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

Chartwell Investment Partners LLC boosted its holdings in Huron Consulting Group Inc. (NASDAQ:HURN) by 43.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,196 shares of the business services provider’s stock after acquiring an additional 2,477 shares during the period. Chartwell Investment Partners LLC’s holdings in Huron Consulting Group were worth $891,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Assetmark Inc. increased its position in Huron Consulting Group by 7.0% during the 3rd 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 period. Andina Capital Management LLC increased its position in Huron Consulting Group by 4.5% during the 3rd quarter. Andina Capital Management LLC now owns 3,189 shares of the business services provider’s stock worth $347,000 after buying an additional 137 shares during the period. ProShare Advisors LLC increased its position in Huron Consulting Group by 6.0% during the 1st quarter. ProShare Advisors LLC now owns 3,342 shares of the business services provider’s stock worth $323,000 after buying an additional 188 shares during the period. Blair William & Co. IL increased its position in Huron Consulting Group by 2.1% during the 1st quarter. Blair William & Co. IL now owns 10,512 shares of the business services provider’s stock worth $1,016,000 after buying an additional 218 shares during the period. Finally, Creative Planning increased its position in Huron Consulting Group by 10.5% during the 3rd 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 period. Institutional investors own 93.90% of the company’s stock.

Analyst Ratings Changes

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

Insider Activity at Huron Consulting Group

In related news, Director H Eugene Lockhart sold 1,042 shares of the stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $108.27, for a total value of $112,817.34. Following the completion of the transaction, the director now owns 28,840 shares of the company’s stock, valued at $3,122,506.80. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, Director James H. Roth sold 2,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $128.42, for a total value of $256,840.00. Following the completion of the transaction, the director now owns 54,825 shares of the company’s stock, valued at $7,040,626.50. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director H Eugene Lockhart sold 1,042 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $3,122,506.80. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 5,348 shares of company stock valued at $627,712 in the last quarter. Insiders own 2.02% of the company’s stock.

Huron Consulting Group Stock Down 0.8 %

Shares of NASDAQ HURN opened at $128.78 on Wednesday. The stock’s fifty day moving average is $110.04 and its 200 day moving average is $102.60. The stock has a market capitalization of $2.28 billion, a P/E ratio of 28.00 and a beta of 0.60. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61. Huron Consulting Group Inc. has a 52 week low of $84.26 and a 52 week high of $131.06.

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, topping 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 for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 earnings per share. Sell-side analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

About Huron Consulting Group

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.