Huron Consulting Group Inc. (NASDAQ:HURN) Position Increased by Andina Capital Management LLC

Andina Capital Management LLC lifted its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,296 shares of the business services provider’s stock after acquiring an additional 107 shares during the quarter. Andina Capital Management LLC’s holdings in Huron Consulting Group were worth $410,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Assetmark Inc. boosted its stake in Huron Consulting Group by 7.0% in the 3rd quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock worth $149,000 after purchasing an additional 90 shares during the period. MML Investors Services LLC acquired a new stake in shares of Huron Consulting Group during the 3rd quarter valued at $220,000. Peapack Gladstone Financial Corp acquired a new stake in Huron Consulting Group during the third quarter valued at $220,000. Orion Portfolio Solutions LLC purchased a new position in Huron Consulting Group in the third quarter valued at about $264,000. Finally, Dakota Wealth Management raised its stake in shares of Huron Consulting Group by 4.0% during the 4th quarter. Dakota Wealth Management now owns 2,250 shares of the business services provider’s stock worth $280,000 after purchasing an additional 87 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors and hedge funds.

Huron Consulting Group Trading Down 0.7 %

HURN opened at $125.07 on Friday. The firm’s fifty day simple moving average is $123.54 and its 200 day simple moving average is $114.10. The stock has a market capitalization of $2.22 billion, a P/E ratio of 27.19 and a beta of 0.60. The company has a current ratio of 1.61, a quick 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 $131.06.

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 (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.11. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The firm had revenue of $370.00 million for the quarter, compared to analyst estimates of $377.63 million. During the same period in the previous year, the business earned $1.39 EPS. The company’s revenue was up 3.3% compared to the same quarter last year. As a group, research analysts anticipate that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Insider Transactions at Huron Consulting Group

In other news, Director James H. Roth sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $128.42, for a total value of $256,840.00. Following the completion of the transaction, the director now directly owns 54,825 shares in the company, valued at approximately $7,040,626.50. The trade was a 3.52 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John Mccartney sold 500 shares of the company’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $124.65, for a total value of $62,325.00. Following the sale, the director now owns 56,688 shares of the company’s stock, valued at approximately $7,066,159.20. This represents a 0.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,584 shares of company stock worth $1,062,597 over the last quarter. Company insiders own 2.02% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on HURN. Benchmark reaffirmed a “buy” rating and issued a $140.00 price objective on shares of Huron Consulting Group in a research note on Wednesday, October 30th. Barrington Research upped their price target on Huron Consulting Group from $137.00 to $142.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. Finally, StockNews.com raised Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Thursday, October 31st. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $133.00.

About Huron Consulting Group

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.