Huron Consulting Group Inc. (NASDAQ:HURN) Shares Purchased by Martingale Asset Management L P

Martingale Asset Management L P raised its stake in Huron Consulting Group Inc. (NASDAQ:HURN) by 0.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,479 shares of the business services provider’s stock after purchasing an additional 110 shares during the period. Martingale Asset Management L P owned about 0.12% of Huron Consulting Group worth $2,226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in HURN. Simplicity Wealth LLC acquired a new stake in Huron Consulting Group in the second quarter valued at approximately $584,000. Quest Partners LLC lifted its position in shares of Huron Consulting Group by 131.9% during the 3rd quarter. Quest Partners LLC now owns 13,814 shares of the business services provider’s stock worth $1,502,000 after purchasing an additional 7,858 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of Huron Consulting Group by 435.2% during the second quarter. Victory Capital Management Inc. now owns 64,674 shares of the business services provider’s stock worth $6,370,000 after purchasing an additional 52,589 shares in the last quarter. William Blair Investment Management LLC acquired a new position in shares of Huron Consulting Group during the second quarter worth $9,533,000. Finally, Assetmark Inc. increased its holdings in Huron Consulting Group by 7.0% in the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock valued at $149,000 after buying an additional 90 shares during the last quarter. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Analyst Ratings Changes

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

Insider Buying and Selling

In other news, Director H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $108.27, for a total value of $112,817.34. Following the sale, the director now owns 28,840 shares of the company’s stock, valued at $3,122,506.80. The trade was a 3.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James H. Roth sold 2,000 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $128.42, for a total transaction of $256,840.00. Following the transaction, the director now directly owns 54,825 shares of the company’s stock, valued at $7,040,626.50. This represents a 3.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 5,126 shares of company stock valued at $604,420 over the last quarter. 2.02% of the stock is currently owned by insiders.

Huron Consulting Group Price Performance

HURN stock opened at $122.81 on Friday. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $2.18 billion, a P/E ratio of 26.70 and a beta of 0.60. The business has a 50 day simple moving average of $114.14 and a 200-day simple moving average of $105.65. Huron Consulting Group Inc. has a twelve month low of $84.26 and a twelve 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 for the quarter, topping analysts’ consensus estimates of $1.57 by $0.11. The firm had revenue of $370.00 million during the quarter, compared to analysts’ expectations of $377.63 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. Huron Consulting Group’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 EPS. As a group, equities analysts anticipate that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Huron Consulting Group Company 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.