Huron Consulting Group Inc. (NASDAQ:HURN) Shares Sold by Boston Partners

Boston Partners trimmed its position in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 0.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 840,426 shares of the business services provider's stock after selling 2,787 shares during the period. Boston Partners owned about 4.74% of Huron Consulting Group worth $104,541,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HURN. Heck Capital Advisors LLC acquired a new position in shares of Huron Consulting Group during the 4th quarter valued at about $33,000. Cibc World Markets Corp acquired a new position in shares of Huron Consulting Group during the 4th quarter valued at about $204,000. Aigen Investment Management LP acquired a new position in shares of Huron Consulting Group during the 4th quarter valued at about $211,000. Avantax Advisory Services Inc. acquired a new position in shares of Huron Consulting Group during the 4th quarter valued at about $213,000. Finally, MML Investors Services LLC acquired a new position in shares of Huron Consulting Group during the 3rd quarter valued at about $220,000. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

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Huron Consulting Group Stock Down 5.2 %

NASDAQ HURN traded down $7.68 on Friday, reaching $140.87. The company had a trading volume of 511,435 shares, compared to its average volume of 123,292. The firm has a market capitalization of $2.49 billion, a PE ratio of 30.62 and a beta of 0.53. Huron Consulting Group Inc. has a 1 year low of $84.26 and a 1 year high of $153.85. The firm has a 50-day moving average of $134.50 and a 200-day moving average of $122.42. 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 released its quarterly earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share for the quarter, topping analysts' consensus estimates of $1.52 by $0.38. The firm had revenue of $399.31 million during the quarter, compared to analysts' expectations of $380.62 million. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. On average, equities research analysts anticipate that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Insider Transactions at Huron Consulting Group

In other news, Director John Mccartney sold 500 shares of the firm's stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $124.65, for a total transaction of $62,325.00. Following the completion of the sale, the director now owns 56,688 shares of the company's stock, valued at approximately $7,066,159.20. This trade represents a 0.87 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 directly owns 81,118 shares of the company's stock, valued at $11,835,927.38. The trade was a 25.44 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 72,140 shares of company stock valued at $10,492,517. 2.02% of the stock is currently 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.