Barclays PLC Sells 4,613 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Barclays PLC lowered its position in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 11.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,156 shares of the business services provider's stock after selling 4,613 shares during the quarter. Barclays PLC owned 0.19% of Huron Consulting Group worth $3,713,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC acquired a new position in shares of Huron Consulting Group during the second quarter worth $28,000. Assetmark Inc. lifted its holdings in Huron Consulting Group by 7.0% during the 3rd quarter. Assetmark Inc. now owns 1,373 shares of the business services provider's stock worth $149,000 after buying an additional 90 shares during the period. MML Investors Services LLC bought a new stake in shares of Huron Consulting Group in the 3rd quarter valued at about $220,000. Orion Portfolio Solutions LLC bought a new position in shares of Huron Consulting Group during the third quarter worth about $264,000. Finally, Creative Planning lifted its stake in shares of Huron Consulting Group by 10.5% in the third quarter. Creative Planning now owns 2,588 shares of the business services provider's stock worth $281,000 after acquiring an additional 246 shares during the period. 93.90% of the stock is currently owned by institutional investors and hedge funds.

Huron Consulting Group Trading Down 1.1 %

Shares of NASDAQ:HURN traded down $1.40 during mid-day trading on Monday, hitting $120.55. The company had a trading volume of 67,443 shares, compared to its average volume of 119,779. The company has a market capitalization of $2.14 billion, a PE ratio of 26.21 and a beta of 0.60. Huron Consulting Group Inc. has a one year low of $84.26 and a one year high of $131.06. The firm has a fifty day moving average price of $118.65 and a 200 day moving average price of $109.41. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last posted 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. The firm had revenue of $370.00 million during the quarter, compared to the consensus estimate of $377.63 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The business's revenue was up 3.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.39 earnings per share. As a group, research analysts forecast that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Insiders Place Their Bets

In other Huron Consulting Group news, Director H Eugene Lockhart sold 1,042 shares of the company's stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $108.27, for a total transaction of $112,817.34. Following the transaction, the director now owns 28,840 shares in the company, valued at approximately $3,122,506.80. This represents a 3.49 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director James H. Roth sold 2,000 shares of the company's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $128.42, for a total transaction of $256,840.00. Following the completion of the sale, the director now owns 54,825 shares in the company, valued at $7,040,626.50. This represents a 3.52 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,126 shares of company stock worth $865,710. Corporate insiders own 2.02% of the company's stock.

Wall Street Analyst Weigh In

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

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.