Teachers Retirement System of The State of Kentucky Has $1.78 Million Position in Huron Consulting Group Inc. (NASDAQ:HURN)

Teachers Retirement System of The State of Kentucky raised its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 19.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,296 shares of the business services provider's stock after buying an additional 2,342 shares during the period. Teachers Retirement System of The State of Kentucky owned 0.08% of Huron Consulting Group worth $1,776,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of HURN. MML Investors Services LLC bought a new position in Huron Consulting Group during the third quarter valued at about $220,000. Peapack Gladstone Financial Corp bought a new position in Huron Consulting Group during the third quarter valued at about $220,000. Franklin Resources Inc. increased its stake in Huron Consulting Group by 20.5% during the third quarter. Franklin Resources Inc. now owns 395,788 shares of the business services provider's stock valued at $42,306,000 after acquiring an additional 67,239 shares during the period. Principal Financial Group Inc. increased its stake 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 valued at $41,308,000 after acquiring an additional 17,146 shares during the period. Finally, Nordea Investment Management AB boosted its holdings in Huron Consulting Group by 4.7% during the fourth quarter. Nordea Investment Management AB now owns 74,244 shares of the business services provider's stock valued at $9,321,000 after purchasing an additional 3,346 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors.

Huron Consulting Group Stock Up 0.8 %

Shares of NASDAQ:HURN traded up $1.12 during trading on Monday, hitting $135.26. 165,942 shares of the company's stock traded hands, compared to its average volume of 145,813. The company has a market cap of $2.42 billion, a price-to-earnings ratio of 29.40 and a beta of 0.37. The company has a 50-day moving average price of $141.98 and a 200-day moving average price of $129.05. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82. 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 released its earnings results on Tuesday, February 25th. The business services provider reported $1.90 EPS for the quarter, beating the consensus estimate of $1.52 by $0.38. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The firm had revenue of $399.31 million for the quarter, compared to analysts' expectations of $380.62 million. As a group, research analysts forecast that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Insider Transactions at Huron Consulting Group

In related news, Director James H. Roth sold 2,000 shares of the business's stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $126.03, for a total transaction of $252,060.00. Following the transaction, the director now directly owns 48,534 shares of the company's stock, valued at approximately $6,116,740.02. The trade was a 3.96 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Mccartney sold 500 shares of the company's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $151.13, for a total value of $75,565.00. Following the completion of the transaction, the director now directly owns 55,688 shares in the company, valued at approximately $8,416,127.44. This represents a 0.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 78,781 shares of company stock worth $11,484,452 in the last 90 days. Corporate insiders own 2.15% of the company's stock.

Analysts Set New Price Targets

HURN has been the topic of a number of recent research reports. William Blair reaffirmed an "outperform" rating on shares of Huron Consulting Group in a report on Wednesday, March 26th. Benchmark reaffirmed a "buy" rating and set a $165.00 price objective on shares of Huron Consulting Group in a report on Wednesday, March 26th. Truist Financial upped their price objective on Huron Consulting Group from $165.00 to $180.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. Barrington Research restated an "outperform" rating and set a $167.00 target price on shares of Huron Consulting Group in a research report on Thursday, March 27th. Finally, Wedbush boosted their target price on Huron Consulting Group from $150.00 to $165.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 26th. Six equities research 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 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.