Redwood Investments LLC Sells 79,635 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Redwood Investments LLC decreased its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 72.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,862 shares of the business services provider's stock after selling 79,635 shares during the quarter. Redwood Investments LLC owned about 0.16% of Huron Consulting Group worth $3,173,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Oliver Luxxe Assets LLC increased its stake in shares of Huron Consulting Group by 2.9% in the third quarter. Oliver Luxxe Assets LLC now owns 7,936 shares of the business services provider's stock worth $827,000 after acquiring an additional 223 shares during the period. Keybank National Association OH boosted its holdings in Huron Consulting Group by 4.7% during the third quarter. Keybank National Association OH now owns 5,037 shares of the business services provider's stock worth $525,000 after buying an additional 225 shares in the last quarter. Assetmark Inc. boosted its holdings in Huron Consulting Group by 28.6% during the third quarter. Assetmark Inc. now owns 1,098 shares of the business services provider's stock worth $114,000 after buying an additional 244 shares in the last quarter. Comerica Bank purchased a new stake in Huron Consulting Group during the third quarter worth $35,000. Finally, AQR Capital Management LLC boosted its holdings in Huron Consulting Group by 1.7% during the third quarter. AQR Capital Management LLC now owns 20,711 shares of the business services provider's stock worth $2,157,000 after buying an additional 340 shares in the last quarter. Institutional investors and hedge funds own 93.90% of the company's stock.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, CEO C. Mark Hussey sold 4,000 shares of Huron Consulting Group stock in a transaction dated Wednesday, January 10th. The shares were sold at an average price of $103.11, for a total transaction of $412,440.00. Following the completion of the sale, the chief executive officer now directly owns 102,286 shares in the company, valued at $10,546,709.46. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, Director James H. Roth sold 9,517 shares of the firm's stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $99.28, for a total value of $944,847.76. Following the completion of the transaction, the director now owns 83,239 shares of the company's stock, valued at $8,263,967.92. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO C. Mark Hussey sold 4,000 shares of the firm's stock in a transaction that occurred on Wednesday, January 10th. The shares were sold at an average price of $103.11, for a total transaction of $412,440.00. Following the completion of the transaction, the chief executive officer now directly owns 102,286 shares of the company's stock, valued at approximately $10,546,709.46. The disclosure for this sale can be found here. Insiders sold a total of 46,080 shares of company stock worth $4,559,962 over the last three months. Insiders own 2.20% of the company's stock.

Huron Consulting Group Trading Down 1.4 %

Huron Consulting Group stock traded down $1.39 during midday trading on Monday, hitting $95.23. 130,806 shares of the stock were exchanged, compared to its average volume of 116,669. Huron Consulting Group Inc. has a fifty-two week low of $70.66 and a fifty-two week high of $113.31. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 29.76 and a beta of 0.58. The stock's 50-day simple moving average is $100.76 and its 200 day simple moving average is $102.11. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.61.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its quarterly earnings results on Tuesday, February 27th. The business services provider reported $1.29 earnings per share for the quarter, beating analysts' consensus estimates of $1.12 by $0.17. Huron Consulting Group had a net margin of 4.47% and a return on equity of 17.77%. The business had revenue of $339.23 million during the quarter, compared to analysts' expectations of $341.71 million. During the same period last year, the business earned $1.12 earnings per share. The business's revenue for the quarter was up 8.1% on a year-over-year basis. On average, equities analysts anticipate that Huron Consulting Group Inc. will post 5.64 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on HURN shares. StockNews.com downgraded shares of Huron Consulting Group from a "buy" rating to a "hold" rating in a report on Wednesday, February 28th. Barrington Research increased their price objective on shares of Huron Consulting Group from $128.00 to $133.00 and gave the company an "outperform" rating in a report on Wednesday, March 6th.

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.