Quest Partners LLC Buys 7,858 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Quest Partners LLC grew its stake in Huron Consulting Group Inc. (NASDAQ:HURN) by 131.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,814 shares of the business services provider’s stock after purchasing an additional 7,858 shares during the period. Quest Partners LLC owned approximately 0.08% of Huron Consulting Group worth $1,502,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. lifted its stake in shares of Huron Consulting Group by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 2,073,879 shares of the business services provider’s stock worth $200,378,000 after acquiring an additional 25,905 shares during the last quarter. Boston Partners lifted its stake in shares of Huron Consulting Group by 36.6% during the 1st quarter. Boston Partners now owns 922,254 shares of the business services provider’s stock worth $88,994,000 after acquiring an additional 247,218 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Huron Consulting Group by 4.7% during the 3rd quarter. Principal Financial Group Inc. now owns 380,024 shares of the business services provider’s stock worth $41,308,000 after acquiring an additional 17,146 shares during the last quarter. Leeward Investments LLC MA lifted its stake in shares of Huron Consulting Group by 5.6% during the 2nd quarter. Leeward Investments LLC MA now owns 222,630 shares of the business services provider’s stock worth $21,929,000 after acquiring an additional 11,902 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in shares of Huron Consulting Group by 1.0% during the 2nd quarter. American Century Companies Inc. now owns 181,834 shares of the business services provider’s stock worth $17,911,000 after acquiring an additional 1,837 shares during the last quarter. 93.90% of the stock is owned by institutional investors.

Analysts Set New Price Targets

HURN has been the topic of several research reports. StockNews.com upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. Benchmark restated a “buy” rating and set a $140.00 price objective on shares of Huron Consulting Group in a report on Wednesday, October 30th. Finally, Barrington Research lifted 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. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $133.00.

Huron Consulting Group Stock Up 1.2 %

Shares of HURN stock opened at $120.30 on Wednesday. Huron Consulting Group Inc. has a 1-year low of $84.26 and a 1-year high of $131.06. The stock’s fifty day moving average price is $111.60 and its 200 day moving average price is $103.75. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. The company has a market cap of $2.13 billion, a price-to-earnings ratio of 26.15 and a beta of 0.60.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, October 29th. The business services provider reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.11. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The firm had revenue of $370.00 million for the quarter, compared to the consensus estimate of $377.63 million. During the same period in the previous year, the business earned $1.39 EPS. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. On average, research analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Huron Consulting Group news, Director H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $108.27, for a total transaction of $112,817.34. Following the completion of the sale, the director now owns 28,840 shares of the company’s stock, valued at approximately $3,122,506.80. The trade was a 3.49 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $128.42, for a total value of $256,840.00. Following the sale, the director now directly owns 54,825 shares of the company’s stock, valued at approximately $7,040,626.50. This represents a 3.52 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 5,126 shares of company stock worth $604,420 in the last ninety days. 2.20% of the stock is owned by insiders.

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.