Jane Street Group LLC Has $3.21 Million Stock Position in Huron Consulting Group Inc. (NASDAQ:HURN)

Jane Street Group LLC reduced its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 16.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 29,493 shares of the business services provider's stock after selling 5,772 shares during the quarter. Jane Street Group LLC owned approximately 0.17% of Huron Consulting Group worth $3,206,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Jennison Associates LLC increased its holdings in shares of Huron Consulting Group by 5.7% in the third quarter. Jennison Associates LLC now owns 574,006 shares of the business services provider's stock valued at $62,394,000 after purchasing an additional 31,123 shares during the last quarter. Wellington Management Group LLP grew its stake in Huron Consulting Group by 29.1% in the 3rd quarter. Wellington Management Group LLP now owns 538,290 shares of the business services provider's stock valued at $58,512,000 after buying an additional 121,371 shares during the last quarter. State Street Corp raised its holdings in Huron Consulting Group by 2.1% in the 3rd quarter. State Street Corp now owns 445,694 shares of the business services provider's stock valued at $48,447,000 after acquiring an additional 8,972 shares during the period. Principal Financial Group Inc. lifted its position in Huron Consulting Group by 4.7% during the third quarter. Principal Financial Group Inc. now owns 380,024 shares of the business services provider's stock worth $41,308,000 after acquiring an additional 17,146 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of Huron Consulting Group by 1.0% during the second quarter. American Century Companies Inc. now owns 181,834 shares of the business services provider's stock worth $17,911,000 after acquiring an additional 1,837 shares during the period. 93.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Huron Consulting Group Price Performance

NASDAQ:HURN traded up $1.78 during trading hours on Friday, reaching $121.95. 197,438 shares of the company were exchanged, compared to its average volume of 119,992. The business has a 50 day moving average of $118.65 and a 200 day moving average of $109.31. Huron Consulting Group Inc. has a 1-year low of $84.26 and a 1-year high of $131.06. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. The company has a market capitalization of $2.16 billion, a P/E ratio of 26.51 and a beta of 0.60.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its earnings results on Tuesday, October 29th. The business services provider reported $1.68 earnings per share for the quarter, beating analysts' consensus estimates of $1.57 by $0.11. The firm had revenue of $370.00 million during the quarter, compared to the consensus estimate of $377.63 million. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The company's revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.39 EPS. Research analysts forecast that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Insider Buying and Selling at Huron Consulting Group

In related news, Director H Eugene Lockhart sold 1,042 shares of the company's stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $108.27, for a total transaction of $112,817.34. Following the completion of the sale, the director now directly owns 28,840 shares in the company, valued at $3,122,506.80. This represents a 3.49 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director James H. Roth sold 2,000 shares of the firm's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $128.42, for a total value of $256,840.00. Following the completion of the sale, the director now directly owns 54,825 shares in the company, valued at $7,040,626.50. This trade represents a 3.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 7,126 shares of company stock valued at $865,710 in the last ninety days. 2.02% of the stock is currently owned by company insiders.

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.