold" rating to a "buy" rating in a report on Thursday, October 31st. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $133.00.

Huron Consulting Group Price Performance

Shares of HURN traded down $5.14 during mid-day trading on Friday, reaching $123.74. The company had a trading volume of 187,490 shares, compared to its average volume of 99,570. The company's 50 day simple moving average is $125.58 and its 200 day simple moving average is $116.86. The company has a market capitalization of $2.20 billion, a price-to-earnings ratio of 26.90 and a beta of 0.59. Huron Consulting Group Inc. has a 1-year low of $84.26 and a 1-year high of $133.96. 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 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.