Rockefeller Capital Management L.P. Buys 13,219 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Rockefeller Capital Management L.P. boosted its stake in Huron Consulting Group Inc. (NASDAQ:HURN) by 12.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 116,446 shares of the business services provider’s stock after buying an additional 13,219 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.66% of Huron Consulting Group worth $14,470,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Jennison Associates LLC increased its position in Huron Consulting Group by 4.8% during the fourth quarter. Jennison Associates LLC now owns 601,335 shares of the business services provider’s stock worth $74,722,000 after acquiring an additional 27,329 shares during the period. Wellington Management Group LLP grew its position in shares of Huron Consulting Group by 0.9% during the 4th quarter. Wellington Management Group LLP now owns 543,236 shares of the business services provider’s stock worth $67,503,000 after purchasing an additional 4,946 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Huron Consulting Group by 16.4% during the fourth quarter. Franklin Resources Inc. now owns 460,650 shares of the business services provider’s stock worth $57,240,000 after purchasing an additional 64,862 shares during the period. State Street Corp raised its position in shares of Huron Consulting Group by 2.1% in the third quarter. State Street Corp now owns 445,694 shares of the business services provider’s stock valued at $48,447,000 after buying an additional 8,972 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of Huron Consulting Group by 4.7% in 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 buying an additional 17,146 shares during the period. 93.90% of the stock is owned by institutional investors.

Huron Consulting Group Stock Performance

Huron Consulting Group stock opened at $142.38 on Wednesday. The stock has a market cap of $2.55 billion, a PE ratio of 30.95 and a beta of 0.37. 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 12-month low of $84.26 and a 12-month high of $153.85. The business’s 50-day moving average price is $140.33 and its two-hundred day moving average price is $126.94.

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

Insider Activity

In other Huron Consulting Group news, Director H Eugene Lockhart sold 1,042 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $125.15, for a total value of $130,406.30. Following the completion of the transaction, the director now owns 24,672 shares of the company’s stock, valued at $3,087,700.80. This represents a 4.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John Mccartney sold 500 shares of the stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $142.67, for a total value of $71,335.00. Following the completion of the transaction, the director now owns 52,121 shares of the company’s stock, valued at $7,436,103.07. This represents a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 78,781 shares of company stock worth $11,484,452. Insiders own 2.02% of the company’s stock.

Analysts Set New Price Targets

HURN has been the subject of several analyst reports. William Blair reaffirmed an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, March 26th. Truist Financial upped their price objective on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th. Barrington Research reissued an “outperform” rating and issued a $167.00 target price on shares of Huron Consulting Group in a report on Thursday, March 27th. Benchmark restated a “buy” rating and issued a $165.00 target price on shares of Huron Consulting Group in a research report on Wednesday, March 26th. Finally, Wedbush increased their price target on shares of Huron Consulting Group from $150.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 26th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $169.25.

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.