Quest Partners LLC Raises Stock Holdings in Huron Consulting Group Inc. (NASDAQ:HURN)

Quest Partners LLC raised its stake in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 131.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,814 shares of the business services provider's stock after acquiring an additional 7,858 shares during the period. Quest Partners LLC owned about 0.08% of Huron Consulting Group worth $1,502,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Assetmark Inc. lifted its stake in shares of Huron Consulting Group by 7.0% during the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider's stock valued at $149,000 after acquiring an additional 90 shares during the period. Andina Capital Management LLC raised its position in shares of Huron Consulting Group by 4.5% during the third quarter. Andina Capital Management LLC now owns 3,189 shares of the business services provider's stock worth $347,000 after purchasing an additional 137 shares during the period. ProShare Advisors LLC raised its position in shares of Huron Consulting Group by 6.0% during the first quarter. ProShare Advisors LLC now owns 3,342 shares of the business services provider's stock worth $323,000 after purchasing an additional 188 shares during the period. Blair William & Co. IL raised its position in shares of Huron Consulting Group by 2.1% during the first quarter. Blair William & Co. IL now owns 10,512 shares of the business services provider's stock worth $1,016,000 after purchasing an additional 218 shares during the period. Finally, Creative Planning raised its position in shares of Huron Consulting Group by 10.5% during the third quarter. Creative Planning now owns 2,588 shares of the business services provider's stock worth $281,000 after purchasing an additional 246 shares during the period. 93.90% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Huron Consulting Group Stock Performance

NASDAQ:HURN traded up $0.26 during mid-day trading on Wednesday, hitting $120.56. 55,166 shares of the stock were exchanged, compared to its average volume of 123,919. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 26.15 and a beta of 0.60. The firm's 50-day simple moving average is $111.60 and its 200 day simple moving average is $103.75. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61. Huron Consulting Group Inc. has a fifty-two week low of $84.26 and a fifty-two week high of $131.06.

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

Insider Buying and Selling at Huron Consulting Group

In related news, Director H Eugene Lockhart sold 1,042 shares of the business'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 sale, the director now owns 28,840 shares in the company, valued at $3,122,506.80. The trade was a 3.49 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director James H. Roth sold 2,000 shares of the company'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 owns 54,825 shares in the company, valued at $7,040,626.50. This trade represents a 3.52 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 5,126 shares of company stock valued at $604,420 in the last three months. Corporate insiders own 2.20% of the company's stock.

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.