Huron Consulting Group Inc. (NASDAQ:HURN) Shares Sold by Aristotle Capital Boston LLC

Aristotle Capital Boston LLC trimmed its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 8.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 583,732 shares of the business services provider's stock after selling 54,532 shares during the period. Huron Consulting Group comprises about 2.7% of Aristotle Capital Boston LLC's portfolio, making the stock its largest position. Aristotle Capital Boston LLC owned about 3.29% of Huron Consulting Group worth $72,535,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Jennison Associates LLC boosted its stake in shares of Huron Consulting Group by 4.8% during the 4th 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 during the last quarter. Wellington Management Group LLP boosted its position in Huron Consulting Group by 0.9% during the fourth quarter. Wellington Management Group LLP now owns 543,236 shares of the business services provider's stock valued at $67,503,000 after purchasing an additional 4,946 shares during the last quarter. Sunriver Management LLC grew its stake in 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 valued at $60,465,000 after purchasing an additional 46,968 shares in the last quarter. Franklin Resources Inc. increased its position in shares of 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 purchasing an additional 64,862 shares during the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of Huron Consulting Group by 4.7% during the 3rd quarter. Principal Financial Group Inc. now owns 380,024 shares of the business services provider's stock worth $41,308,000 after purchasing an additional 17,146 shares in the last quarter. 93.90% of the stock is owned by institutional investors.

Huron Consulting Group Price Performance

Huron Consulting Group stock traded up $3.01 during mid-day trading on Thursday, reaching $153.80. 83,324 shares of the company were exchanged, compared to its average volume of 148,702. The company has a fifty day simple moving average of $143.06 and a 200-day simple moving average of $130.51. The firm has a market cap of $2.65 billion, a PE ratio of 33.43 and a beta of 0.23. 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 $84.87 and a 12 month high of $154.78.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The business services provider reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.52. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The business had revenue of $404.14 million during the quarter, compared to analysts' expectations of $389.27 million. During the same quarter in the prior year, the business posted $1.23 earnings per share. Huron Consulting Group's revenue was up 11.2% compared to the same quarter last year. As a group, equities research analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the firm's stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $133.63, for a total value of $66,815.00. Following the sale, the director now owns 51,621 shares in the company, valued at $6,898,114.23. This trade represents a 0.96 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO C. Mark Hussey sold 27,672 shares of Huron Consulting Group stock in a transaction dated 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 sale, the chief executive officer now directly owns 81,118 shares in the company, valued at $11,835,927.38. The trade was a 25.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 76,239 shares of company stock worth $11,168,801 over the last three months. Corporate insiders own 2.15% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Benchmark reiterated a "buy" rating and set a $165.00 price target on shares of Huron Consulting Group in a report on Wednesday, March 26th. William Blair reissued an "outperform" rating on shares of Huron Consulting Group in a report on Wednesday, March 26th. Barrington Research raised 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. StockNews.com downgraded shares of Huron Consulting Group from a "buy" rating to a "hold" rating in a report on Friday, May 2nd. Finally, Truist Financial raised their target price on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a "buy" rating in a research note on Tuesday, March 4th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target 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.