Chartwell Investment Partners LLC Acquires 2,477 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Chartwell Investment Partners LLC grew its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 43.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 8,196 shares of the business services provider’s stock after purchasing an additional 2,477 shares during the period. Chartwell Investment Partners LLC’s holdings in Huron Consulting Group were worth $891,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Covestor Ltd raised its stake in Huron Consulting Group by 26,500.0% during the first quarter. Covestor Ltd now owns 266 shares of the business services provider’s stock worth $26,000 after buying an additional 265 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in Huron Consulting Group during the second quarter worth $28,000. Assetmark Inc. raised its stake in Huron Consulting Group by 7.0% during the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock worth $149,000 after buying an additional 90 shares during the last quarter. Dakota Wealth Management bought a new position in Huron Consulting Group during the second quarter worth $219,000. Finally, Creative Planning raised its stake in Huron Consulting Group by 10.5% during the third quarter. Creative Planning now owns 2,588 shares of the business services provider’s stock worth $281,000 after buying an additional 246 shares during the last quarter. Institutional investors own 93.90% of the company’s stock.

Insider Activity

In other news, Director H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $108.27, for a total transaction of $112,817.34. Following the completion of the transaction, the director now directly owns 28,840 shares in the company, valued at $3,122,506.80. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director James H. Roth sold 2,000 shares of the business’s 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 transaction, the director now directly owns 54,825 shares in the company, valued at approximately $7,040,626.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director H Eugene Lockhart sold 1,042 shares of the business’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $108.27, for a total transaction of $112,817.34. Following the transaction, the director now owns 28,840 shares in the company, valued at approximately $3,122,506.80. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,348 shares of company stock worth $627,712 over the last three months. 2.02% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on HURN. Benchmark reissued 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 upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. Finally, Barrington Research raised their price target on shares of Huron Consulting Group from $137.00 to $142.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $133.00.

Huron Consulting Group Trading Down 0.8 %

NASDAQ:HURN opened at $128.78 on Wednesday. The stock has a market capitalization of $2.28 billion, a price-to-earnings ratio of 28.00 and a beta of 0.60. The firm has a fifty day simple moving average of $110.04 and a two-hundred day simple moving average of $102.60. Huron Consulting Group Inc. has a 12 month low of $84.26 and a 12 month high of $131.06. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings data on Tuesday, October 29th. The business services provider reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business’s revenue was up 3.3% on a year-over-year basis. During the same period last year, the company earned $1.39 earnings per share. Analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

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 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.