State Street Corp Purchases 8,972 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

State Street Corp lifted its position in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 2.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 445,694 shares of the business services provider's stock after purchasing an additional 8,972 shares during the period. State Street Corp owned about 2.51% of Huron Consulting Group worth $48,447,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC bought a new position in Huron Consulting Group in the 2nd quarter worth $28,000. Assetmark Inc. boosted its stake 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 acquiring an additional 90 shares during the period. Creative Planning grew 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 in the last quarter. Aristides Capital LLC bought a new stake in Huron Consulting Group during the 2nd quarter valued at approximately $296,000. Finally, Olympiad Research LP purchased a new position in Huron Consulting Group in the 3rd quarter worth approximately $299,000. 93.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Insider Buying and Selling

In other news, Director H Eugene Lockhart sold 1,042 shares of the company's stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $115.82, for a total value of $120,684.44. Following the transaction, the director now directly owns 27,798 shares in the company, valued at approximately $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 SEC, which is accessible through the SEC website. Also, Director James H. Roth sold 2,000 shares of the firm's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $128.42, for a total transaction of $256,840.00. Following the completion of the transaction, the director now directly owns 54,825 shares in the company, valued at $7,040,626.50. This represents a 3.52 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 7,126 shares of company stock valued at $865,710 in the last ninety days. 2.02% of the stock is owned by company insiders.

Huron Consulting Group Trading Up 1.5 %

NASDAQ HURN traded up $1.78 during trading hours on Friday, hitting $121.95. 197,438 shares of the company were exchanged, compared to its average volume of 119,992. The stock has a market cap of $2.16 billion, a PE ratio of 26.51 and a beta of 0.60. Huron Consulting Group Inc. has a 52 week low of $84.26 and a 52 week high of $131.06. The stock has a 50-day moving average price of $118.34 and a 200 day moving average price of $108.96. 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 posted its quarterly earnings data on Tuesday, October 29th. The business services provider reported $1.68 EPS for the quarter, topping the consensus estimate of $1.57 by $0.11. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The company had revenue of $370.00 million during the quarter, compared to analyst estimates of $377.63 million. During the same period in the previous year, the firm earned $1.39 earnings per share. Huron Consulting Group's quarterly revenue was up 3.3% compared to the same quarter last year. Analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

About Huron Consulting Group

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.