Congress Asset Management Co. Increases Stock Holdings in Huron Consulting Group Inc. (NASDAQ:HURN)

Congress Asset Management Co. lifted its position in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 9.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,095 shares of the business services provider's stock after acquiring an additional 6,521 shares during the quarter. Congress Asset Management Co. owned 0.45% of Huron Consulting Group worth $9,828,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Dakota Wealth Management raised its holdings in shares of Huron Consulting Group by 4.0% in the fourth quarter. Dakota Wealth Management now owns 2,250 shares of the business services provider's stock valued at $280,000 after acquiring an additional 87 shares in the last quarter. Assetmark Inc. raised its holdings in Huron Consulting Group by 7.0% in the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider's stock worth $149,000 after purchasing an additional 90 shares in the last quarter. Andina Capital Management LLC raised its holdings in Huron Consulting Group by 3.4% in the fourth quarter. Andina Capital Management LLC now owns 3,296 shares of the business services provider's stock worth $410,000 after purchasing an additional 107 shares in the last quarter. Martingale Asset Management L P raised its holdings in Huron Consulting Group by 0.5% in the third quarter. Martingale Asset Management L P now owns 20,479 shares of the business services provider's stock worth $2,226,000 after purchasing an additional 110 shares in the last quarter. Finally, Creative Planning raised its holdings in 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 purchasing an additional 246 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Benchmark reiterated a "buy" rating and issued a $140.00 target price on shares of Huron Consulting Group in a report on Wednesday, October 30th. Barrington Research boosted their target price on shares of Huron Consulting Group from $137.00 to $142.00 and gave the stock an "outperform" rating in a report on Monday, November 4th. Wedbush assumed coverage on shares of Huron Consulting Group in a report on Monday, February 3rd. They issued an "outperform" rating for the company. Finally, StockNews.com upgraded shares of Huron Consulting Group from a "hold" rating to a "buy" rating in a report on Thursday, October 31st. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $133.00.

Insider Activity

In related news, Director James H. Roth sold 2,000 shares of the company's stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $123.70, for a total value of $247,400.00. Following the sale, the director now owns 52,825 shares in the company, valued at $6,534,452.50. This represents a 3.65 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director H Eugene Lockhart sold 1,042 shares of the company's stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $122.81, for a total value of $127,968.02. Following the completion of the sale, the director now owns 26,756 shares in the company, valued at approximately $3,285,904.36. This represents a 3.75 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,584 shares of company stock worth $1,067,539 over the last 90 days. 2.20% of the stock is currently owned by corporate insiders.

Huron Consulting Group Stock Up 1.1 %

Shares of HURN traded up $1.44 during mid-day trading on Wednesday, hitting $131.22. 104,725 shares of the company traded hands, compared to its average volume of 97,345. Huron Consulting Group Inc. has a 1-year low of $84.26 and a 1-year high of $133.96. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $2.33 billion, a PE ratio of 28.53 and a beta of 0.59. The business has a 50 day moving average of $125.38 and a 200 day moving average of $116.64.

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.