Asset Management One Co. Ltd. Grows Position in Huron Consulting Group Inc. (NASDAQ:HURN)

Asset Management One Co. Ltd. grew its position in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 5.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,140 shares of the business services provider's stock after purchasing an additional 3,209 shares during the period. Asset Management One Co. Ltd. owned about 0.33% of Huron Consulting Group worth $8,484,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Heck Capital Advisors LLC purchased a new stake in shares of Huron Consulting Group in the fourth quarter valued at about $33,000. Opal Wealth Advisors LLC purchased a new stake in Huron Consulting Group in the 1st quarter valued at about $35,000. Tower Research Capital LLC TRC increased its stake in Huron Consulting Group by 27.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 569 shares of the business services provider's stock valued at $71,000 after buying an additional 122 shares during the last quarter. USA Financial Formulas purchased a new stake in shares of Huron Consulting Group during the first quarter valued at approximately $114,000. Finally, Sowell Financial Services LLC purchased a new stake in shares of Huron Consulting Group during the first quarter valued at approximately $203,000. Hedge funds and other institutional investors own 93.90% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently commented on HURN shares. Barrington Research increased their price target on Huron Consulting Group from $167.00 to $173.00 and gave the company an "outperform" rating in a research report on Monday, May 5th. Truist Financial raised their target price on Huron Consulting Group from $165.00 to $180.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. Wedbush raised their target price on Huron Consulting Group from $150.00 to $165.00 and gave the company an "outperform" rating in a research report on Wednesday, March 26th. William Blair restated an "outperform" rating on shares of Huron Consulting Group in a report on Wednesday, March 26th. Finally, Wall Street Zen downgraded shares of Huron Consulting Group from a "buy" rating to a "hold" rating in a report on Friday, May 2nd. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, Huron Consulting Group presently has a consensus rating of "Moderate Buy" and an average price target of $170.75.

Insider Transactions at Huron Consulting Group

In other news, Director Joy Brown sold 668 shares of Huron Consulting Group stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $149.74, for a total value of $100,026.32. Following the completion of the transaction, the director now directly owns 8,896 shares in the company, valued at approximately $1,332,087.04. The trade was a 6.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Mccartney sold 500 shares of the company's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $133.63, for a total value of $66,815.00. Following the sale, the director now owns 51,621 shares in the company, valued at approximately $6,898,114.23. This represents a 0.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,668 shares of company stock worth $238,176 over the last quarter. Corporate insiders own 2.15% of the company's stock.

Huron Consulting Group Stock Performance

NASDAQ:HURN opened at $135.43 on Friday. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.08 and a quick ratio of 2.08. The business has a fifty day simple moving average of $142.09 and a two-hundred day simple moving average of $136.42. Huron Consulting Group Inc. has a 1 year low of $96.45 and a 1 year high of $155.00. The company has a market capitalization of $2.34 billion, a P/E ratio of 20.30 and a beta of 0.30.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The business services provider reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.52. Huron Consulting Group had a return on equity of 24.68% and a net margin of 7.88%. The company had revenue of $404.14 million during the quarter, compared to analyst estimates of $389.27 million. During the same quarter last year, the firm posted $1.23 EPS. The firm's revenue for the quarter was up 11.2% on a year-over-year basis. On average, analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

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.

Want to see what other hedge funds are holding HURN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Huron Consulting Group Inc. (NASDAQ:HURN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.