Aristotle Capital Boston LLC Sells 54,532 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Aristotle Capital Boston LLC trimmed its holdings in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 8.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 583,732 shares of the business services provider's stock after selling 54,532 shares during the quarter. Huron Consulting Group accounts for about 2.7% of Aristotle Capital Boston LLC's portfolio, making the stock its biggest holding. Aristotle Capital Boston LLC owned 3.29% of Huron Consulting Group worth $72,535,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Jennison Associates LLC boosted its holdings in Huron Consulting Group by 4.8% during the fourth quarter. Jennison Associates LLC now owns 601,335 shares of the business services provider's stock worth $74,722,000 after buying an additional 27,329 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of 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 acquiring an additional 4,946 shares in the last quarter. Sunriver Management LLC grew its holdings in shares of Huron Consulting Group by 10.7% in the 4th 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. Franklin Resources Inc. raised its position in shares of Huron Consulting Group by 16.4% during the fourth quarter. Franklin Resources Inc. now owns 460,650 shares of the business services provider's stock worth $57,240,000 after purchasing an additional 64,862 shares during the period. Finally, Principal Financial Group Inc. lifted its holdings in shares of Huron Consulting Group by 4.7% during the third quarter. Principal Financial Group Inc. now owns 380,024 shares of the business services provider's stock valued at $41,308,000 after purchasing an additional 17,146 shares during the last quarter. Institutional investors own 93.90% of the company's stock.

Huron Consulting Group Stock Up 0.6 %

Shares of NASDAQ:HURN traded up $0.96 during trading on Tuesday, reaching $149.27. 182,053 shares of the company traded hands, compared to its average volume of 148,531. The firm has a fifty day simple moving average of $143.09 and a 200 day simple moving average of $130.37. 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 Inc. has a 1-year low of $84.87 and a 1-year high of $153.85. The firm has a market cap of $2.57 billion, a P/E ratio of 32.45 and a beta of 0.23.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its quarterly earnings data 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. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The firm had revenue of $404.14 million during the quarter, compared to analysts' expectations of $389.27 million. During the same quarter last year, the firm earned $1.23 earnings per share. The business's revenue for the quarter was up 11.2% on a year-over-year basis. Analysts anticipate that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Insider Activity at Huron Consulting Group

In other Huron Consulting Group news, 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 transaction 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 $11,835,927.38. This represents a 25.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director James H. Roth sold 2,000 shares of the business's stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $126.03, for a total value of $252,060.00. Following the completion of the sale, the director now directly owns 48,534 shares of the company's stock, valued at $6,116,740.02. This represents a 3.96 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 78,239 shares of company stock valued at $11,420,861. 2.15% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on HURN shares. Benchmark restated a "buy" rating and set a $165.00 price objective on shares of Huron Consulting Group in a report on Wednesday, March 26th. William Blair restated an "outperform" rating on shares of Huron Consulting Group in a research report on Wednesday, March 26th. Truist Financial lifted 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 report on Tuesday, March 4th. Wedbush increased their target price on Huron Consulting Group from $150.00 to $165.00 and gave the company an "outperform" rating in a report on Wednesday, March 26th. Finally, Barrington Research lifted their price target on Huron Consulting Group from $167.00 to $173.00 and gave the company an "outperform" rating in a report on Monday. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus 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.