Loomis Sayles & Co. L P Reduces Holdings in Huron Consulting Group Inc. (NASDAQ:HURN)

Loomis Sayles & Co. L P cut its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 2.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 316,522 shares of the business services provider's stock after selling 9,247 shares during the quarter. Loomis Sayles & Co. L P owned approximately 1.78% of Huron Consulting Group worth $39,331,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Dakota Wealth Management grew its holdings in shares of Huron Consulting Group by 4.0% in the fourth quarter. Dakota Wealth Management now owns 2,250 shares of the business services provider's stock valued at $280,000 after acquiring an additional 87 shares in the last quarter. Andina Capital Management LLC grew its stake in Huron Consulting Group by 3.4% in the 4th quarter. Andina Capital Management LLC now owns 3,296 shares of the business services provider's stock valued at $410,000 after purchasing an additional 107 shares during the period. Martingale Asset Management L P increased its position in shares of Huron Consulting Group by 0.5% during the 3rd quarter. Martingale Asset Management L P now owns 20,479 shares of the business services provider's stock valued at $2,226,000 after purchasing an additional 110 shares during the last quarter. Hillsdale Investment Management Inc. raised its stake in shares of Huron Consulting Group by 0.5% during the 4th quarter. Hillsdale Investment Management Inc. now owns 34,060 shares of the business services provider's stock worth $4,232,000 after purchasing an additional 160 shares during the period. Finally, Keybank National Association OH raised its stake in shares of Huron Consulting Group by 4.2% during the 4th quarter. Keybank National Association OH now owns 4,120 shares of the business services provider's stock worth $512,000 after purchasing an additional 167 shares during the period. 93.90% of the stock is owned by institutional investors.

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Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on HURN shares. Barrington Research reiterated an "outperform" rating and issued a $167.00 target price on shares of Huron Consulting Group in a research note on Thursday, March 27th. Truist Financial increased their price objective on Huron Consulting Group from $165.00 to $180.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. William Blair restated an "outperform" rating on shares of Huron Consulting Group in a research note on Wednesday, March 26th. Wedbush upped their price target 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, Benchmark reiterated a "buy" rating and set a $165.00 target price 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, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $169.25.

Insider Buying and Selling at Huron Consulting Group

In related news, Director John Mccartney sold 500 shares of the firm's stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $124.65, for a total transaction of $62,325.00. Following the transaction, the director now directly owns 56,688 shares of the company's stock, valued at approximately $7,066,159.20. This trade represents a 0.87 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director H Eugene Lockhart sold 1,042 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $125.15, for a total value of $130,406.30. Following the completion of the sale, the director now owns 24,672 shares of the company's stock, valued at $3,087,700.80. The trade was a 4.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 80,781 shares of company stock worth $11,722,822 over the last 90 days. Corporate insiders own 2.02% of the company's stock.

Huron Consulting Group Price Performance

NASDAQ:HURN traded up $1.66 during trading hours on Tuesday, hitting $145.11. 40,405 shares of the company's stock traded hands, compared to its average volume of 132,779. The firm has a market cap of $2.57 billion, a P/E ratio of 31.48 and a beta of 0.53. 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 business's fifty day simple moving average is $136.48 and its two-hundred day simple moving average is $124.11. Huron Consulting Group Inc. has a 52 week low of $84.26 and a 52 week high of $153.85.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last posted its quarterly earnings data 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 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. On average, research analysts anticipate that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal 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.