ExodusPoint Capital Management LP Purchases 2,160 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

ExodusPoint Capital Management LP boosted its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 20.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,512 shares of the business services provider's stock after buying an additional 2,160 shares during the period. ExodusPoint Capital Management LP owned approximately 0.07% of Huron Consulting Group worth $1,555,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wellington Management Group LLP boosted its holdings in shares of Huron Consulting Group by 29.1% in 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 in the last quarter. TI Trust Inc. bought a new stake in Huron Consulting Group in the 4th quarter worth approximately $12,197,000. Franklin Resources Inc. boosted its stake in Huron Consulting Group by 20.5% in the third quarter. Franklin Resources Inc. now owns 395,788 shares of the business services provider's stock worth $42,306,000 after buying an additional 67,239 shares in the last quarter. Norges Bank bought a new position in Huron Consulting Group during the fourth quarter valued at approximately $7,427,000. Finally, Jennison Associates LLC raised its stake in shares of Huron Consulting Group by 4.8% during the fourth quarter. Jennison Associates LLC now owns 601,335 shares of the business services provider's stock worth $74,722,000 after acquiring an additional 27,329 shares in the last quarter. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Huron Consulting Group

In other news, Director John Mccartney sold 500 shares of the business's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $151.13, for a total transaction of $75,565.00. Following the sale, the director now owns 55,688 shares in the company, valued at approximately $8,416,127.44. The trade was a 0.89 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director H Eugene Lockhart sold 1,042 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $125.15, for a total transaction of $130,406.30. Following the completion of the transaction, the director now owns 24,672 shares of the company's stock, valued at approximately $3,087,700.80. The trade was a 4.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 78,781 shares of company stock worth $11,484,452 over the last ninety days. 2.02% of the stock is owned by corporate insiders.

Huron Consulting Group Trading Down 0.4 %

Shares of HURN stock traded down $0.62 during trading hours on Tuesday, reaching $142.58. The company's stock had a trading volume of 28,889 shares, compared to its average volume of 141,199. 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 Inc. has a one year low of $84.26 and a one year high of $153.85. The stock has a market capitalization of $2.56 billion, a P/E ratio of 31.05 and a beta of 0.37. The firm's fifty day simple moving average is $140.01 and its 200 day simple moving average is $126.83.

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

Wall Street Analyst Weigh In

Several research firms recently commented on HURN. Truist Financial increased their target price on shares of Huron Consulting Group from $165.00 to $180.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. Benchmark reiterated a "buy" rating and issued a $165.00 price objective on shares of Huron Consulting Group in a report on Wednesday, March 26th. Barrington Research restated an "outperform" rating and set a $167.00 target price on shares of Huron Consulting Group in a report on Thursday, March 27th. Wedbush boosted their price objective on Huron Consulting Group from $150.00 to $165.00 and gave the company an "outperform" rating in a research report on Wednesday, March 26th. Finally, William Blair reaffirmed an "outperform" rating on shares of Huron Consulting Group in a research note on Wednesday, March 26th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $169.25.

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.