Huron Consulting Group Inc. (NASDAQ:HURN) Holdings Decreased by Teacher Retirement System of Texas

Teacher Retirement System of Texas reduced its holdings in Huron Consulting Group Inc. (NASDAQ:HURN) by 0.8% in the 4th quarter, Holdings Channel reports. The fund owned 23,993 shares of the business services provider’s stock after selling 196 shares during the period. Teacher Retirement System of Texas’ holdings in Huron Consulting Group were worth $2,981,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of HURN. Heck Capital Advisors LLC acquired a new stake in Huron Consulting Group during the fourth quarter valued at $33,000. Cibc World Markets Corp acquired a new stake in shares of Huron Consulting Group during the 4th quarter valued at about $204,000. Xponance Inc. acquired a new stake in shares of Huron Consulting Group during the 4th quarter valued at about $204,000. Aigen Investment Management LP acquired a new position in Huron Consulting Group in the fourth quarter worth approximately $211,000. Finally, Avantax Advisory Services Inc. bought a new position in Huron Consulting Group during the fourth quarter valued at approximately $213,000. 93.90% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently commented on HURN shares. Wedbush started coverage on shares of Huron Consulting Group in a research note on Monday, February 3rd. They set an “outperform” rating on the stock. William Blair restated an “outperform” rating on shares of Huron Consulting Group in a report on Monday, March 10th. Benchmark upped their price target on Huron Consulting Group from $140.00 to $165.00 and gave the stock a “buy” rating in a research note on Wednesday, February 26th. Truist Financial raised their price objective on Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th. Finally, Barrington Research upped their target price on Huron Consulting Group from $142.00 to $167.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $155.50.

Huron Consulting Group Trading Up 1.5 %

Huron Consulting Group stock opened at $145.00 on Wednesday. Huron Consulting Group Inc. has a 52 week low of $84.26 and a 52 week high of $153.85. 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 firm has a market capitalization of $2.56 billion, a PE ratio of 31.52 and a beta of 0.53. The business’s 50-day simple moving average is $135.24 and its 200-day simple moving average is $123.06.

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

Insider Buying and Selling at Huron Consulting Group

In related news, CEO C. Mark Hussey sold 27,672 shares of Huron Consulting Group stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $145.91, for a total transaction of $4,037,621.52. Following the sale, the chief executive officer now directly owns 81,118 shares of the company’s stock, valued at $11,835,927.38. This trade represents a 25.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James H. Roth sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of $123.69, for a total value of $247,380.00. Following the completion of the transaction, the director now directly owns 50,534 shares of the company’s stock, valued at approximately $6,250,550.46. This trade represents a 3.81 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 72,140 shares of company stock valued at $10,492,517 in the last ninety days. Company insiders own 2.02% of the company’s stock.

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.