Leeward Investments LLC MA Lowers Stock Holdings in Huron Consulting Group Inc. (NASDAQ:HURN)

Leeward Investments LLC MA lowered its holdings in Huron Consulting Group Inc. (NASDAQ:HURN) by 16.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 232,349 shares of the business services provider’s stock after selling 47,201 shares during the period. Huron Consulting Group accounts for 1.1% of Leeward Investments LLC MA’s investment portfolio, making the stock its 20th biggest position. Leeward Investments LLC MA owned about 1.24% of Huron Consulting Group worth $23,885,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Huron Consulting Group by 6.7% in the third quarter. Vanguard Group Inc. now owns 2,053,491 shares of the business services provider’s stock valued at $213,892,000 after acquiring an additional 128,274 shares during the last quarter. Jennison Associates LLC boosted its holdings in Huron Consulting Group by 7.3% in the third quarter. Jennison Associates LLC now owns 885,714 shares of the business services provider’s stock valued at $92,256,000 after acquiring an additional 60,418 shares during the last quarter. American Century Companies Inc. boosted its holdings in Huron Consulting Group by 36.0% in the third quarter. American Century Companies Inc. now owns 233,224 shares of the business services provider’s stock valued at $24,293,000 after acquiring an additional 61,777 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Huron Consulting Group by 0.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 196,221 shares of the business services provider’s stock valued at $20,438,000 after acquiring an additional 696 shares during the last quarter. Finally, Redwood Investments LLC acquired a new position in Huron Consulting Group in the third quarter valued at $11,509,000. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Trading Down 0.2 %

Shares of HURN opened at $93.63 on Friday. The stock’s 50-day moving average is $96.67 and its two-hundred day moving average is $100.80. The stock has a market cap of $1.73 billion, a PE ratio of 29.26 and a beta of 0.58. Huron Consulting Group Inc. has a 12 month low of $70.66 and a 12 month high of $113.31. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.32 and a quick ratio of 1.32.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings data on Tuesday, February 27th. The business services provider reported $1.29 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.17. Huron Consulting Group had a return on equity of 17.77% and a net margin of 4.47%. The company had revenue of $339.23 million for the quarter, compared to analysts’ expectations of $341.71 million. During the same quarter in the previous year, the firm posted $1.12 earnings per share. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. Equities analysts forecast that Huron Consulting Group Inc. will post 5.64 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Barrington Research lifted their target price on Huron Consulting Group from $128.00 to $133.00 and gave the company an “outperform” rating in a report on Wednesday, March 6th. StockNews.com cut Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Wednesday, February 28th.

Insider Activity

In other news, CEO C. Mark Hussey sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $104.48, for a total transaction of $417,920.00. Following the completion of the transaction, the chief executive officer now directly owns 98,286 shares of the company’s stock, valued at $10,268,921.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director James H. Roth sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $103.22, for a total transaction of $206,440.00. Following the completion of the transaction, the director now directly owns 68,040 shares in the company, valued at $7,023,088.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO C. Mark Hussey sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $104.48, for a total value of $417,920.00. Following the transaction, the chief executive officer now owns 98,286 shares of the company’s stock, valued at $10,268,921.28. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 42,080 shares of company stock valued at $4,146,076. 2.02% of the stock is currently owned by 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.