Hillsdale Investment Management Inc. Has $4.23 Million Holdings in Huron Consulting Group Inc. (NASDAQ:HURN)

Hillsdale Investment Management Inc. lifted its position in Huron Consulting Group Inc. (NASDAQ:HURN) by 0.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,060 shares of the business services provider’s stock after purchasing an additional 160 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Huron Consulting Group were worth $4,232,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HURN. Heck Capital Advisors LLC bought a new position in shares of Huron Consulting Group during the 4th quarter worth about $33,000. Cibc World Markets Corp bought a new position in Huron Consulting Group during the fourth quarter worth about $204,000. Xponance Inc. acquired a new stake in Huron Consulting Group during the fourth quarter valued at approximately $204,000. Aigen Investment Management LP bought a new stake in shares of Huron Consulting Group in the 4th quarter valued at approximately $211,000. Finally, Avantax Advisory Services Inc. acquired a new position in shares of Huron Consulting Group in the 4th quarter worth approximately $213,000. 93.90% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Huron Consulting Group Trading Down 5.2 %

NASDAQ:HURN opened at $140.87 on Friday. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82. Huron Consulting Group Inc. has a twelve month low of $84.26 and a twelve month high of $153.85. The business has a 50 day moving average price of $134.50 and a two-hundred day moving average price of $122.42. The company has a market cap of $2.49 billion, a P/E ratio of 30.62 and a beta of 0.53.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.38. The business had revenue of $399.31 million for the quarter, compared to the consensus estimate of $380.62 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. As a group, analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO C. Mark Hussey sold 27,672 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $145.91, for a total value of $4,037,621.52. Following the sale, the chief executive officer now directly owns 81,118 shares in the company, valued at approximately $11,835,927.38. This trade represents a 25.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 completion of the transaction, the director now directly owns 56,279 shares of the company’s stock, valued at approximately $8,400,766.33. The trade was a 13.31 % 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 over the last 90 days. 2.02% of the stock is owned by corporate insiders.

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.