10,658 Shares in Huron Consulting Group Inc. (NASDAQ:HURN) Acquired by Atom Investors LP

Atom Investors LP acquired a new stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,658 shares of the business services provider’s stock, valued at approximately $1,159,000. Atom Investors LP owned 0.06% of Huron Consulting Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC purchased a new position in shares of Huron Consulting Group during the 2nd quarter worth approximately $28,000. Assetmark Inc. lifted its holdings in shares of Huron Consulting Group by 7.0% during the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock valued at $149,000 after purchasing an additional 90 shares in the last quarter. Dakota Wealth Management purchased a new stake in shares of Huron Consulting Group during the 2nd quarter valued at about $219,000. Creative Planning grew its position in Huron Consulting Group by 10.5% in the 3rd quarter. Creative Planning now owns 2,588 shares of the business services provider’s stock worth $281,000 after purchasing an additional 246 shares during the period. Finally, Olympiad Research LP bought a new position in Huron Consulting Group in the third quarter valued at about $299,000. Institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Trading Down 0.7 %

HURN stock opened at $123.58 on Wednesday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. The company has a market capitalization of $2.19 billion, a PE ratio of 26.87 and a beta of 0.60. The firm’s 50-day moving average is $114.73 and its 200 day moving average is $106.30. Huron Consulting Group Inc. has a 12 month low of $84.26 and a 12 month high of $131.06.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, October 29th. The business services provider reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.11. The firm had revenue of $370.00 million during the quarter, compared to analysts’ expectations of $377.63 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The company’s revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.39 EPS. On average, research analysts anticipate that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Insider Activity

In related news, Director H Eugene Lockhart sold 1,042 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $115.82, for a total transaction of $120,684.44. Following the completion of the sale, the director now directly owns 27,798 shares in the company, valued at approximately $3,219,564.36. The trade was a 3.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James H. Roth sold 2,000 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $128.42, for a total transaction of $256,840.00. Following the completion of the sale, the director now owns 54,825 shares of the company’s stock, valued at $7,040,626.50. This trade represents a 3.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,084 shares of company stock valued at $490,342 in the last three months. 2.20% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Benchmark restated a “buy” rating and set a $140.00 target price on shares of Huron Consulting Group in a research note on Wednesday, October 30th. StockNews.com raised Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. Finally, Barrington Research increased their price objective on shares of Huron Consulting Group from $137.00 to $142.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Huron Consulting Group currently has an average rating of “Buy” and a consensus target price of $133.00.

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.