Huron Consulting Group Inc. (NASDAQ:HURN) Stock Holdings Trimmed by Aristotle Capital Boston LLC

Aristotle Capital Boston LLC lowered its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 8.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 583,732 shares of the business services provider’s stock after selling 54,532 shares during the quarter. Huron Consulting Group comprises approximately 2.7% of Aristotle Capital Boston LLC’s portfolio, making the stock its biggest position. Aristotle Capital Boston LLC owned 3.29% of Huron Consulting Group worth $72,535,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. TI Trust Inc. bought a new position in Huron Consulting Group during the 4th quarter valued at approximately $12,197,000. Franklin Resources Inc. grew its stake in shares of Huron Consulting Group by 20.5% in the third 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 last quarter. Norges Bank bought a new position in shares of Huron Consulting Group during the fourth quarter valued at $7,427,000. Sunriver Management LLC raised its position in shares of Huron Consulting Group by 10.7% in the 4th quarter. Sunriver Management LLC now owns 486,597 shares of the business services provider’s stock worth $60,465,000 after purchasing an additional 46,968 shares during the last quarter. Finally, Jennison Associates LLC boosted its stake in Huron Consulting Group by 4.8% in the 4th quarter. Jennison Associates LLC now owns 601,335 shares of the business services provider’s stock worth $74,722,000 after purchasing an additional 27,329 shares in the last quarter. Institutional investors own 93.90% of the company’s stock.

Analysts Set New Price Targets

HURN has been the subject of several recent analyst reports. StockNews.com cut shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Friday. William Blair reaffirmed an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, March 26th. Truist Financial lifted their target price on Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Wedbush upped their price target on Huron Consulting Group from $150.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, March 26th. Finally, Benchmark reiterated a “buy” rating and issued a $165.00 price objective on shares of Huron Consulting Group in a report on Wednesday, March 26th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Huron Consulting Group has a consensus rating of “Moderate Buy” and a consensus price target of $169.25.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director H Eugene Lockhart sold 1,042 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $125.15, for a total value of $130,406.30. Following the completion of the sale, the director now owns 24,672 shares in the company, valued at $3,087,700.80. This represents a 4.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director John Mccartney sold 500 shares of the firm’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $151.13, for a total value of $75,565.00. Following the completion of the transaction, the director now directly owns 55,688 shares in the company, valued at $8,416,127.44. This trade represents a 0.89 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 78,781 shares of company stock valued at $11,484,452. Insiders own 2.15% of the company’s stock.

Huron Consulting Group Stock Performance

HURN stock opened at $147.36 on Friday. The company has a market cap of $2.64 billion, a P/E ratio of 32.03 and a beta of 0.37. Huron Consulting Group Inc. has a 1 year low of $84.87 and a 1 year high of $153.85. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. The stock’s fifty day moving average price is $143.09 and its 200-day moving average price is $129.64.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, April 29th. The business services provider reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.52. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The business had revenue of $404.14 million for the quarter, compared to analysts’ expectations of $389.27 million. During the same period last year, the firm posted $1.23 earnings per share. The business’s revenue for the quarter was up 11.2% on a year-over-year basis. On average, equities analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

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.