Creative Planning Buys 246 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Creative Planning lifted its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 10.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,588 shares of the business services provider’s stock after purchasing an additional 246 shares during the quarter. Creative Planning’s holdings in Huron Consulting Group were worth $281,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in HURN. Daiwa Securities Group Inc. grew its holdings in shares of Huron Consulting Group by 800.0% during the 1st quarter. Daiwa Securities Group Inc. now owns 1,800 shares of the business services provider’s stock valued at $174,000 after purchasing an additional 1,600 shares during the last quarter. Quantbot Technologies LP grew its holdings in shares of Huron Consulting Group by 28.9% during the 1st quarter. Quantbot Technologies LP now owns 9,444 shares of the business services provider’s stock valued at $912,000 after purchasing an additional 2,116 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of Huron Consulting Group by 518.6% during the 1st quarter. SG Americas Securities LLC now owns 12,539 shares of the business services provider’s stock valued at $1,212,000 after purchasing an additional 10,512 shares during the last quarter. ProShare Advisors LLC grew its holdings in shares of Huron Consulting Group by 6.0% during the 1st quarter. ProShare Advisors LLC now owns 3,342 shares of the business services provider’s stock valued at $323,000 after purchasing an additional 188 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System grew its holdings in shares of Huron Consulting Group by 71.7% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 9,338 shares of the business services provider’s stock valued at $902,000 after purchasing an additional 3,900 shares during the last quarter. 93.90% of the stock is owned by institutional investors.

Insider Activity at Huron Consulting Group

In related news, Director James H. Roth sold 2,000 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $128.42, for a total transaction of $256,840.00. Following the transaction, the director now owns 54,825 shares in the company, valued at $7,040,626.50. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Huron Consulting Group news, Director James H. Roth sold 2,000 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $128.42, for a total transaction of $256,840.00. Following the transaction, the director now owns 54,825 shares in the company, valued at approximately $7,040,626.50. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director H Eugene Lockhart sold 1,042 shares of the company’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $109.48, for a total transaction of $114,078.16. Following the transaction, the director now owns 29,882 shares in the company, valued at approximately $3,271,481.36. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,348 shares of company stock worth $1,040,232 in the last quarter. Company insiders own 2.02% of the company’s stock.

Huron Consulting Group Stock Down 0.2 %

Shares of NASDAQ HURN opened at $127.43 on Friday. The company has a market capitalization of $2.26 billion, a P/E ratio of 27.70 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 company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61. The company’s 50 day moving average price is $109.25 and its 200-day moving average price is $102.04.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, October 29th. The business services provider reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $370.00 million for the quarter, compared to the consensus estimate of $377.63 million. During the same quarter in the previous year, the company earned $1.39 EPS. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. Equities analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. StockNews.com raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. Barrington Research boosted their target price on shares of Huron Consulting Group from $137.00 to $142.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. Finally, Benchmark reissued a “buy” rating and set a $140.00 target price on shares of Huron Consulting Group in a report on Wednesday, October 30th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $133.00.

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.