Diversified Trust Co Boosts Stake in Huron Consulting Group Inc. (NASDAQ:HURN)

Diversified Trust Co increased its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 21.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,072 shares of the business services provider’s stock after buying an additional 903 shares during the quarter. Diversified Trust Co’s holdings in Huron Consulting Group were worth $490,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Semanteon Capital Management LP purchased a new stake in Huron Consulting Group during the 4th quarter valued at about $1,166,000. Norges Bank purchased a new stake in Huron Consulting Group in the fourth quarter valued at approximately $14,460,000. BNP Paribas Financial Markets increased its holdings in Huron Consulting Group by 116.8% in the 4th quarter. BNP Paribas Financial Markets now owns 49,589 shares of the business services provider’s stock worth $5,098,000 after buying an additional 26,714 shares during the period. Alpha DNA Investment Management LLC purchased a new position in Huron Consulting Group during the 4th quarter worth approximately $482,000. Finally, CenterBook Partners LP lifted its stake in Huron Consulting Group by 15.9% during the 4th quarter. CenterBook Partners LP now owns 10,805 shares of the business services provider’s stock valued at $1,111,000 after acquiring an additional 1,485 shares during the period. 93.90% of the stock is owned by hedge funds and other institutional investors.

Huron Consulting Group Trading Down 1.6 %

Shares of Huron Consulting Group stock opened at $97.69 on Thursday. The firm has a 50-day simple moving average of $91.91 and a two-hundred day simple moving average of $96.98. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.40 and a current ratio of 2.40. Huron Consulting Group Inc. has a fifty-two week low of $77.99 and a fifty-two week high of $113.31. The company has a market cap of $1.76 billion, a P/E ratio of 28.15 and a beta of 0.61.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, April 30th. The business services provider reported $1.23 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.35. The firm had revenue of $355.96 million during the quarter, compared to analyst estimates of $348.80 million. Huron Consulting Group had a return on equity of 19.21% and a net margin of 4.67%. Huron Consulting Group’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.87 EPS. As a group, equities analysts predict that Huron Consulting Group Inc. will post 5.83 earnings per share for the current fiscal year.

Insider Transactions at Huron Consulting Group

In related news, Director John Mccartney sold 300 shares of Huron Consulting Group stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $89.00, for a total value of $26,700.00. Following the sale, the director now owns 57,988 shares of the company’s stock, valued at approximately $5,160,932. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 2,159 shares of company stock valued at $203,549 in the last three months. 2.20% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

HURN has been the topic of a number of research reports. Barrington Research reiterated an “outperform” rating and issued a $133.00 price objective on shares of Huron Consulting Group in a research note on Tuesday, May 28th. Truist Financial reaffirmed a “buy” rating and set a $140.00 price target on shares of Huron Consulting Group in a research report on Thursday, May 16th. Wedbush reissued an “outperform” rating and issued a $110.00 price objective on shares of Huron Consulting Group in a report on Thursday, May 23rd. Finally, Benchmark reaffirmed a “buy” rating and set a $140.00 target price on shares of Huron Consulting Group in a report on Monday. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $130.75.

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.