Great Lakes Advisors LLC Sells 3,749 Shares of Huron Consulting Group Inc. $HURN

Great Lakes Advisors LLC decreased its holdings in Huron Consulting Group Inc. (NASDAQ:HURN) by 10.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,548 shares of the business services provider’s stock after selling 3,749 shares during the period. Great Lakes Advisors LLC owned 0.18% of Huron Consulting Group worth $4,484,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Huron Consulting Group by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,464 shares of the business services provider’s stock valued at $1,501,000 after buying an additional 469 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Huron Consulting Group by 53.0% during the first quarter. Goldman Sachs Group Inc. now owns 198,938 shares of the business services provider’s stock valued at $28,538,000 after acquiring an additional 68,891 shares in the last quarter. Jane Street Group LLC bought a new stake in Huron Consulting Group during the 1st quarter worth approximately $6,313,000. Intech Investment Management LLC increased its holdings in Huron Consulting Group by 28.1% during the 1st quarter. Intech Investment Management LLC now owns 11,064 shares of the business services provider’s stock worth $1,587,000 after acquiring an additional 2,425 shares during the period. Finally, Acadian Asset Management LLC lifted its stake in Huron Consulting Group by 174.4% in the 1st quarter. Acadian Asset Management LLC now owns 3,361 shares of the business services provider’s stock worth $481,000 after purchasing an additional 2,136 shares in the last quarter. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Huron Consulting Group

In related news, Director Ekta Singh-Bushell sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $178.55, for a total value of $178,550.00. Following the transaction, the director owned 14,341 shares of the company’s stock, valued at approximately $2,560,585.55. This trade represents a 6.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director James H. Roth sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $164.57, for a total transaction of $329,140.00. Following the sale, the director directly owned 35,304 shares of the company’s stock, valued at approximately $5,809,979.28. This represents a 5.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 13,458 shares of company stock worth $2,212,726. 2.15% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have weighed in on HURN shares. Barrington Research upped their target price on Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Weiss Ratings reiterated a “buy (b)” rating on shares of Huron Consulting Group in a research report on Thursday, January 22nd. Wedbush increased their price target on shares of Huron Consulting Group from $165.00 to $200.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Finally, Truist Financial lifted their price objective on shares of Huron Consulting Group from $180.00 to $240.00 and gave the stock a “buy” rating in a report on Friday, November 14th. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Huron Consulting Group currently has a consensus rating of “Buy” and a consensus target price of $215.50.

Huron Consulting Group Trading Up 1.3%

Shares of NASDAQ HURN opened at $169.00 on Friday. Huron Consulting Group Inc. has a 1 year low of $120.25 and a 1 year high of $186.77. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.44 and a quick ratio of 1.44. The firm has a 50-day moving average of $174.96 and a 200 day moving average of $155.22. The stock has a market cap of $2.91 billion, a P/E ratio of 28.31 and a beta of 0.11.

Huron Consulting Group (NASDAQ:HURN) last released its earnings results on Tuesday, October 28th. The business services provider reported $2.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.24. Huron Consulting Group had a net margin of 6.54% and a return on equity of 27.06%. The firm had revenue of $441.28 million during the quarter, compared to analyst estimates of $418.13 million. During the same period last year, the business earned $1.68 earnings per share. The business’s revenue was up 16.7% on a year-over-year basis. As a group, sell-side analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Huron Consulting Group Company Profile

Huron Consulting Group (NASDAQ:HURN) is a global professional services firm that advises organizations across a range of industries on strategy, operations and technology. Founded in 2002 and headquartered in Chicago, the company helps clients address complex business challenges such as performance improvement, digital transformation and organizational change. Huron’s consultants work alongside executive leadership teams to develop and implement tailored solutions that drive growth, increase efficiency and manage risk.

Huron’s service offerings encompass business and financial advisory, healthcare performance improvement, life sciences consulting, higher education and research lifecycle support, as well as legal and regulatory consulting.