Huron Consulting Group Inc. (NASDAQ:HURN) Shares Purchased by Headlands Technologies LLC

Headlands Technologies LLC increased its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 2,020.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 954 shares of the business services provider’s stock after purchasing an additional 909 shares during the period. Headlands Technologies LLC’s holdings in Huron Consulting Group were worth $98,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HURN. Vanguard Group Inc. raised its stake in shares of Huron Consulting Group by 6.7% during the 3rd quarter. Vanguard Group Inc. now owns 2,053,491 shares of the business services provider’s stock valued at $213,892,000 after buying an additional 128,274 shares during the last quarter. Redwood Investments LLC purchased a new position in Huron Consulting Group during the third quarter valued at approximately $11,509,000. American Century Companies Inc. lifted its holdings in Huron Consulting Group by 36.0% in the third quarter. American Century Companies Inc. now owns 233,224 shares of the business services provider’s stock valued at $24,293,000 after acquiring an additional 61,777 shares during the period. Jennison Associates LLC boosted its position in Huron Consulting Group by 7.3% in the 3rd quarter. Jennison Associates LLC now owns 885,714 shares of the business services provider’s stock worth $92,256,000 after purchasing an additional 60,418 shares in the last quarter. Finally, Panagora Asset Management Inc. acquired a new stake in shares of Huron Consulting Group during the 3rd quarter worth approximately $3,577,000. 93.90% of the stock is currently owned by institutional investors and hedge funds.

Huron Consulting Group Stock Performance

HURN opened at $93.68 on Tuesday. The firm’s fifty day simple moving average is $96.44 and its two-hundred day simple moving average is $100.66. Huron Consulting Group Inc. has a 52-week low of $70.66 and a 52-week high of $113.31. The company has a market cap of $1.73 billion, a price-to-earnings ratio of 29.28 and a beta of 0.58. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.61.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Tuesday, February 27th. The business services provider reported $1.29 EPS for the quarter, topping the consensus estimate of $1.12 by $0.17. The company had revenue of $339.23 million during the quarter, compared to analyst estimates of $341.71 million. Huron Consulting Group had a return on equity of 17.77% and a net margin of 4.47%. Huron Consulting Group’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.12 EPS. Equities analysts anticipate that Huron Consulting Group Inc. will post 5.64 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. StockNews.com cut shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 28th. Barrington Research upped their price objective on shares of Huron Consulting Group from $128.00 to $133.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 6th.

Insider Buying and Selling

In other Huron Consulting Group news, CEO C. Mark Hussey sold 4,000 shares of Huron Consulting Group stock in a transaction on Monday, February 12th. The shares were sold at an average price of $104.48, for a total transaction of $417,920.00. Following the sale, the chief executive officer now owns 98,286 shares of the company’s stock, valued at approximately $10,268,921.28. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, Director James H. Roth sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $103.22, for a total value of $206,440.00. Following the completion of the sale, the director now directly owns 68,040 shares in the company, valued at $7,023,088.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO C. Mark Hussey sold 4,000 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $104.48, for a total value of $417,920.00. Following the completion of the sale, the chief executive officer now directly owns 98,286 shares of the company’s stock, valued at approximately $10,268,921.28. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 42,080 shares of company stock worth $4,146,076. 2.20% of the stock is owned by corporate insiders.

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.