Point72 DIFC Ltd Has $103,000 Stock Holdings in Huron Consulting Group Inc. (NASDAQ:HURN)

Point72 DIFC Ltd lowered its stake in Huron Consulting Group Inc. (NASDAQ:HURN) by 63.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 952 shares of the business services provider’s stock after selling 1,627 shares during the quarter. Point72 DIFC Ltd’s holdings in Huron Consulting Group were worth $103,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Quest Partners LLC increased its stake in shares of Huron Consulting Group by 131.9% in the 3rd quarter. Quest Partners LLC now owns 13,814 shares of the business services provider’s stock valued at $1,502,000 after acquiring an additional 7,858 shares during the last quarter. Victory Capital Management Inc. grew its holdings in Huron Consulting Group by 435.2% during the second quarter. Victory Capital Management Inc. now owns 64,674 shares of the business services provider’s stock valued at $6,370,000 after purchasing an additional 52,589 shares during the period. Natixis Advisors LLC increased its stake in Huron Consulting Group by 32.7% in the third quarter. Natixis Advisors LLC now owns 18,571 shares of the business services provider’s stock valued at $2,019,000 after purchasing an additional 4,576 shares in the last quarter. Atom Investors LP acquired a new stake in Huron Consulting Group in the third quarter worth $1,159,000. Finally, William Blair Investment Management LLC bought a new position in shares of Huron Consulting Group during the second quarter worth $9,533,000. 93.90% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on HURN shares. Benchmark restated a “buy” rating and issued a $140.00 price target on shares of Huron Consulting Group in a report on Wednesday, October 30th. Barrington Research increased their target price on Huron Consulting Group from $137.00 to $142.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. Finally, StockNews.com raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Thursday, October 31st. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $133.00.

Huron Consulting Group Trading Up 0.3 %

Shares of Huron Consulting Group stock opened at $123.11 on Monday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. The business has a fifty day simple moving average of $115.63 and a two-hundred day simple moving average of $107.09. Huron Consulting Group Inc. has a 1 year low of $84.26 and a 1 year high of $131.06. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 26.76 and a beta of 0.60.

Huron Consulting Group (NASDAQ:HURN) last posted its earnings results on Tuesday, October 29th. The business services provider reported $1.68 EPS for the quarter, beating the consensus estimate of $1.57 by $0.11. The company had revenue of $370.00 million for the quarter, compared to the consensus estimate of $377.63 million. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.39 earnings per share. Research analysts forecast that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Insider Activity at Huron Consulting Group

In other news, Director H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock in a transaction on Friday, November 1st. The stock was sold at an average price of $115.82, for a total value of $120,684.44. Following the transaction, the director now owns 27,798 shares in the company, valued at approximately $3,219,564.36. This trade represents a 3.61 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James H. Roth sold 2,000 shares of the company’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $123.70, for a total value of $247,400.00. Following the sale, the director now owns 52,825 shares of the company’s stock, valued at approximately $6,534,452.50. This represents a 3.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,126 shares of company stock worth $865,710. 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.