2,800 Shares in Huron Consulting Group Inc. (NASDAQ:HURN) Bought by Point72 Asset Management L.P.

Point72 Asset Management L.P. purchased a new position in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,800 shares of the business services provider's stock, valued at approximately $348,000.

A number of other institutional investors have also recently made changes to their positions in HURN. TI Trust Inc. acquired a new stake in shares of Huron Consulting Group in the fourth quarter worth approximately $12,197,000. Franklin Resources Inc. boosted its stake 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 acquiring an additional 64,862 shares during the last quarter. Norges Bank acquired a new stake in shares of Huron Consulting Group in the fourth quarter worth approximately $7,427,000. Sunriver Management LLC boosted its stake in shares of Huron Consulting Group by 10.7% in the fourth quarter. Sunriver Management LLC now owns 486,597 shares of the business services provider's stock worth $60,465,000 after acquiring an additional 46,968 shares during the last quarter. Finally, Millennium Management LLC boosted its stake in shares of Huron Consulting Group by 58.7% in the fourth quarter. Millennium Management LLC now owns 92,872 shares of the business services provider's stock worth $11,540,000 after acquiring an additional 34,353 shares during the last quarter. 93.90% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Huron Consulting Group

In related news, Director Joy Brown sold 668 shares of the business's 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 sale, the director now owns 8,896 shares in the company, valued at approximately $1,332,087.04. The trade was a 6.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John Mccartney sold 500 shares of the business's stock in a transaction 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 sale, the director now owns 55,688 shares in the company, valued at $8,416,127.44. This represents a 0.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 64,407 shares of company stock worth $9,393,827 over the last quarter. 2.15% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on HURN. Wedbush lifted their price objective on Huron Consulting Group from $150.00 to $165.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 26th. Truist Financial lifted their price objective on Huron Consulting Group from $165.00 to $180.00 and gave the stock a "buy" rating in a research report on Tuesday, March 4th. Barrington Research lifted their price objective 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. Benchmark reiterated a "buy" rating and set a $165.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, March 26th. Finally, Wall Street Zen downgraded Huron Consulting Group from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd. One analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $170.75.

Huron Consulting Group Trading Up 1.1%

NASDAQ:HURN traded up $1.56 on Thursday, reaching $140.79. The company's stock had a trading volume of 91,804 shares, compared to its average volume of 153,214. Huron Consulting Group Inc. has a 12-month low of $85.35 and a 12-month high of $155.00. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82. The firm has a market cap of $2.43 billion, a price-to-earnings ratio of 30.61 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 posted its 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. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The company had revenue of $404.14 million for the quarter, compared to the consensus estimate of $389.27 million. During the same quarter in the previous year, the business earned $1.23 earnings per share. The company's revenue for the quarter was up 11.2% on a year-over-year basis. On average, equities analysts anticipate that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal 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.