Dakota Wealth Management Acquires 87 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Dakota Wealth Management increased its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 4.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,250 shares of the business services provider’s stock after acquiring an additional 87 shares during the quarter. Dakota Wealth Management’s holdings in Huron Consulting Group were worth $280,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of HURN. Envestnet Asset Management Inc. raised its position in shares of Huron Consulting Group by 22.1% in the second quarter. Envestnet Asset Management Inc. now owns 62,909 shares of the business services provider’s stock valued at $6,197,000 after buying an additional 11,401 shares in the last quarter. Bank of Montreal Can raised its holdings in Huron Consulting Group by 121.8% in the 2nd quarter. Bank of Montreal Can now owns 7,014 shares of the business services provider’s stock valued at $694,000 after acquiring an additional 3,851 shares in the last quarter. AXA S.A. lifted its position in shares of Huron Consulting Group by 29.0% during the 2nd quarter. AXA S.A. now owns 29,930 shares of the business services provider’s stock valued at $2,948,000 after acquiring an additional 6,730 shares during the period. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Huron Consulting Group during the 2nd quarter worth $999,000. Finally, Aristides Capital LLC bought a new position in shares of Huron Consulting Group in the second quarter worth $296,000. Institutional investors and hedge funds own 93.90% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on HURN. StockNews.com raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Benchmark reaffirmed a “buy” rating and set a $140.00 price target on shares of Huron Consulting Group in a report on Wednesday, October 30th. Finally, Barrington Research lifted their price objective on shares of Huron Consulting Group from $137.00 to $142.00 and gave the company an “outperform” rating in a research note on Monday, November 4th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $133.00.

Insider Buying and Selling

In other Huron Consulting Group news, Director James H. Roth sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $128.42, for a total transaction of $256,840.00. Following the sale, the director now directly owns 54,825 shares of the company’s stock, valued at $7,040,626.50. The trade was a 3.52 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John Mccartney sold 500 shares of the firm’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $124.65, for a total transaction of $62,325.00. Following the transaction, the director now directly owns 56,688 shares of the company’s stock, valued at $7,066,159.20. The trade was a 0.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,584 shares of company stock worth $1,062,597 in the last 90 days. Insiders own 2.02% of the company’s stock.

Huron Consulting Group Stock Down 0.7 %

HURN stock opened at $125.07 on Friday. The firm has a 50-day moving average price of $123.54 and a 200-day moving average price of $114.10. Huron Consulting Group Inc. has a 12 month low of $84.26 and a 12 month high of $131.06. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $2.22 billion, a P/E ratio of 27.19 and a beta of 0.60.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, October 29th. The business services provider reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.11. The firm had revenue of $370.00 million for the quarter, compared to analyst estimates of $377.63 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The company’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter last year, the business posted $1.39 earnings per share. As a group, equities research analysts anticipate that Huron Consulting Group Inc. will post 6.1 EPS 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.