Torray Investment Partners LLC raised its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN – Free Report) by 141.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,016 shares of the business services provider’s stock after acquiring an additional 7,616 shares during the quarter. Torray Investment Partners LLC owned about 0.08% of Huron Consulting Group worth $2,251,000 as of its most recent SEC filing.
A number of other institutional investors have also bought and sold shares of the company. Ninety One UK Ltd boosted its position in Huron Consulting Group by 5.2% during the fourth quarter. Ninety One UK Ltd now owns 59,689 shares of the business services provider’s stock valued at $10,321,000 after acquiring an additional 2,943 shares during the last quarter. Moran Wealth Management LLC boosted its position in shares of Huron Consulting Group by 18.2% during the 4th quarter. Moran Wealth Management LLC now owns 5,154 shares of the business services provider’s stock worth $891,000 after purchasing an additional 794 shares in the last quarter. CWM LLC boosted its position in shares of Huron Consulting Group by 14.9% during the 4th quarter. CWM LLC now owns 464 shares of the business services provider’s stock worth $80,000 after purchasing an additional 60 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of Huron Consulting Group by 11,353.3% during the 4th quarter. Farther Finance Advisors LLC now owns 1,718 shares of the business services provider’s stock worth $297,000 after purchasing an additional 1,703 shares in the last quarter. Finally, Oak Ridge Investments LLC bought a new position in shares of Huron Consulting Group during the 4th quarter worth about $2,432,000. Institutional investors own 93.90% of the company’s stock.
Huron Consulting Group Stock Down 3.0%
NASDAQ:HURN traded down $3.78 on Thursday, hitting $123.66. The stock had a trading volume of 18,584 shares, compared to its average volume of 285,491. The firm’s fifty day simple moving average is $130.80 and its two-hundred day simple moving average is $154.46. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.17 and a current ratio of 1.17. Huron Consulting Group Inc. has a 1 year low of $116.12 and a 1 year high of $186.77. The stock has a market cap of $2.05 billion, a P/E ratio of 21.08 and a beta of 0.19.
Insider Activity
In other news, Director John Mccartney sold 500 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $127.68, for a total transaction of $63,840.00. Following the completion of the sale, the director owned 40,817 shares in the company, valued at $5,211,514.56. This trade represents a 1.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 1,296 shares of company stock worth $185,796. Company insiders own 2.07% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on HURN shares. Wedbush started coverage on shares of Huron Consulting Group in a research report on Thursday, April 9th. They set an “outperform” rating and a $160.00 price objective on the stock. Benchmark increased their price objective on shares of Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Wednesday, December 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Huron Consulting Group in a research report on Thursday, January 22nd. Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 18th. Finally, Barrington Research upped their target price on shares of Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a report on Monday, January 5th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $205.50.
View Our Latest Report on Huron Consulting Group
Huron Consulting Group 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.
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