XTX Topco Ltd Invests $625,000 in Huron Consulting Group Inc. (NASDAQ:HURN)

XTX Topco Ltd purchased a new position in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,031 shares of the business services provider's stock, valued at approximately $625,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC purchased a new stake in Huron Consulting Group during the 4th quarter worth about $33,000. Xponance Inc. acquired a new position in shares of Huron Consulting Group during the 4th quarter worth about $204,000. Cibc World Markets Corp acquired a new position in shares of Huron Consulting Group during the 4th quarter worth about $204,000. Aigen Investment Management LP acquired a new position in Huron Consulting Group in the 4th quarter valued at $211,000. Finally, Avantax Advisory Services Inc. acquired a new position in Huron Consulting Group in the 4th quarter valued at $213,000. Institutional investors and hedge funds own 93.90% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on HURN. William Blair restated an "outperform" rating on shares of Huron Consulting Group in a research report on Wednesday, March 26th. Wedbush increased their price objective on shares of Huron Consulting Group from $150.00 to $165.00 and gave the company an "outperform" rating in a research note on Wednesday, March 26th. Benchmark reaffirmed a "buy" rating and set a $165.00 price target on shares of Huron Consulting Group in a research note on Wednesday, March 26th. Truist Financial increased their price objective on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a "buy" rating in a report on Tuesday, March 4th. Finally, Barrington Research restated an "outperform" rating and issued a $167.00 price target on shares of Huron Consulting Group in a report on Thursday, March 27th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $169.25.

Huron Consulting Group Stock Performance

Shares of NASDAQ:HURN traded down $1.26 during trading on Thursday, reaching $135.96. 50,395 shares of the company's stock traded hands, compared to its average volume of 145,521. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. The company has a 50 day moving average of $141.69 and a 200-day moving average of $128.14. The stock has a market capitalization of $2.44 billion, a P/E ratio of 29.52 and a beta of 0.37. Huron Consulting Group Inc. has a 12 month low of $84.26 and a 12 month high of $153.85.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last issued its quarterly earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share for the quarter, beating analysts' consensus estimates 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 business had revenue of $399.31 million for the quarter, compared to the consensus estimate of $380.62 million. On average, equities analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Insider Buying and Selling

In other news, Director James H. Roth sold 2,000 shares of the company's stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $126.03, for a total value of $252,060.00. Following the completion of the sale, the director now directly owns 48,534 shares of the company's stock, valued at $6,116,740.02. This represents a 3.96 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director H Eugene Lockhart sold 1,042 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $125.15, for a total value of $130,406.30. Following the sale, the director now directly owns 24,672 shares of the company's stock, valued at approximately $3,087,700.80. The trade was a 4.05 % 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.

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.