Huron Consulting Group Inc. (NASDAQ:HURN) Shares Bought by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. lifted its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 0.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,060 shares of the business services provider’s stock after acquiring an additional 160 shares during the quarter. Hillsdale Investment Management Inc. owned 0.19% of Huron Consulting Group worth $4,232,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in HURN. Heck Capital Advisors LLC acquired a new stake in Huron Consulting Group in the fourth quarter valued at $33,000. Xponance Inc. acquired a new stake in shares of Huron Consulting Group in the fourth quarter valued at about $204,000. Cibc World Markets Corp purchased a new stake in Huron Consulting Group during the fourth quarter worth about $204,000. Aigen Investment Management LP acquired a new position in Huron Consulting Group during the fourth quarter worth about $211,000. Finally, Avantax Advisory Services Inc. purchased a new position in Huron Consulting Group in the fourth quarter valued at about $213,000. 93.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on HURN shares. Truist Financial upped their target price on Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Benchmark increased their price objective on shares of Huron Consulting Group from $140.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday, February 26th. Wedbush assumed coverage on shares of Huron Consulting Group in a research report on Monday, February 3rd. They set an “outperform” rating for the company. William Blair reiterated an “outperform” rating on shares of Huron Consulting Group in a research report on Monday, March 10th. Finally, Barrington Research lifted their price objective on Huron Consulting Group from $142.00 to $167.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $155.50.

Insider Transactions at Huron Consulting Group

In other Huron Consulting Group news, Director H Eugene Lockhart sold 1,042 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $125.15, for a total transaction of $130,406.30. Following the completion of the sale, the director now directly owns 24,672 shares in the company, valued at approximately $3,087,700.80. This trade represents a 4.05 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO C. Mark Hussey sold 27,672 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $145.91, for a total transaction of $4,037,621.52. Following the transaction, the chief executive officer now directly owns 81,118 shares in the company, valued at $11,835,927.38. The trade was a 25.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 72,140 shares of company stock valued at $10,492,517 in the last quarter. Insiders own 2.02% of the company’s stock.

Huron Consulting Group Trading Down 5.2 %

Shares of HURN opened at $140.87 on Friday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61. Huron Consulting Group Inc. has a one year low of $84.26 and a one year high of $153.85. The stock has a 50-day moving average price of $134.50 and a 200 day moving average price of $122.42. The company has a market capitalization of $2.49 billion, a P/E ratio of 30.62 and a beta of 0.53.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $380.62 million. Sell-side analysts forecast that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal 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.