Federated Hermes Inc. Has $10.79 Million Stock Holdings in Huron Consulting Group Inc. (NASDAQ:HURN)

Federated Hermes Inc. boosted its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 1.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 86,859 shares of the business services provider’s stock after buying an additional 1,161 shares during the period. Federated Hermes Inc.’s holdings in Huron Consulting Group were worth $10,793,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC increased its holdings in shares of Huron Consulting Group by 61.3% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 11,972 shares of the business services provider’s stock valued at $1,488,000 after purchasing an additional 4,550 shares during the period. Wellington Management Group LLP grew its position in Huron Consulting Group by 29.1% during the third quarter. Wellington Management Group LLP now owns 538,290 shares of the business services provider’s stock valued at $58,512,000 after purchasing an additional 121,371 shares in the last quarter. Franklin Resources Inc. lifted its position in Huron Consulting Group by 20.5% in the 3rd quarter. Franklin Resources Inc. now owns 395,788 shares of the business services provider’s stock worth $42,306,000 after buying an additional 67,239 shares in the last quarter. Aigen Investment Management LP acquired a new stake in shares of Huron Consulting Group during the 4th quarter valued at $211,000. Finally, Congress Asset Management Co. grew its holdings in shares of Huron Consulting Group by 9.0% during the 4th quarter. Congress Asset Management Co. now owns 79,095 shares of the business services provider’s stock valued at $9,828,000 after acquiring an additional 6,521 shares in the last quarter. 93.90% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $151.13, for a total value of $75,565.00. Following the transaction, the director now directly owns 55,688 shares of the company’s stock, valued at $8,416,127.44. The trade was a 0.89 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director James H. Roth sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $126.03, for a total value of $252,060.00. Following the transaction, the director now owns 48,534 shares of the company’s stock, valued at approximately $6,116,740.02. This trade represents a 3.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 78,781 shares of company stock valued at $11,484,452 in the last quarter. Insiders own 2.02% of the company’s stock.

Huron Consulting Group Stock Down 0.9 %

Shares of HURN stock opened at $142.83 on Friday. The company has a market capitalization of $2.56 billion, a price-to-earnings ratio of 31.05 and a beta of 0.37. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61. The stock’s 50 day simple moving average is $139.30 and its 200 day simple moving average is $126.21. Huron Consulting Group Inc. has a twelve month low of $84.26 and a twelve month high of $153.85.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings data on Tuesday, February 25th. The business services provider reported $1.90 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.38. The business had revenue of $399.31 million during the quarter, compared to analysts’ expectations of $380.62 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. As a group, research analysts predict that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Analyst Upgrades and Downgrades

HURN has been the subject of several recent research reports. William Blair reiterated an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, March 26th. 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. Wedbush increased their price objective on Huron Consulting Group from $150.00 to $165.00 and gave the stock an “outperform” rating in a report on Wednesday, March 26th. Barrington Research reiterated an “outperform” rating and issued a $167.00 target price on shares of Huron Consulting Group in a research note on Thursday, March 27th. Finally, Truist Financial increased their price target 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. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $169.25.

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.