Great Lakes Advisors LLC Has $5.66 Million Stock Position in Huron Consulting Group Inc. (NASDAQ:HURN)

Great Lakes Advisors LLC lessened its position in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 10.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 45,534 shares of the business services provider's stock after selling 5,136 shares during the quarter. Great Lakes Advisors LLC owned approximately 0.26% of Huron Consulting Group worth $5,658,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC purchased a new position in Huron Consulting Group during the 4th quarter valued at about $33,000. Assetmark Inc. boosted its holdings in shares of Huron Consulting Group by 7.0% during 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 during the period. Aigen Investment Management LP acquired a new stake in shares of Huron Consulting Group during the fourth quarter worth approximately $211,000. MML Investors Services LLC purchased a new position in Huron Consulting Group during the third quarter valued at approximately $220,000. Finally, Peapack Gladstone Financial Corp acquired a new position in Huron Consulting Group in the 3rd quarter valued at approximately $220,000. Institutional investors and hedge funds own 93.90% of the company's stock.

Huron Consulting Group Stock Up 0.7 %

Shares of NASDAQ:HURN traded up $1.09 on Monday, reaching $148.85. The company had a trading volume of 166,636 shares, compared to its average volume of 158,141. The stock has a market capitalization of $2.63 billion, a P/E ratio of 32.36 and a beta of 0.53. The stock has a 50-day moving average price of $132.16 and a 200 day moving average price of $121.18. Huron Consulting Group Inc. has a twelve month low of $84.26 and a twelve month high of $153.85. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82.

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Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The business services provider reported $1.90 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 company had revenue of $399.31 million for the quarter, compared to the consensus estimate of $380.62 million. On average, equities analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Insider Activity at Huron Consulting Group

In other news, Director James H. Roth sold 8,642 shares of the company's stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $143.93, for a total transaction of $1,243,843.06. Following the completion of the transaction, the director now directly owns 64,921 shares in the company, valued at $9,344,079.53. The trade was a 11.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Mccartney sold 500 shares of the firm's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $151.13, for a total transaction of $75,565.00. Following the completion of 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 disclosure for this sale can be found here. In the last three months, insiders have sold 63,498 shares of company stock worth $9,202,526. 2.02% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on HURN shares. Truist Financial lifted their target price on shares of Huron Consulting Group from $165.00 to $180.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. Benchmark lifted their price objective on Huron Consulting Group from $140.00 to $165.00 and gave the company a "buy" rating in a research report on Wednesday, February 26th. William Blair restated an "outperform" rating on shares of Huron Consulting Group in a research note on Monday, March 10th. Wedbush began coverage on Huron Consulting Group in a research note on Monday, February 3rd. They set an "outperform" rating for the company. Finally, Barrington Research lifted their price target on Huron Consulting Group from $142.00 to $167.00 and gave the company an "outperform" rating in a report on Thursday, February 27th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Huron Consulting Group currently has an average rating of "Buy" and an average price target of $155.50.

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.