XTX Topco Ltd Invests $625,000 in Huron Consulting Group Inc. (NASDAQ:HURN)

XTX Topco Ltd purchased a new stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 5,031 shares of the business services provider’s stock, valued at approximately $625,000.

Other large investors have also added to or reduced their stakes in the company. Heck Capital Advisors LLC bought a new stake in shares of Huron Consulting Group in the fourth quarter worth about $33,000. Cibc World Markets Corp purchased a new position in shares of Huron Consulting Group during the 4th quarter worth approximately $204,000. Xponance Inc. bought a new position in shares of Huron Consulting Group in the 4th quarter worth approximately $204,000. Aigen Investment Management LP bought a new stake in shares of Huron Consulting Group during the fourth quarter valued at approximately $211,000. Finally, Avantax Advisory Services Inc. purchased a new stake in Huron Consulting Group in the fourth quarter worth $213,000. Institutional investors own 93.90% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on HURN. Wedbush upped their target price on shares of Huron Consulting Group from $150.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 26th. Benchmark reaffirmed a “buy” rating and set a $165.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, March 26th. Truist Financial upped their target price on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Tuesday, March 4th. William Blair reissued an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, March 26th. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $167.00 price objective on shares of Huron Consulting Group in a report on Thursday, March 27th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $169.25.

Insider Activity at Huron Consulting Group

In related news, CEO C. Mark Hussey sold 27,672 shares of Huron Consulting Group stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $145.91, for a total value of $4,037,621.52. Following the completion of the transaction, the chief executive officer now owns 81,118 shares in the company, valued at approximately $11,835,927.38. This trade represents a 25.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John Mccartney sold 500 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $151.13, for a total value of $75,565.00. Following the sale, the director now owns 55,688 shares in the company, valued at approximately $8,416,127.44. This trade represents a 0.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 78,781 shares of company stock valued at $11,484,452. 2.02% of the stock is owned by corporate insiders.

Huron Consulting Group Stock Performance

HURN opened at $141.50 on Friday. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of 30.76 and a beta of 0.37. Huron Consulting Group Inc. has a fifty-two week low of $84.26 and a fifty-two week high of $153.85. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61. The company has a fifty day moving average of $140.98 and a 200 day moving average of $127.26.

Huron Consulting Group (NASDAQ:HURN) last posted its earnings results on Tuesday, February 25th. The business services provider reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.38. The company had revenue of $399.31 million for the quarter, compared to the consensus estimate of $380.62 million. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. As a group, sell-side analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share 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.