Graham Capital Management L.P. Sells 3,870 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Graham Capital Management L.P. decreased its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 26.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,531 shares of the business services provider's stock after selling 3,870 shares during the period. Graham Capital Management L.P. owned 0.06% of Huron Consulting Group worth $1,309,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Dakota Wealth Management boosted its stake in shares of Huron Consulting Group by 4.0% in the fourth quarter. Dakota Wealth Management now owns 2,250 shares of the business services provider's stock valued at $280,000 after purchasing an additional 87 shares during the period. Summit Investment Advisors Inc. raised its stake in Huron Consulting Group by 5.5% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,838 shares of the business services provider's stock worth $228,000 after acquiring an additional 96 shares during the period. Andina Capital Management LLC raised its stake in Huron Consulting Group by 3.4% during the fourth quarter. Andina Capital Management LLC now owns 3,296 shares of the business services provider's stock worth $410,000 after acquiring an additional 107 shares during the period. Tower Research Capital LLC TRC raised its stake in 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 acquiring an additional 122 shares during the period. Finally, Hillsdale Investment Management Inc. raised its holdings in shares of Huron Consulting Group by 0.5% during the fourth quarter. Hillsdale Investment Management Inc. now owns 34,060 shares of the business services provider's stock valued at $4,232,000 after buying an additional 160 shares during the last quarter. Institutional investors and hedge funds own 93.90% of the company's stock.

Huron Consulting Group Stock Up 3.3%

Shares of HURN traded up $4.88 during mid-day trading on Friday, reaching $152.93. The company's stock had a trading volume of 249,010 shares, compared to its average volume of 149,679. The business has a fifty day moving average of $143.41 and a 200 day moving average of $132.34. The company has a market cap of $2.64 billion, a price-to-earnings ratio of 33.25 and a beta of 0.23. Huron Consulting Group Inc. has a 1 year low of $84.87 and a 1 year 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.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its 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 company had revenue of $404.14 million during the quarter, compared to analyst estimates 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 revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.23 earnings per share. As a group, analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Huron Consulting Group news, Director James H. Roth sold 8,641 shares of the firm's stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of $142.38, for a total value of $1,230,305.58. Following the sale, the director now directly owns 47,638 shares in the company, valued at $6,782,698.44. This trade represents a 15.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director John Mccartney sold 500 shares of the company's stock in a transaction dated 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 of the company's stock, 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 76,239 shares of company stock valued at $11,168,801 over the last three months. 2.15% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on HURN shares. Barrington Research upped their target price 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. Wedbush raised 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. William Blair reiterated an "outperform" rating on shares of Huron Consulting Group in a research report on Wednesday, March 26th. StockNews.com downgraded shares of Huron Consulting Group from a "buy" rating to a "hold" rating in a report on Friday, May 2nd. Finally, 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. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, Huron Consulting Group has a consensus rating of "Moderate Buy" and an average target price 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.