Huron Consulting Group Inc. (NASDAQ:HURN) Shares Sold by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp cut its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURNFree Report) by 14.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,072 shares of the business services provider’s stock after selling 360 shares during the period. Peapack Gladstone Financial Corp’s holdings in Huron Consulting Group were worth $213,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Principal Securities Inc. acquired a new position in shares of Huron Consulting Group in the fourth quarter worth about $25,000. International Assets Investment Management LLC acquired a new position in shares of Huron Consulting Group in the fourth quarter worth about $42,000. Quest Partners LLC acquired a new position in shares of Huron Consulting Group in the fourth quarter worth about $97,000. Headlands Technologies LLC raised its position in shares of Huron Consulting Group by 2,020.0% in the fourth quarter. Headlands Technologies LLC now owns 954 shares of the business services provider’s stock worth $98,000 after acquiring an additional 909 shares during the period. Finally, USA Financial Formulas raised its position in shares of Huron Consulting Group by 3,273.3% in the fourth quarter. USA Financial Formulas now owns 1,012 shares of the business services provider’s stock worth $104,000 after acquiring an additional 982 shares during the period. 93.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Huron Consulting Group

In related news, Director John Mccartney sold 300 shares of the company’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $96.38, for a total transaction of $28,914.00. Following the completion of the sale, the director now owns 56,619 shares of the company’s stock, valued at approximately $5,456,939.22. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, Director James H. Roth sold 6,805 shares of the stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $98.42, for a total value of $669,748.10. Following the completion of the sale, the director now owns 76,434 shares of the company’s stock, valued at approximately $7,522,634.28. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John Mccartney sold 300 shares of the stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $96.38, for a total transaction of $28,914.00. Following the completion of the sale, the director now directly owns 56,619 shares of the company’s stock, valued at approximately $5,456,939.22. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,314 shares of company stock valued at $2,048,229. Corporate insiders own 2.02% of the company’s stock.

Huron Consulting Group Stock Up 1.3 %

Shares of NASDAQ HURN opened at $97.36 on Friday. Huron Consulting Group Inc. has a 12-month low of $77.99 and a 12-month high of $113.31. The stock has a market cap of $1.75 billion, a PE ratio of 28.06 and a beta of 0.59. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 1.13. The company has a 50-day moving average of $90.40 and a 200 day moving average of $97.87.

Huron Consulting Group (NASDAQ:HURNGet Free Report) last announced its quarterly earnings data on Tuesday, April 30th. The business services provider reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.35. Huron Consulting Group had a net margin of 4.67% and a return on equity of 19.21%. The company had revenue of $355.96 million during the quarter, compared to analysts’ expectations of $348.80 million. During the same quarter in the prior year, the company earned $0.87 EPS. Huron Consulting Group’s revenue was up 12.0% compared to the same quarter last year. As a group, sell-side analysts predict that Huron Consulting Group Inc. will post 5.83 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Benchmark reiterated a “buy” rating and issued a $140.00 price objective on shares of Huron Consulting Group in a research report on Monday, May 13th. Barrington Research reiterated an “outperform” rating and issued a $133.00 price objective on shares of Huron Consulting Group in a research report on Tuesday, May 28th. Wedbush reissued an “outperform” rating and set a $110.00 target price on shares of Huron Consulting Group in a research note on Thursday, May 23rd. StockNews.com cut shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 28th. Finally, Truist Financial reissued a “buy” rating and set a $140.00 target price on shares of Huron Consulting Group in a research note on Thursday, May 16th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Huron Consulting Group currently has an average rating of “Moderate Buy” and an average price target of $130.75.

Read Our Latest Analysis on Huron Consulting Group

About Huron Consulting Group

(Free Report)

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.

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Institutional Ownership by Quarter for Huron Consulting Group (NASDAQ:HURN)

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