Swiss National Bank Has $4.35 Million Stake in Huron Consulting Group Inc. (NASDAQ:HURN)

Swiss National Bank lowered its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 0.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 35,000 shares of the business services provider’s stock after selling 200 shares during the quarter. Swiss National Bank’s holdings in Huron Consulting Group were worth $4,349,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Natixis Advisors LLC grew its holdings in shares of Huron Consulting Group by 32.7% during the 3rd quarter. Natixis Advisors LLC now owns 18,571 shares of the business services provider’s stock worth $2,019,000 after purchasing an additional 4,576 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Huron Consulting Group during the third quarter worth about $457,000. Intech Investment Management LLC acquired a new stake in Huron Consulting Group during the third quarter worth about $328,000. Dynamic Technology Lab Private Ltd bought a new position in Huron Consulting Group in the 3rd quarter valued at about $879,000. Finally, Quantbot Technologies LP raised its position in shares of Huron Consulting Group by 6,174.4% in the 3rd quarter. Quantbot Technologies LP now owns 10,541 shares of the business services provider’s stock valued at $1,146,000 after buying an additional 10,373 shares in the last quarter. Institutional investors own 93.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on HURN. Truist Financial increased their price target on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th. William Blair reiterated an “outperform” rating on shares of Huron Consulting Group in a research note on Monday, March 10th. Barrington Research upped their price objective on Huron Consulting Group from $142.00 to $167.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. Benchmark lifted their target price on Huron Consulting Group from $140.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday, February 26th. Finally, Wedbush started coverage on shares of Huron Consulting Group in a report on Monday, February 3rd. They issued an “outperform” rating for the company. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $155.50.

Huron Consulting Group Trading Up 1.5 %

NASDAQ HURN opened at $145.00 on Wednesday. The company has a market cap of $2.56 billion, a price-to-earnings ratio of 31.52 and a beta of 0.53. Huron Consulting Group Inc. has a twelve month low of $84.26 and a twelve month high of $153.85. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82. The business’s fifty day moving average is $135.24 and its 200 day moving average is $123.06.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, February 25th. The business services provider reported $1.90 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.38. The firm had revenue of $399.31 million for the quarter, compared to analyst estimates 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 expect that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Insiders Place Their Bets

In other Huron Consulting Group news, Director James H. Roth sold 8,642 shares of the company’s stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $149.27, for a total value of $1,289,991.34. Following the sale, the director now owns 56,279 shares in the company, valued at approximately $8,400,766.33. The trade was a 13.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director H Eugene Lockhart sold 1,042 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $125.15, for a total transaction of $130,406.30. Following the sale, the director now directly owns 24,672 shares of the company’s stock, valued at $3,087,700.80. This represents a 4.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 72,140 shares of company stock valued at $10,492,517 in the last ninety days. 2.02% of the stock is currently owned by insiders.

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.