Nuveen Asset Management LLC Sells 17,790 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Nuveen Asset Management LLC trimmed its holdings in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 6.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 256,549 shares of the business services provider's stock after selling 17,790 shares during the quarter. Nuveen Asset Management LLC owned about 1.45% of Huron Consulting Group worth $31,879,000 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 made changes to their positions in the business. Jennison Associates LLC lifted its stake in shares of Huron Consulting Group by 4.8% in the 4th quarter. Jennison Associates LLC now owns 601,335 shares of the business services provider's stock valued at $74,722,000 after purchasing an additional 27,329 shares during the period. Wellington Management Group LLP raised its stake in Huron Consulting Group by 0.9% during the 4th quarter. Wellington Management Group LLP now owns 543,236 shares of the business services provider's stock worth $67,503,000 after buying an additional 4,946 shares during the period. Sunriver Management LLC raised its stake in Huron Consulting Group by 10.7% during the 4th quarter. Sunriver Management LLC now owns 486,597 shares of the business services provider's stock worth $60,465,000 after buying an additional 46,968 shares during the period. Franklin Resources Inc. raised its stake in Huron Consulting Group by 16.4% during the 4th 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 during the period. Finally, William Blair Investment Management LLC raised its stake in Huron Consulting Group by 2.5% during the 4th quarter. William Blair Investment Management LLC now owns 256,971 shares of the business services provider's stock worth $31,931,000 after buying an additional 6,338 shares during the period. 93.90% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $151.13, for a total transaction 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO C. Mark Hussey sold 27,672 shares of the stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $145.91, for a total value of $4,037,621.52. Following the transaction, the chief executive officer now directly owns 81,118 shares of the company's stock, valued at approximately $11,835,927.38. This trade represents a 25.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 76,907 shares of company stock valued at $11,268,827. Company insiders own 2.15% of the company's stock.

Huron Consulting Group Stock Performance

Shares of HURN traded up $4.65 on Tuesday, reaching $153.61. 370,707 shares of the company's stock traded hands, compared to its average volume of 151,337. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82. The stock has a market cap of $2.65 billion, a PE ratio of 33.39 and a beta of 0.23. The stock's 50 day simple moving average is $144.08 and its two-hundred day simple moving average is $134.21. Huron Consulting Group Inc. has a 52-week low of $85.35 and a 52-week high of $155.00.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The business services provider reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.16 by $0.52. The company 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%. Huron Consulting Group's revenue was up 11.2% on a year-over-year basis. During the same period last year, the business posted $1.23 earnings per share. On average, analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

HURN has been the topic of a number of research reports. Benchmark reaffirmed a "buy" rating and set a $165.00 price target on shares of Huron Consulting Group in a research note on Wednesday, March 26th. Truist Financial increased their price objective on Huron Consulting Group from $165.00 to $180.00 and gave the stock a "buy" rating in a research note on Tuesday, March 4th. Wall Street Zen downgraded Huron Consulting Group from a "buy" rating to a "hold" rating in a research note on Friday, May 2nd. Barrington Research increased their price objective 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. Finally, Wedbush increased their price objective on Huron Consulting Group from $150.00 to $165.00 and gave the stock an "outperform" rating in a research note 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. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $170.75.

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.