Integrated Quantitative Investments LLC Invests $661,000 in Huron Consulting Group Inc. (NASDAQ:HURN)

Integrated Quantitative Investments LLC purchased a new position in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 5,322 shares of the business services provider's stock, valued at approximately $661,000.

Other large investors have also modified their holdings of the company. Heck Capital Advisors LLC acquired a new position in Huron Consulting Group in the 4th quarter valued at about $33,000. Cibc World Markets Corp purchased a new stake in Huron Consulting Group during the 4th quarter worth about $204,000. Xponance Inc. purchased a new stake in shares of Huron Consulting Group during the fourth quarter worth approximately $204,000. Aigen Investment Management LP acquired a new stake in shares of Huron Consulting Group in the 4th quarter valued at $211,000. Finally, Avantax Advisory Services Inc. acquired a new position in shares of Huron Consulting Group during the 4th quarter worth about $213,000. Hedge funds and other institutional investors own 93.90% of the company's stock.

Insider Buying and Selling

In other news, Director John Mccartney sold 500 shares of the business's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $151.13, for a total transaction of $75,565.00. Following the sale, the director now owns 55,688 shares in the company, valued at $8,416,127.44. The trade was a 0.89 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James H. Roth sold 8,641 shares of the stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of $142.38, for a total value of $1,230,305.58. Following the completion of the sale, the director now directly owns 47,638 shares of the company's stock, valued at approximately $6,782,698.44. This represents a 15.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 80,781 shares of company stock valued at $11,731,832 over the last three months. Company insiders own 2.02% of the company's stock.

Huron Consulting Group Stock Performance

Shares of HURN stock opened at $137.76 on Friday. Huron Consulting Group Inc. has a one year low of $84.26 and a one year high of $153.85. 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 stock has a market capitalization of $2.44 billion, a price-to-earnings ratio of 29.95 and a beta of 0.53. The company's 50-day simple moving average is $137.92 and its 200-day simple moving average is $124.92.

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Huron Consulting Group (NASDAQ:HURN - Get Free Report) last posted its earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 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.

Wall Street Analysts Forecast Growth

Several analysts recently commented on HURN shares. William Blair reiterated an "outperform" rating on shares of Huron Consulting Group in a research report on Wednesday, March 26th. Barrington Research reiterated an "outperform" rating and issued a $167.00 price objective on shares of Huron Consulting Group in a research report on Thursday, March 27th. Benchmark reaffirmed a "buy" rating and issued a $165.00 target price on shares of Huron Consulting Group in a report on Wednesday, March 26th. Wedbush raised their target price on shares of Huron Consulting Group from $150.00 to $165.00 and gave the company an "outperform" rating in a report on Wednesday, March 26th. Finally, Truist Financial raised their price target on Huron Consulting Group from $165.00 to $180.00 and gave the stock a "buy" rating in a research report on Tuesday, March 4th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of $169.25.

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.

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