Geode Capital Management LLC Sells 2,262 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Geode Capital Management LLC reduced its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 0.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 398,324 shares of the business services provider's stock after selling 2,262 shares during the quarter. Geode Capital Management LLC owned 2.25% of Huron Consulting Group worth $49,507,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in HURN. Jennison Associates LLC grew its position in shares of Huron Consulting Group by 4.8% during the 4th quarter. Jennison Associates LLC now owns 601,335 shares of the business services provider's stock valued at $74,722,000 after acquiring an additional 27,329 shares during the period. Wellington Management Group LLP raised its stake in Huron Consulting Group by 0.9% during the 4th quarter. Wellington Management Group LLP now owns 543,236 shares of the business services provider's stock worth $67,503,000 after acquiring an additional 4,946 shares during the period. Franklin Resources Inc. grew its position in shares of Huron Consulting Group by 16.4% during the fourth quarter. Franklin Resources Inc. now owns 460,650 shares of the business services provider's stock worth $57,240,000 after purchasing an additional 64,862 shares in the last quarter. State Street Corp lifted its holdings in Huron Consulting Group by 2.1% in the 3rd quarter. State Street Corp now owns 445,694 shares of the business services provider's stock worth $48,447,000 after purchasing an additional 8,972 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in shares of Huron Consulting Group by 4.7% in the third quarter. Principal Financial Group Inc. now owns 380,024 shares of the business services provider's stock worth $41,308,000 after buying an additional 17,146 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Wedbush lifted their price target on shares of Huron Consulting Group from $150.00 to $165.00 and gave the company an "outperform" rating in a report on Wednesday, March 26th. William Blair reiterated an "outperform" rating on shares of Huron Consulting Group in a research report on Wednesday, March 26th. Barrington Research restated an "outperform" rating and set a $167.00 price target on shares of Huron Consulting Group in a report on Thursday, March 27th. Benchmark reaffirmed a "buy" rating and set a $165.00 price objective on shares of Huron Consulting Group in a report on Wednesday, March 26th. Finally, Truist Financial boosted their price target 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. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $169.25.

Huron Consulting Group Trading Up 0.0 %

HURN traded up $0.01 during trading on Friday, reaching $141.50. The company had a trading volume of 260,828 shares, compared to its average volume of 142,916. 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 business has a 50 day simple moving average of $141.24 and a 200-day simple moving average of $127.65. The stock has a market cap of $2.54 billion, a P/E ratio of 30.76 and a beta of 0.37. Huron Consulting Group Inc. has a 52 week low of $84.26 and a 52 week high of $153.85.

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

Insider Transactions at Huron Consulting Group

In related news, Director H Eugene Lockhart sold 1,042 shares of the stock in a transaction that occurred on 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 of the company's stock, valued at $3,087,700.80. This represents a 4.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $142.67, for a total value of $71,335.00. Following the sale, the director now directly owns 52,121 shares of the company's stock, valued at approximately $7,436,103.07. This trade represents a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 78,781 shares of company stock worth $11,484,452. 2.02% of the stock is currently owned by insiders.

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.