Strs Ohio Raises Stock Position in Huron Consulting Group Inc. (NASDAQ:HURN)

Strs Ohio boosted its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 90.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,400 shares of the business services provider’s stock after acquiring an additional 4,000 shares during the period. Strs Ohio’s holdings in Huron Consulting Group were worth $863,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of HURN. International Assets Investment Management LLC acquired a new position in shares of Huron Consulting Group during the fourth quarter worth $42,000. Assetmark Inc. grew its stake in Huron Consulting Group by 28.6% during the 3rd quarter. Assetmark Inc. now owns 1,098 shares of the business services provider’s stock worth $114,000 after buying an additional 244 shares during the last quarter. New York State Teachers Retirement System acquired a new position in Huron Consulting Group during the 4th quarter valued at about $175,000. Olympiad Research LP purchased a new stake in Huron Consulting Group in the third quarter valued at about $217,000. Finally, Corton Capital Inc. acquired a new stake in Huron Consulting Group in the third quarter worth about $219,000. 93.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Huron Consulting Group

In other Huron Consulting Group news, CEO C. Mark Hussey sold 4,000 shares of the stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $104.48, for a total transaction of $417,920.00. Following the sale, the chief executive officer now directly owns 98,286 shares of the company’s stock, valued at approximately $10,268,921.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO C. Mark Hussey sold 4,000 shares of the company’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $104.48, for a total value of $417,920.00. Following the sale, the chief executive officer now owns 98,286 shares in the company, valued at $10,268,921.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John Mccartney sold 300 shares of Huron Consulting Group stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $96.38, for a total value of $28,914.00. Following the transaction, the director now owns 56,619 shares of the company’s stock, valued at $5,456,939.22. The disclosure for this sale can be found here. Insiders sold 42,080 shares of company stock worth $4,146,076 over the last three months. Company insiders own 2.20% of the company’s stock.

Wall Street Analyst Weigh In

HURN has been the topic of several recent analyst reports. Barrington Research upped their price objective on shares of Huron Consulting Group from $128.00 to $133.00 and gave the company an “outperform” rating in a report on Wednesday, March 6th. StockNews.com lowered shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 28th.

Huron Consulting Group Trading Up 0.5 %

Shares of NASDAQ:HURN opened at $93.44 on Thursday. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.61. Huron Consulting Group Inc. has a 52-week low of $70.66 and a 52-week high of $113.31. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of 29.20 and a beta of 0.58. The business has a 50-day moving average price of $97.41 and a 200-day moving average price of $100.97.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, February 27th. The business services provider reported $1.29 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.17. Huron Consulting Group had a net margin of 4.47% and a return on equity of 17.77%. The company had revenue of $339.23 million for the quarter, compared to the consensus estimate of $341.71 million. During the same quarter in the prior year, the company earned $1.12 EPS. Huron Consulting Group’s quarterly revenue was up 8.1% on a year-over-year basis. Equities analysts predict that Huron Consulting Group Inc. will post 5.64 EPS for the current year.

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.