Squarepoint Ops LLC Boosts Stock Holdings in Huron Consulting Group Inc. (NASDAQ:HURN)

Squarepoint Ops LLC lifted its position in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 355.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,853 shares of the business services provider's stock after acquiring an additional 13,934 shares during the period. Squarepoint Ops LLC owned 0.10% of Huron Consulting Group worth $2,218,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC purchased a new stake in Huron Consulting Group during the 4th quarter valued at about $33,000. Tower Research Capital LLC TRC lifted its holdings in shares of Huron Consulting Group by 27.3% during the fourth quarter. Tower Research Capital LLC TRC now owns 569 shares of the business services provider's stock worth $71,000 after purchasing an additional 122 shares during the period. Xponance Inc. purchased a new stake in Huron Consulting Group in the fourth quarter valued at approximately $204,000. Cibc World Markets Corp acquired a new position in Huron Consulting Group in the 4th quarter worth approximately $204,000. Finally, Two Sigma Securities LLC acquired a new position in Huron Consulting Group in the 4th quarter worth approximately $209,000. Hedge funds and other institutional investors own 93.90% of the company's stock.

Analyst Ratings Changes

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

Huron Consulting Group Stock Performance

HURN stock traded up $2.27 during midday trading on Friday, hitting $143.95. 265,886 shares of the stock traded hands, compared to its average volume of 155,004. Huron Consulting Group Inc. has a 1-year low of $86.56 and a 1-year high of $155.00. 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 stock's fifty day simple moving average is $144.01 and its 200-day simple moving average is $134.43. The firm has a market cap of $2.48 billion, a P/E ratio of 31.29 and a beta of 0.23.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last posted its earnings results on Tuesday, April 29th. The business services provider reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.52. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The business had revenue of $404.14 million for the quarter, compared to analyst estimates of $389.27 million. During the same period in the prior year, the company posted $1.23 EPS. The company'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.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director James H. Roth sold 8,641 shares of the company's stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of $142.38, for a total transaction of $1,230,305.58. Following the completion of the transaction, the director now directly owns 47,638 shares in the company, valued at approximately $6,782,698.44. This represents a 15.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John Mccartney sold 500 shares of the stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $151.13, for a total transaction of $75,565.00. Following the transaction, the director now directly owns 55,688 shares in the company, valued at approximately $8,416,127.44. The trade was a 0.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 64,407 shares of company stock valued at $9,393,827. Company insiders own 2.15% of the company's stock.

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.