Huron Consulting Group Inc. (NASDAQ:HURN) Shares Sold by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P trimmed its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 2.8% in the fourth quarter, HoldingsChannel reports. The firm owned 316,522 shares of the business services provider’s stock after selling 9,247 shares during the period. Loomis Sayles & Co. L P’s holdings in Huron Consulting Group were worth $39,331,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of HURN. Allspring Global Investments Holdings LLC raised its holdings in shares of Huron Consulting Group by 61.3% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 11,972 shares of the business services provider’s stock valued at $1,488,000 after buying an additional 4,550 shares during the last quarter. Wellington Management Group LLP raised its stake in Huron Consulting Group by 29.1% during 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 acquiring an additional 121,371 shares in the last quarter. Franklin Resources Inc. boosted its position in Huron Consulting Group by 20.5% during the 3rd quarter. Franklin Resources Inc. now owns 395,788 shares of the business services provider’s stock worth $42,306,000 after acquiring an additional 67,239 shares during the period. Atom Investors LP bought a new position in shares of Huron Consulting Group in the third quarter worth $1,159,000. Finally, Aigen Investment Management LP acquired a new position in shares of Huron Consulting Group during the fourth quarter valued at $211,000. Institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Trading Up 0.1 %

Shares of NASDAQ HURN opened at $142.71 on Friday. 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 12 month low of $84.26 and a 12 month high of $153.85. The company has a market cap of $2.52 billion, a price-to-earnings ratio of 31.02 and a beta of 0.53. The business has a fifty day simple moving average of $135.84 and a 200-day simple moving average of $123.33.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, February 25th. The business services provider reported $1.90 EPS for the quarter, topping the consensus estimate of $1.52 by $0.38. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The company had revenue of $399.31 million during the quarter, compared to analysts’ expectations of $380.62 million. Sell-side analysts predict that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $124.65, for a total transaction of $62,325.00. Following the transaction, the director now owns 56,688 shares of the company’s stock, valued at $7,066,159.20. The trade was a 0.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director James H. Roth sold 2,000 shares of the stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $123.69, for a total transaction of $247,380.00. Following the completion of the sale, the director now directly owns 50,534 shares of the company’s stock, valued at $6,250,550.46. This trade represents a 3.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 72,140 shares of company stock valued at $10,492,517 in the last three months. 2.02% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have commented on HURN. William Blair restated an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday. Benchmark reissued a “buy” rating and set a $165.00 target price on shares of Huron Consulting Group in a report on Wednesday. Wedbush increased their price target on Huron Consulting Group from $150.00 to $165.00 and gave the company an “outperform” rating in a research note on Wednesday. Barrington Research reaffirmed an “outperform” rating and set a $167.00 target price on shares of Huron Consulting Group in a research note on Thursday. Finally, Truist Financial upped their price target on shares of Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $169.25.

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.