Andina Capital Management LLC Acquires 107 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Andina Capital Management LLC increased its stake in Huron Consulting Group Inc. (NASDAQ:HURN) by 3.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,296 shares of the business services provider’s stock after buying an additional 107 shares during the period. Andina Capital Management LLC’s holdings in Huron Consulting Group were worth $410,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. Dakota Wealth Management boosted its position in Huron Consulting Group by 4.0% during the fourth quarter. Dakota Wealth Management now owns 2,250 shares of the business services provider’s stock worth $280,000 after purchasing an additional 87 shares during the period. Harbor Capital Advisors Inc. grew its holdings in Huron Consulting Group by 8.8% during the 4th quarter. Harbor Capital Advisors Inc. now owns 8,551 shares of the business services provider’s stock valued at $1,063,000 after buying an additional 695 shares in the last quarter. Diversified Trust Co lifted its holdings in shares of Huron Consulting Group by 9.1% in the fourth quarter. Diversified Trust Co now owns 5,907 shares of the business services provider’s stock worth $734,000 after buying an additional 493 shares in the last quarter. Nordea Investment Management AB boosted its position in shares of Huron Consulting Group by 4.7% in the fourth quarter. Nordea Investment Management AB now owns 74,244 shares of the business services provider’s stock valued at $9,321,000 after acquiring an additional 3,346 shares during the period. Finally, Principal Financial Group Inc. grew its stake in Huron Consulting Group by 4.7% during the third quarter. Principal Financial Group Inc. now owns 380,024 shares of the business services provider’s stock valued at $41,308,000 after acquiring an additional 17,146 shares in the last quarter. Institutional investors own 93.90% of the company’s stock.

Insiders Place Their Bets

In other Huron Consulting Group news, Director H Eugene Lockhart sold 1,042 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $115.82, for a total transaction of $120,684.44. Following the completion of the transaction, the director now owns 27,798 shares of the company’s stock, valued at approximately $3,219,564.36. This trade represents a 3.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $123.69, for a total transaction of $247,380.00. Following the completion of the transaction, the director now directly owns 50,534 shares of the company’s stock, valued at $6,250,550.46. This trade represents a 3.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,584 shares of company stock valued at $1,062,597. 2.02% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

HURN has been the topic of several recent analyst reports. Benchmark reiterated a “buy” rating and issued a $140.00 target price on shares of Huron Consulting Group in a research note on Wednesday, October 30th. StockNews.com raised Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Thursday, October 31st. Finally, Barrington Research upped their target price on Huron Consulting Group from $137.00 to $142.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $133.00.

Huron Consulting Group Stock Performance

NASDAQ HURN opened at $125.07 on Friday. Huron Consulting Group Inc. has a 52-week low of $84.26 and a 52-week high of $131.06. The company has a fifty day moving average of $123.54 and a 200-day moving average of $114.10. The company has a market capitalization of $2.22 billion, a P/E ratio of 27.19 and a beta of 0.60. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61.

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

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.