Huron Consulting Group Inc. (NASDAQ:HURN) Holdings Lowered by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in Huron Consulting Group Inc. (NASDAQ:HURN) by 1.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 480,375 shares of the business services provider’s stock after selling 9,275 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Huron Consulting Group were worth $59,691,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Heck Capital Advisors LLC acquired a new stake in shares of Huron Consulting Group during the 4th quarter valued at $33,000. Tower Research Capital LLC TRC boosted its position in Huron Consulting Group by 27.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 569 shares of the business services provider’s stock worth $71,000 after acquiring an additional 122 shares during the period. Cibc World Markets Corp purchased a new position in Huron Consulting Group during the 4th quarter valued at about $204,000. Xponance Inc. purchased a new position in Huron Consulting Group during the 4th quarter valued at about $204,000. Finally, Two Sigma Securities LLC purchased a new position in Huron Consulting Group during the 4th quarter valued at about $209,000. 93.90% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently commented on HURN. Truist Financial boosted their price target on Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th. Wall Street Zen lowered Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Friday, May 2nd. William Blair restated an “outperform” rating on shares of Huron Consulting Group in a research note on Wednesday, March 26th. Barrington Research increased their price objective on Huron Consulting Group from $167.00 to $173.00 and gave the stock an “outperform” rating in a research note on Monday, May 5th. Finally, Wedbush increased their target price on Huron Consulting Group from $150.00 to $165.00 and gave the stock an “outperform” rating in a report on Wednesday, March 26th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Huron Consulting Group has an average rating of “Moderate Buy” and an average price target of $170.75.

Insider Transactions at Huron Consulting Group

In other news, 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 transaction of $75,565.00. Following the sale, the director now owns 55,688 shares of the company’s stock, valued at $8,416,127.44. This trade represents a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director James H. Roth sold 8,641 shares of Huron Consulting Group stock in a transaction that occurred on Wednesday, March 26th. The shares were sold at an average price of $142.38, for a total value of $1,230,305.58. Following the completion of the sale, the director now directly owns 47,638 shares in the company, valued at approximately $6,782,698.44. This represents a 15.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 76,239 shares of company stock valued at $11,168,801 over the last 90 days. 2.15% of the stock is owned by company insiders.

Huron Consulting Group Price Performance

Huron Consulting Group stock opened at $148.96 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 $85.35 and a 12-month high of $155.00. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 32.38 and a beta of 0.23. The business’s 50-day simple moving average is $144.00 and its 200 day simple moving average is $133.88.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, April 29th. The business services provider reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $404.14 million for the quarter, compared to analysts’ expectations of $389.27 million. During the same quarter last year, the business earned $1.23 earnings per share. The company’s revenue was up 11.2% compared to the same quarter last year. As a group, research analysts anticipate 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.