Huron Consulting Group Inc. (NASDAQ:HURN) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lowered its stake in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 8.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,271,044 shares of the business services provider's stock after selling 118,854 shares during the period. Dimensional Fund Advisors LP owned approximately 6.78% of Huron Consulting Group worth $130,661,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HURN. Principal Securities Inc. purchased a new stake in Huron Consulting Group in the fourth quarter worth $25,000. International Assets Investment Management LLC purchased a new position in Huron Consulting Group in the 4th quarter worth about $42,000. Headlands Technologies LLC lifted its holdings in Huron Consulting Group by 2,020.0% during the 4th quarter. Headlands Technologies LLC now owns 954 shares of the business services provider's stock valued at $98,000 after buying an additional 909 shares in the last quarter. Assetmark Inc. grew its stake in Huron Consulting Group by 28.6% in the 3rd quarter. Assetmark Inc. now owns 1,098 shares of the business services provider's stock worth $114,000 after acquiring an additional 244 shares in the last quarter. Finally, New York State Teachers Retirement System bought a new position in Huron Consulting Group in the 4th quarter worth about $175,000. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 300 shares of the stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $98.13, for a total value of $29,439.00. Following the completion of the sale, the director now directly owns 56,919 shares in the company, valued at $5,585,461.47. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, Director John Mccartney sold 300 shares of the business's stock in a transaction on Friday, March 1st. The shares were sold at an average price of $98.13, for a total transaction of $29,439.00. Following the sale, the director now directly owns 56,919 shares of the company's stock, valued at $5,585,461.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO C. Mark Hussey sold 1,765 shares of the company's stock in a transaction on Monday, March 4th. The shares were sold at an average price of $100.12, for a total value of $176,711.80. Following the completion of the transaction, the chief executive officer now directly owns 121,728 shares in the company, valued at $12,187,407.36. The disclosure for this sale can be found here. Insiders sold a total of 36,380 shares of company stock worth $3,548,734 over the last three months. Corporate insiders own 2.02% of the company's stock.

Huron Consulting Group Stock Down 0.1 %

Shares of NASDAQ:HURN traded down $0.06 on Friday, reaching $87.66. The company had a trading volume of 134,731 shares, compared to its average volume of 163,854. The firm has a market capitalization of $1.58 billion, a PE ratio of 25.26 and a beta of 0.59. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 1.13. Huron Consulting Group Inc. has a 52-week low of $77.99 and a 52-week high of $113.31. The firm's 50 day simple moving average is $92.57 and its 200-day simple moving average is $99.42.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its quarterly earnings results on Tuesday, April 30th. The business services provider reported $1.23 EPS for the quarter, beating the consensus estimate of $0.88 by $0.35. Huron Consulting Group had a net margin of 4.67% and a return on equity of 19.21%. The business had revenue of $355.96 million during the quarter, compared to analyst estimates of $348.80 million. During the same period in the prior year, the firm posted $0.87 earnings per share. The company's quarterly revenue was up 12.0% on a year-over-year basis. As a group, analysts expect that Huron Consulting Group Inc. will post 5.82 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on HURN shares. Barrington Research reaffirmed an "outperform" rating and set a $133.00 price target on shares of Huron Consulting Group in a research note on Monday, May 6th. StockNews.com downgraded Huron Consulting Group from a "buy" rating to a "hold" rating in a research report on Wednesday, February 28th. Benchmark restated a "buy" rating and set a $140.00 price target on shares of Huron Consulting Group in a research note on Monday, May 13th. Finally, Truist Financial reaffirmed a "buy" rating and issued a $140.00 price objective on shares of Huron Consulting Group in a research note on Thursday.

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.