UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduces Stock Holdings in Huron Consulting Group Inc. (NASDAQ:HURN)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its holdings in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 1.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 480,375 shares of the business services provider's stock after selling 9,275 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 2.71% of Huron Consulting Group worth $59,691,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in HURN. Heck Capital Advisors LLC acquired a new position in Huron Consulting Group in the fourth quarter valued at approximately $33,000. Tower Research Capital LLC TRC increased its stake in shares of 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 acquiring an additional 122 shares in the last quarter. Cibc World Markets Corp acquired a new position in shares of Huron Consulting Group during the 4th quarter valued at $204,000. Xponance Inc. bought a new position in Huron Consulting Group during the fourth quarter worth $204,000. Finally, Two Sigma Securities LLC acquired a new stake in Huron Consulting Group in the fourth quarter worth $209,000. Institutional investors own 93.90% of the company's stock.

Insider Activity at Huron Consulting Group

In other Huron Consulting Group news, Director Joy Brown sold 668 shares of the stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $149.74, for a total value of $100,026.32. Following the completion of the sale, the director now owns 8,896 shares in the company, valued at approximately $1,332,087.04. This trade represents a 6.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director John Mccartney sold 500 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $151.13, for a total value of $75,565.00. Following the completion of the transaction, the director now directly owns 55,688 shares of the company's stock, valued at approximately $8,416,127.44. This represents a 0.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 64,407 shares of company stock valued at $9,393,827. 2.15% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Benchmark reiterated a "buy" rating and set a $165.00 price objective on shares of Huron Consulting Group in a report on Wednesday, March 26th. Barrington Research upped their price target on Huron Consulting Group from $167.00 to $173.00 and gave the stock an "outperform" rating in a research note on Monday, May 5th. Wedbush raised their price objective 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. Wall Street Zen downgraded Huron Consulting Group from a "buy" rating to a "hold" rating in a report on Friday, May 2nd. Finally, William Blair reaffirmed an "outperform" rating on shares of Huron Consulting Group in a research report on Wednesday, March 26th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $170.75.

Huron Consulting Group Stock Up 1.8%

Shares of NASDAQ:HURN traded up $2.45 during midday trading on Thursday, hitting $141.68. 305,575 shares of the company's stock were exchanged, compared to its average volume of 212,718. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. Huron Consulting Group Inc. has a 12 month low of $85.35 and a 12 month high of $155.00. The company has a market cap of $2.44 billion, a PE ratio of 30.80 and a beta of 0.23. The stock has a 50 day moving average price of $144.05 and a 200-day moving average price of $134.25.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The business services provider reported $1.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.16 by $0.52. The business had revenue of $404.14 million during the quarter, compared to the consensus estimate of $389.27 million. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The company's quarterly revenue was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.23 EPS. On average, sell-side analysts anticipate that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal 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.