Great Lakes Advisors LLC Invests $4.60 Million in Huron Consulting Group Inc. (NASDAQ:HURN)

Great Lakes Advisors LLC bought a new stake in Huron Consulting Group Inc. (NASDAQ:HURN) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 54,183 shares of the business services provider’s stock, valued at approximately $4,601,000. Great Lakes Advisors LLC owned 0.28% of Huron Consulting Group at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Russell Investments Group Ltd. raised its holdings in shares of Huron Consulting Group by 37,628.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,641 shares of the business services provider’s stock valued at $224,000 after buying an additional 2,634 shares during the period. Citigroup Inc. lifted its position in shares of Huron Consulting Group by 116.6% during the second quarter. Citigroup Inc. now owns 13,450 shares of the business services provider’s stock worth $1,142,000 after purchasing an additional 7,239 shares in the last quarter. Ieq Capital LLC purchased a new position in shares of Huron Consulting Group in the second quarter valued at $3,601,000. Principal Financial Group Inc. grew its holdings in Huron Consulting Group by 1,758.1% during the 2nd quarter. Principal Financial Group Inc. now owns 397,939 shares of the business services provider’s stock valued at $33,789,000 after purchasing an additional 376,523 shares in the last quarter. Finally, Navellier & Associates Inc. purchased a new stake in Huron Consulting Group during the 2nd quarter worth $429,000. Institutional investors and hedge funds own 92.43% of the company’s stock.

Insider Activity at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 300 shares of Huron Consulting Group stock in a transaction on Monday, November 6th. The shares were sold at an average price of $101.80, for a total value of $30,540.00. Following the completion of the transaction, the director now owns 58,119 shares of the company’s stock, valued at $5,916,514.20. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, Director John Mccartney sold 300 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $101.80, for a total transaction of $30,540.00. Following the completion of the transaction, the director now directly owns 58,119 shares of the company’s stock, valued at $5,916,514.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James H. Roth sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $103.40, for a total value of $206,800.00. Following the completion of the sale, the director now directly owns 78,331 shares in the company, valued at approximately $8,099,425.40. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,300 shares of company stock valued at $634,220. Corporate insiders own 2.02% of the company’s stock.

Huron Consulting Group Stock Down 1.0 %

NASDAQ:HURN opened at $105.23 on Tuesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.53 and a current ratio of 1.53. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 26.98 and a beta of 0.59. Huron Consulting Group Inc. has a one year low of $66.51 and a one year high of $113.31. The stock has a 50-day simple moving average of $102.51 and a 200 day simple moving average of $93.02.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Truist Financial upped their price objective on shares of Huron Consulting Group from $100.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, September 18th. StockNews.com upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Friday. Benchmark upped their target price on Huron Consulting Group from $100.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, July 28th. Finally, Barrington Research increased their target price on Huron Consulting Group from $120.00 to $128.00 and gave the company an “outperform” rating in a research note on Wednesday, November 8th.

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 advisory services in the areas of financial and operational improvement, care transformation, and revenue cycle managed services; organizational transformation; financial advisory; software products; and digital solutions, spanning technology and analytic-related services to national and regional health systems, academic and community health systems, public, children's and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.