Geode Capital Management LLC Has $43.55 Million Stock Holdings in Huron Consulting Group Inc. (NASDAQ:HURN)

Geode Capital Management LLC lowered its stake in Huron Consulting Group Inc. (NASDAQ:HURN) by 3.4% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 400,586 shares of the business services provider’s stock after selling 14,095 shares during the period. Geode Capital Management LLC owned approximately 2.26% of Huron Consulting Group worth $43,552,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of HURN. Quest Partners LLC grew its position in shares of Huron Consulting Group by 131.9% in the third quarter. Quest Partners LLC now owns 13,814 shares of the business services provider’s stock valued at $1,502,000 after purchasing an additional 7,858 shares during the last quarter. Wellington Management Group LLP grew its holdings in Huron Consulting Group by 29.1% in the 3rd quarter. Wellington Management Group LLP now owns 538,290 shares of the business services provider’s stock valued at $58,512,000 after buying an additional 121,371 shares in the last quarter. Victory Capital Management Inc. increased its position in Huron Consulting Group by 435.2% during the 2nd quarter. Victory Capital Management Inc. now owns 64,674 shares of the business services provider’s stock worth $6,370,000 after buying an additional 52,589 shares during the period. Atom Investors LP bought a new position in Huron Consulting Group during the 3rd quarter worth $1,159,000. Finally, Natixis Advisors LLC lifted its holdings in shares of Huron Consulting Group by 32.7% during the third quarter. Natixis Advisors LLC now owns 18,571 shares of the business services provider’s stock worth $2,019,000 after buying an additional 4,576 shares in the last quarter. 93.90% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Huron Consulting Group Trading Down 1.1 %

HURN opened at $120.55 on Tuesday. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 26.21 and a beta of 0.60. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82. Huron Consulting Group Inc. has a twelve month low of $84.26 and a twelve month high of $131.06. The company has a 50-day simple moving average of $118.92 and a 200 day simple moving average of $109.59.

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 for the quarter, topping analysts’ consensus estimates of $1.57 by $0.11. The company had revenue of $370.00 million during the quarter, compared to the consensus estimate of $377.63 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The firm’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.39 EPS. Analysts predict that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Insider Buying and Selling at Huron Consulting Group

In related news, Director H Eugene Lockhart sold 1,042 shares of the company’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $108.27, for a total transaction of $112,817.34. Following the completion of the sale, the director now directly owns 28,840 shares in the company, valued at $3,122,506.80. This represents a 3.49 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $123.70, for a total value of $247,400.00. Following the completion of the transaction, the director now owns 52,825 shares in the company, valued at approximately $6,534,452.50. This represents a 3.65 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 7,126 shares of company stock valued at $865,710. 2.02% of the stock is currently owned by corporate insiders.

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.