Huron Consulting Group Inc. (NASDAQ:HURN) Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. reduced its position in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 6.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 103,227 shares of the business services provider's stock after selling 7,619 shares during the period. Rockefeller Capital Management L.P. owned 0.58% of Huron Consulting Group worth $11,221,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC acquired a new position in shares of Huron Consulting Group during the second quarter valued at about $28,000. Assetmark Inc. raised its holdings in shares of Huron Consulting Group by 7.0% in the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider's stock worth $149,000 after buying an additional 90 shares during the last quarter. Dakota Wealth Management acquired a new stake in shares of Huron Consulting Group during the second quarter worth $219,000. Creative Planning grew its holdings 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 valued at $281,000 after buying an additional 246 shares during the last quarter. Finally, Aristides Capital LLC acquired a new position in shares of Huron Consulting Group in the 2nd quarter valued at $296,000. Hedge funds and other institutional investors own 93.90% of the company's stock.

Insider Transactions at Huron Consulting Group

In other news, Director H Eugene Lockhart sold 1,042 shares of the company's stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $115.82, for a total value of $120,684.44. Following the completion of the sale, the director now directly owns 27,798 shares in the company, valued at $3,219,564.36. This represents a 3.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $128.42, for a total value of $256,840.00. Following the transaction, the director now owns 54,825 shares in the company, valued at approximately $7,040,626.50. The trade was a 3.52 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,084 shares of company stock valued at $490,342 over the last ninety days. Insiders own 2.20% of the company's stock.

Analysts Set New Price Targets

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

Huron Consulting Group Stock Performance

Shares of NASDAQ:HURN traded down $0.83 during trading on Tuesday, hitting $123.58. 55,063 shares of the stock traded hands, compared to its average volume of 122,239. The company has a fifty day moving average price of $114.44 and a two-hundred day moving average price of $106.04. Huron Consulting Group Inc. has a 52-week low of $84.26 and a 52-week high of $131.06. The company has a market cap of $2.19 billion, a price-to-earnings ratio of 26.87 and a beta of 0.60. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last issued its quarterly earnings results on Tuesday, October 29th. The business services provider reported $1.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.57 by $0.11. The company had revenue of $370.00 million for 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%. Huron Consulting Group's revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.39 earnings per share. As a group, equities analysts predict that Huron Consulting Group Inc. will post 6.1 EPS for the current 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.