Asset Management One Co. Ltd. Purchases 3,209 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

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

Several other large investors have also recently bought and sold shares of the company. Franklin Resources Inc. raised its position in shares of Huron Consulting Group by 16.4% in the fourth quarter. Franklin Resources Inc. now owns 460,650 shares of the business services provider's stock worth $57,240,000 after buying an additional 64,862 shares in the last quarter. Norges Bank purchased a new stake in shares of Huron Consulting Group in the 4th quarter valued at about $7,427,000. Sunriver Management LLC raised its holdings in shares of Huron Consulting Group by 10.7% in the 4th quarter. Sunriver Management LLC now owns 486,597 shares of the business services provider's stock valued at $60,465,000 after acquiring an additional 46,968 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in shares of Huron Consulting Group by 27.4% during the 1st quarter. Assenagon Asset Management S.A. now owns 177,449 shares of the business services provider's stock valued at $25,455,000 after acquiring an additional 38,163 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in shares of Huron Consulting Group by 58.7% during the fourth quarter. Millennium Management LLC now owns 92,872 shares of the business services provider's stock worth $11,540,000 after purchasing an additional 34,353 shares in the last quarter. 93.90% of the stock is owned by institutional investors.

Huron Consulting Group Price Performance

Shares of HURN stock traded down $0.26 during trading hours on Tuesday, hitting $137.28. 183,442 shares of the company's stock were exchanged, compared to its average volume of 154,699. The company has a market capitalization of $2.37 billion, a PE ratio of 20.58 and a beta of 0.28. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 1.14. Huron Consulting Group Inc. has a 12-month low of $96.45 and a 12-month high of $155.00. The business's 50 day simple moving average is $142.12 and its 200-day simple moving average is $136.74.

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

Insider Transactions at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the business's stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $133.63, for a total value of $66,815.00. Following the completion of the sale, the director owned 51,621 shares in the company, valued at approximately $6,898,114.23. The trade was a 0.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Joy Brown sold 668 shares of the stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $149.74, for a total value of $100,026.32. Following the sale, the director directly owned 8,896 shares of the company's stock, valued at approximately $1,332,087.04. This trade represents a 6.98% decrease in their position. The disclosure for this sale can be found here. 2.15% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on HURN. William Blair reaffirmed an "outperform" rating on shares of Huron Consulting Group in a research note on Wednesday, March 26th. Benchmark restated a "buy" rating and set a $165.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, March 26th. Barrington Research upped their target price on shares of Huron Consulting Group from $167.00 to $173.00 and gave the stock an "outperform" rating in a research report on Monday, May 5th. Wedbush increased their target price on Huron Consulting Group from $150.00 to $165.00 and gave the company an "outperform" rating in a research note on Wednesday, March 26th. Finally, Truist Financial raised their price target 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. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $170.75.

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.