Natixis Advisors LLC Sells 1,933 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Natixis Advisors LLC lessened its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 10.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,638 shares of the business services provider's stock after selling 1,933 shares during the period. Natixis Advisors LLC owned approximately 0.09% of Huron Consulting Group worth $2,067,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in HURN. Jennison Associates LLC increased its holdings in shares of Huron Consulting Group by 4.8% during the fourth quarter. Jennison Associates LLC now owns 601,335 shares of the business services provider's stock valued at $74,722,000 after acquiring an additional 27,329 shares in the last quarter. Wellington Management Group LLP grew its position in Huron Consulting Group by 29.1% during 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 purchasing an additional 121,371 shares during the last quarter. State Street Corp raised its holdings in Huron Consulting Group by 2.1% in the third quarter. State Street Corp now owns 445,694 shares of the business services provider's stock worth $48,447,000 after buying an additional 8,972 shares during the last quarter. Franklin Resources Inc. raised its holdings in Huron Consulting Group by 20.5% in the third quarter. Franklin Resources Inc. now owns 395,788 shares of the business services provider's stock worth $42,306,000 after buying an additional 67,239 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in shares of Huron Consulting Group by 4.7% in the third quarter. Principal Financial Group Inc. now owns 380,024 shares of the business services provider's stock worth $41,308,000 after buying an additional 17,146 shares in the last quarter. Hedge funds and other institutional investors own 93.90% of the company's stock.

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Insider Transactions at Huron Consulting Group

In other news, Director H Eugene Lockhart sold 1,042 shares of the firm's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $125.15, for a total value of $130,406.30. Following the transaction, the director now owns 24,672 shares of the company's stock, valued at $3,087,700.80. This trade represents a 4.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $124.65, for a total value of $62,325.00. Following the transaction, the director now directly owns 56,688 shares in the company, valued at approximately $7,066,159.20. The trade was a 0.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 80,781 shares of company stock worth $11,722,822 in the last 90 days. 2.02% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on HURN. William Blair restated an "outperform" rating on shares of Huron Consulting Group in a report on Wednesday. Truist Financial lifted their target price on Huron Consulting Group from $165.00 to $180.00 and gave the stock a "buy" rating in a report on Tuesday, March 4th. Benchmark reaffirmed a "buy" rating and set a $165.00 price target on shares of Huron Consulting Group in a report on Wednesday. Wedbush lifted their price objective on Huron Consulting Group from $150.00 to $165.00 and gave the stock an "outperform" rating in a report on Wednesday. Finally, Barrington Research reiterated an "outperform" rating and issued a $167.00 price target on shares of Huron Consulting Group in a research note on Thursday. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of "Buy" and an average target price of $169.25.

Huron Consulting Group Stock Performance

HURN stock traded down $0.41 during trading on Friday, reaching $142.30. The stock had a trading volume of 201,937 shares, compared to its average volume of 132,468. The firm has a market cap of $2.52 billion, a PE ratio of 30.93 and a beta of 0.53. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82. The stock's 50 day moving average is $136.15 and its two-hundred day moving average is $123.59. 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 issued its quarterly earnings data on Tuesday, February 25th. The business services provider reported $1.90 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.38. The firm had revenue of $399.31 million for the quarter, compared to analysts' expectations of $380.62 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. As a group, equities analysts anticipate that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

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.