Huron Consulting Group Inc. (NASDAQ:HURN) Stock Position Raised by Russell Investments Group Ltd.

Russell Investments Group Ltd. raised its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN – Get Rating) by 55.0% in the fourth quarter, Holdings Channel reports. The firm owned 22,130 shares of the business services provider’s stock after buying an additional 7,854 shares during the period. Russell Investments Group Ltd.’s holdings in Huron Consulting Group were worth $1,607,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. DekaBank Deutsche Girozentrale purchased a new stake in shares of Huron Consulting Group during the 3rd quarter worth about $32,000. Barclays PLC raised its stake in shares of Huron Consulting Group by 21.4% in the 3rd quarter. Barclays PLC now owns 1,281 shares of the business services provider’s stock valued at $85,000 after acquiring an additional 226 shares in the last quarter. Huntington National Bank raised its stake in shares of Huron Consulting Group by 32.3% in the 3rd quarter. Huntington National Bank now owns 1,469 shares of the business services provider’s stock valued at $97,000 after acquiring an additional 359 shares in the last quarter. Lazard Asset Management LLC bought a new position in shares of Huron Consulting Group in the 1st quarter valued at approximately $68,000. Finally, IFP Advisors Inc raised its stake in shares of Huron Consulting Group by 19.1% in the 3rd quarter. IFP Advisors Inc now owns 1,529 shares of the business services provider’s stock valued at $72,000 after acquiring an additional 245 shares in the last quarter. 93.71% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director H Eugene Lockhart sold 952 shares of the company’s stock in a transaction on Monday, March 6th. The stock was sold at an average price of $80.06, for a total transaction of $76,217.12. Following the transaction, the director now owns 35,955 shares of the company’s stock, valued at $2,878,557.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO C. Mark Hussey bought 2,000 shares of the business’s stock in a transaction on Friday, May 5th. The shares were purchased at an average price of $72.48 per share, with a total value of $144,960.00. Following the completion of the purchase, the chief executive officer now owns 110,286 shares of the company’s stock, valued at approximately $7,993,529.28. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director H Eugene Lockhart sold 952 shares of the stock in a transaction dated Monday, March 6th. The shares were sold at an average price of $80.06, for a total value of $76,217.12. Following the completion of the transaction, the director now directly owns 35,955 shares in the company, valued at approximately $2,878,557.30. The disclosure for this sale can be found here. 1.85% of the stock is currently owned by insiders.

Huron Consulting Group Trading Down 0.2 %

Shares of HURN opened at $83.19 on Wednesday. The company has a market cap of $1.60 billion, a price-to-earnings ratio of 27.28 and a beta of 0.56. Huron Consulting Group Inc. has a 52-week low of $56.38 and a 52-week high of $87.44. The company has a debt-to-equity ratio of 0.85, a quick ratio of 2.44 and a current ratio of 2.44. The stock has a fifty day moving average price of $80.12 and a two-hundred day moving average price of $75.41.

Huron Consulting Group (NASDAQ:HURN – Get Rating) last issued its quarterly earnings results on Tuesday, May 2nd. The business services provider reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.20. Huron Consulting Group had a return on equity of 14.08% and a net margin of 5.09%. The business had revenue of $317.90 million for the quarter, compared to analyst estimates of $299.65 million. During the same quarter in the prior year, the firm posted $0.49 earnings per share. The firm’s revenue for the quarter was up 22.2% compared to the same quarter last year. Analysts predict that Huron Consulting Group Inc. will post 4.13 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently commented on HURN. Benchmark boosted their price target on Huron Consulting Group from $95.00 to $100.00 in a research note on Wednesday, May 3rd. Truist Financial boosted their price target on Huron Consulting Group from $85.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, March 2nd. Barrington Research lifted their price objective on Huron Consulting Group from $89.00 to $105.00 and gave the company an “outperform” rating in a research report on Friday, March 3rd. Finally, StockNews.com began coverage on Huron Consulting Group in a research report on Thursday, May 18th. They issued a “hold” rating for the company.

About Huron Consulting Group

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Huron Consulting Group, Inc engages in the provision of technology, data, and analytics solutions. It operates through the following segments: Healthcare, Education, and Commercial. The Healthcare segment focuses on serving acute care providers including national and regional health systems, academic health systems, and community health systems, and public, children, and critical access hospitals, and non-acute care providers including physician practices and medical groups, payors, and long-term care or post-acute providers.