Leeward Investments LLC MA Cuts Position in Huron Consulting Group Inc. (NASDAQ:HURN)

Leeward Investments LLC MA decreased its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 6.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 206,436 shares of the business services provider's stock after selling 15,369 shares during the quarter. Huron Consulting Group comprises 1.3% of Leeward Investments LLC MA's holdings, making the stock its 15th largest holding. Leeward Investments LLC MA owned approximately 1.16% of Huron Consulting Group worth $25,652,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Heck Capital Advisors LLC acquired a new position in shares of Huron Consulting Group in the 4th quarter worth approximately $33,000. Assetmark Inc. grew its stake in shares of Huron Consulting Group by 7.0% in the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider's stock valued at $149,000 after buying an additional 90 shares in the last quarter. MML Investors Services LLC purchased a new stake in shares of Huron Consulting Group in the 3rd quarter valued at $220,000. Peapack Gladstone Financial Corp acquired a new position in Huron Consulting Group during the 3rd quarter worth about $220,000. Finally, Orion Portfolio Solutions LLC purchased a new position in Huron Consulting Group during the 3rd quarter valued at about $264,000. Hedge funds and other institutional investors own 93.90% of the company's stock.

Insiders Place Their Bets

In other news, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $123.70, for a total value of $247,400.00. Following the completion of the sale, the director now owns 52,825 shares of the company's stock, valued at $6,534,452.50. The trade was a 3.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director H Eugene Lockhart sold 1,042 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $122.81, for a total value of $127,968.02. Following the transaction, the director now owns 26,756 shares in the company, valued at $3,285,904.36. This trade represents a 3.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,584 shares of company stock worth $1,067,539. Corporate insiders own 2.02% of the company's stock.

Analyst Upgrades and Downgrades

HURN has been the topic of a number of recent research reports. William Blair reiterated an "outperform" rating on shares of Huron Consulting Group in a research note on Wednesday. StockNews.com raised Huron Consulting Group from a "hold" rating to a "buy" rating in a research report on Thursday, October 31st. Truist Financial restated a "buy" rating and issued a $165.00 price target (up from $140.00) on shares of Huron Consulting Group in a research note on Wednesday. Benchmark upped their price target on Huron Consulting Group from $140.00 to $165.00 and gave the company a "buy" rating in a report on Wednesday. Finally, Wedbush initiated coverage on shares of Huron Consulting Group in a report on Monday, February 3rd. They set an "outperform" rating on the stock. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $145.50.

Huron Consulting Group Stock Performance

Shares of NASDAQ:HURN traded up $22.85 on Wednesday, reaching $148.18. The company's stock had a trading volume of 595,933 shares, compared to its average volume of 123,809. Huron Consulting Group Inc. has a 52-week low of $84.26 and a 52-week high of $153.77. The stock has a market capitalization of $2.63 billion, a P/E ratio of 32.21 and a beta of 0.59. The stock's 50-day moving average is $125.75 and its two-hundred day moving average is $117.37. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61.

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 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. As a group, sell-side analysts forecast that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Huron Consulting Group Company 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.