Universal Beteiligungs und Servicegesellschaft mbH Sells 4,451 Shares of Huron Consulting Group Inc. $HURN

Universal Beteiligungs und Servicegesellschaft mbH trimmed its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 20.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,443 shares of the business services provider’s stock after selling 4,451 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Huron Consulting Group were worth $2,560,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. California State Teachers Retirement System grew its holdings in shares of Huron Consulting Group by 0.5% during the 2nd quarter. California State Teachers Retirement System now owns 16,396 shares of the business services provider’s stock worth $2,255,000 after purchasing an additional 76 shares in the last quarter. Richardson Financial Services Inc. raised its stake in shares of Huron Consulting Group by 68.1% in the third quarter. Richardson Financial Services Inc. now owns 195 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 79 shares in the last quarter. Savant Capital LLC lifted its position in Huron Consulting Group by 6.9% in the second quarter. Savant Capital LLC now owns 1,686 shares of the business services provider’s stock worth $232,000 after purchasing an additional 109 shares during the period. Harbor Capital Advisors Inc. boosted its stake in Huron Consulting Group by 3.2% during the third quarter. Harbor Capital Advisors Inc. now owns 4,420 shares of the business services provider’s stock worth $649,000 after buying an additional 137 shares in the last quarter. Finally, Suncoast Equity Management boosted its stake in Huron Consulting Group by 3.1% during the third quarter. Suncoast Equity Management now owns 5,735 shares of the business services provider’s stock worth $842,000 after buying an additional 170 shares in the last quarter. Institutional investors and hedge funds own 93.90% of the company’s stock.

Huron Consulting Group Stock Down 1.4%

NASDAQ HURN opened at $166.82 on Friday. The stock’s 50 day simple moving average is $174.84 and its 200 day simple moving average is $154.98. Huron Consulting Group Inc. has a one year low of $120.25 and a one year high of $186.77. The firm has a market cap of $2.88 billion, a PE ratio of 27.94 and a beta of 0.11. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.44 and a quick ratio of 1.44.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Tuesday, October 28th. The business services provider reported $2.10 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.24. The company had revenue of $441.28 million for the quarter, compared to analyst estimates of $418.13 million. Huron Consulting Group had a return on equity of 27.06% and a net margin of 6.54%.The business’s revenue was up 16.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.68 earnings per share. As a group, sell-side analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

HURN has been the subject of several recent research reports. Truist Financial increased their price target on shares of Huron Consulting Group from $180.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. Wedbush upped their price objective on Huron Consulting Group from $165.00 to $200.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a research report on Thursday, January 22nd. Barrington Research upped their price target on Huron Consulting Group from $190.00 to $207.00 and gave the company an “outperform” rating in a research report on Monday, January 5th. Finally, Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Huron Consulting Group currently has an average rating of “Buy” and an average price target of $215.50.

Insiders Place Their Bets

In other Huron Consulting Group news, Director Ekta Singh-Bushell sold 1,000 shares of the business’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $178.55, for a total value of $178,550.00. Following the completion of the transaction, the director directly owned 14,341 shares of the company’s stock, valued at approximately $2,560,585.55. The trade was a 6.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Debra Zumwalt sold 170 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $170.89, for a total transaction of $29,051.30. Following the transaction, the director owned 26,469 shares in the company, valued at $4,523,287.41. The trade was a 0.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 13,458 shares of company stock valued at $2,212,726 over the last three months. Company insiders own 2.15% of the company’s stock.

Huron Consulting Group Company Profile

Huron Consulting Group (NASDAQ:HURN) is a global professional services firm that advises organizations across a range of industries on strategy, operations and technology. Founded in 2002 and headquartered in Chicago, the company helps clients address complex business challenges such as performance improvement, digital transformation and organizational change. Huron’s consultants work alongside executive leadership teams to develop and implement tailored solutions that drive growth, increase efficiency and manage risk.

Huron’s service offerings encompass business and financial advisory, healthcare performance improvement, life sciences consulting, higher education and research lifecycle support, as well as legal and regulatory consulting.