Congress Asset Management Co. Acquires 6,521 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Congress Asset Management Co. increased its holdings in Huron Consulting Group Inc. (NASDAQ:HURN) by 9.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 79,095 shares of the business services provider’s stock after purchasing an additional 6,521 shares during the quarter. Congress Asset Management Co. owned approximately 0.45% of Huron Consulting Group worth $9,828,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Heck Capital Advisors LLC bought a new stake in shares of Huron Consulting Group in the fourth quarter worth $33,000. Assetmark Inc. boosted its position in Huron Consulting Group by 7.0% during the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock valued at $149,000 after acquiring an additional 90 shares during the last quarter. MML Investors Services LLC bought a new stake in Huron Consulting Group during the third quarter valued at $220,000. Peapack Gladstone Financial Corp bought a new stake in Huron Consulting Group during the third quarter valued at $220,000. Finally, Orion Portfolio Solutions LLC bought a new stake in Huron Consulting Group during the third quarter valued at $264,000. Institutional investors own 93.90% of the company’s stock.

Insider Transactions at Huron Consulting Group

In related news, Director James H. Roth sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $123.70, for a total value of $247,400.00. Following the transaction, the director now owns 52,825 shares of the company’s stock, valued at approximately $6,534,452.50. This trade represents a 3.65 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Mccartney sold 500 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $124.65, for a total transaction of $62,325.00. Following the completion of the transaction, the director now directly owns 56,688 shares in the company, valued at approximately $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 valued at $1,067,539 in the last 90 days. 2.02% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Wedbush assumed coverage on shares of Huron Consulting Group in a research report on Monday, February 3rd. They set an “outperform” rating on the stock. StockNews.com raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Barrington Research upped their price target on shares of Huron Consulting Group from $137.00 to $142.00 and gave the company an “outperform” rating in a research report on Monday, November 4th. Finally, Benchmark reissued a “buy” rating and set a $140.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, October 30th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $133.00.

Huron Consulting Group Price Performance

HURN stock opened at $128.54 on Monday. The stock has a market capitalization of $2.28 billion, a PE ratio of 27.94 and a beta of 0.59. The company’s 50-day moving average is $124.95 and its 200-day moving average is $116.28. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. Huron Consulting Group Inc. has a 1 year low of $84.26 and a 1 year high of $133.96.

Huron Consulting Group 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.