Alpha DNA Investment Management LLC Takes $482,000 Position in Huron Consulting Group Inc. (NASDAQ:HURN)

Alpha DNA Investment Management LLC acquired a new stake in shares of Huron Consulting Group Inc. (NASDAQ:HURNFree Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,687 shares of the business services provider’s stock, valued at approximately $482,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Principal Securities Inc. bought a new stake in shares of Huron Consulting Group during the 4th quarter valued at $25,000. International Assets Investment Management LLC bought a new stake in shares of Huron Consulting Group during the 4th quarter valued at $42,000. Quest Partners LLC bought a new stake in shares of Huron Consulting Group during the 4th quarter valued at $97,000. Headlands Technologies LLC grew its stake in Huron Consulting Group by 2,020.0% during the fourth quarter. Headlands Technologies LLC now owns 954 shares of the business services provider’s stock valued at $98,000 after acquiring an additional 909 shares in the last quarter. Finally, USA Financial Formulas grew its stake in Huron Consulting Group by 3,273.3% during the fourth quarter. USA Financial Formulas now owns 1,012 shares of the business services provider’s stock valued at $104,000 after acquiring an additional 982 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HURN. Benchmark reaffirmed a “buy” rating and set a $140.00 target price on shares of Huron Consulting Group in a research note on Monday, May 13th. Wedbush reaffirmed an “outperform” rating and set a $110.00 target price on shares of Huron Consulting Group in a research note on Thursday, May 23rd. StockNews.com cut shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 28th. Barrington Research reaffirmed an “outperform” rating and set a $133.00 target price on shares of Huron Consulting Group in a research note on Tuesday, May 28th. Finally, Truist Financial reaffirmed a “buy” rating and set a $140.00 target price on shares of Huron Consulting Group in a research note on Thursday, May 16th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Huron Consulting Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $130.75.

Check Out Our Latest Analysis on HURN

Insider Activity

In other news, Director James H. Roth sold 9,517 shares of the company’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $99.28, for a total value of $944,847.76. Following the sale, the director now directly owns 83,239 shares of the company’s stock, valued at approximately $8,263,967.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director James H. Roth sold 9,517 shares of the stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $99.28, for a total transaction of $944,847.76. Following the sale, the director now owns 83,239 shares of the company’s stock, valued at $8,263,967.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO C. Mark Hussey sold 1,765 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $100.12, for a total transaction of $176,711.80. Following the completion of the sale, the chief executive officer now directly owns 121,728 shares in the company, valued at approximately $12,187,407.36. The disclosure for this sale can be found here. Insiders have sold 36,080 shares of company stock valued at $3,519,295 in the last ninety days. Insiders own 2.02% of the company’s stock.

Huron Consulting Group Trading Up 2.8 %

Shares of HURN stock traded up $2.39 during trading hours on Friday, reaching $88.31. 141,451 shares of the stock were exchanged, compared to its average volume of 131,625. Huron Consulting Group Inc. has a 12-month low of $77.99 and a 12-month high of $113.31. The company’s 50-day moving average price is $90.61 and its 200-day moving average price is $98.30. The firm has a market capitalization of $1.59 billion, a price-to-earnings ratio of 25.45 and a beta of 0.59. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 1.13.

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

Huron Consulting Group Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Huron Consulting Group (NASDAQ:HURN)

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