Loomis Sayles & Co. L P Sells 7,447 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Loomis Sayles & Co. L P lessened its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 2.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 325,769 shares of the business services provider's stock after selling 7,447 shares during the period. Loomis Sayles & Co. L P owned approximately 1.84% of Huron Consulting Group worth $35,411,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. boosted its position in Huron Consulting Group by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 2,073,879 shares of the business services provider's stock worth $200,378,000 after acquiring an additional 25,905 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its stake in Huron Consulting Group by 7.1% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 10,752 shares of the business services provider's stock valued at $1,040,000 after buying an additional 710 shares during the last quarter. Kennedy Capital Management LLC bought a new position in shares of Huron Consulting Group in the 1st quarter valued at about $5,614,000. Boston Partners increased its position in shares of Huron Consulting Group by 36.6% in the first quarter. Boston Partners now owns 922,254 shares of the business services provider's stock valued at $88,994,000 after acquiring an additional 247,218 shares during the last quarter. Finally, Harbor Capital Advisors Inc. raised its holdings in Huron Consulting Group by 40.2% during the second quarter. Harbor Capital Advisors Inc. now owns 10,210 shares of the business services provider's stock worth $1,006,000 after acquiring an additional 2,927 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Huron Consulting Group Price Performance

Shares of Huron Consulting Group stock traded down $1.06 on Tuesday, reaching $124.54. 83,647 shares of the stock were exchanged, compared to its average volume of 123,187. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61. The firm has a market cap of $2.21 billion, a PE ratio of 27.06 and a beta of 0.60. The firm's 50 day moving average is $112.94 and its 200-day moving average is $104.76. Huron Consulting Group Inc. has a one year low of $84.26 and a one year high of $131.06.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its quarterly earnings data on Tuesday, October 29th. The business services provider reported $1.68 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 21.51% and a net margin of 5.80%. Huron Consulting Group's revenue was up 3.3% compared to the same quarter last year. During the same period last year, the firm posted $1.39 earnings per share. As a group, analysts anticipate that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Insider Transactions at Huron Consulting Group

In other Huron Consulting Group news, Director H Eugene Lockhart sold 1,042 shares of the company's stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $109.48, for a total value of $114,078.16. Following the completion of the transaction, the director now directly owns 29,882 shares in the company, valued at approximately $3,271,481.36. This represents a 3.37 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director James H. Roth sold 2,000 shares of the firm's stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $128.42, for a total transaction of $256,840.00. Following the transaction, the director now directly owns 54,825 shares of the company's stock, valued at $7,040,626.50. The trade was a 3.52 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 5,126 shares of company stock worth $604,420. Corporate insiders own 2.20% of the company's stock.

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.