CenterBook Partners LP Sells 36,767 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

CenterBook Partners LP decreased its position in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 46.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,957 shares of the business services provider's stock after selling 36,767 shares during the period. CenterBook Partners LP owned about 0.24% of Huron Consulting Group worth $5,338,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Heck Capital Advisors LLC bought a new stake in shares of Huron Consulting Group in the fourth quarter valued at approximately $33,000. Xponance Inc. purchased a new stake in shares of Huron Consulting Group in the 4th quarter valued at about $204,000. Cibc World Markets Corp bought a new stake in Huron Consulting Group during the fourth quarter valued at approximately $204,000. Aigen Investment Management LP purchased a new position in Huron Consulting Group in the fourth quarter worth $211,000. Finally, Avantax Advisory Services Inc. bought a new position in shares of Huron Consulting Group during the 4th quarter valued at about $213,000. 93.90% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, CEO C. Mark Hussey sold 27,672 shares of Huron Consulting Group stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $145.91, for a total value of $4,037,621.52. Following the completion of the sale, the chief executive officer now owns 81,118 shares of the company's stock, valued at approximately $11,835,927.38. This trade represents a 25.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John Mccartney sold 500 shares of the stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $142.67, for a total transaction of $71,335.00. Following the transaction, the director now owns 52,121 shares in the company, valued at approximately $7,436,103.07. This trade represents a 0.95 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 78,781 shares of company stock worth $11,484,452. 2.02% of the stock is owned by insiders.

Huron Consulting Group Trading Down 0.4 %

Shares of NASDAQ:HURN traded down $0.52 on Monday, hitting $142.75. The company had a trading volume of 65,729 shares, compared to its average volume of 140,944. The firm's 50-day simple moving average is $139.67 and its two-hundred day simple moving average is $126.58. 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 firm has a market capitalization of $2.56 billion, a price-to-earnings ratio of 31.03 and a beta of 0.37. Huron Consulting Group Inc. has a 1 year low of $84.26 and a 1 year 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 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 firm had revenue of $399.31 million for the quarter, compared to analysts' expectations of $380.62 million. Equities analysts anticipate that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

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.