Geode Capital Management LLC Sells 14,095 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Geode Capital Management LLC decreased its position in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 3.4% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 400,586 shares of the business services provider's stock after selling 14,095 shares during the period. Geode Capital Management LLC owned about 2.26% of Huron Consulting Group worth $43,552,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Quest Partners LLC boosted its position in Huron Consulting Group by 131.9% during the third quarter. Quest Partners LLC now owns 13,814 shares of the business services provider's stock valued at $1,502,000 after purchasing an additional 7,858 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Huron Consulting Group by 29.1% during the 3rd quarter. Wellington Management Group LLP now owns 538,290 shares of the business services provider's stock worth $58,512,000 after purchasing an additional 121,371 shares during the last quarter. Victory Capital Management Inc. raised its stake in shares of Huron Consulting Group by 435.2% during the 2nd quarter. Victory Capital Management Inc. now owns 64,674 shares of the business services provider's stock worth $6,370,000 after purchasing an additional 52,589 shares in the last quarter. Natixis Advisors LLC boosted its holdings in shares of Huron Consulting Group by 32.7% in the 3rd quarter. Natixis Advisors LLC now owns 18,571 shares of the business services provider's stock valued at $2,019,000 after buying an additional 4,576 shares during the last quarter. Finally, Atom Investors LP bought a new position in shares of Huron Consulting Group in the third quarter valued at $1,159,000. Institutional investors and hedge funds own 93.90% of the company's stock.

Analyst Ratings Changes

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

Insider Buying and Selling

In related news, Director H Eugene Lockhart sold 1,042 shares of the stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $115.82, for a total transaction of $120,684.44. Following the sale, the director now owns 27,798 shares of the company's stock, valued at $3,219,564.36. This represents a 3.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director James H. Roth sold 2,000 shares of the firm's stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $128.42, for a total value of $256,840.00. Following the transaction, the director now owns 54,825 shares in the company, valued at approximately $7,040,626.50. This trade represents a 3.52 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 7,126 shares of company stock valued at $865,710. Insiders own 2.02% of the company's stock.

Huron Consulting Group Stock Performance

Shares of NASDAQ:HURN traded up $1.69 on Tuesday, hitting $122.24. The company had a trading volume of 22,145 shares, compared to its average volume of 119,385. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 26.57 and a beta of 0.60. The stock has a 50 day moving average price of $119.20 and a 200 day moving average price of $109.76. Huron Consulting Group Inc. has a 1-year low of $84.26 and a 1-year high of $131.06. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The business services provider reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.57 by $0.11. The business had revenue of $370.00 million for the quarter, compared to analyst estimates of $377.63 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. Huron Consulting Group's quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.39 EPS. Analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

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.