98,156 Shares in Huron Consulting Group Inc. (NASDAQ:HURN) Acquired by TI Trust Inc.

TI Trust Inc. purchased a new stake in Huron Consulting Group Inc. (NASDAQ:HURN) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 98,156 shares of the business services provider’s stock, valued at approximately $12,197,000. Huron Consulting Group accounts for about 8.2% of TI Trust Inc.’s investment portfolio, making the stock its largest holding. TI Trust Inc. owned 0.55% of Huron Consulting Group at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in HURN. Wellington Management Group LLP raised its stake in Huron Consulting Group by 29.1% in the third quarter. Wellington Management Group LLP now owns 538,290 shares of the business services provider’s stock valued at $58,512,000 after purchasing an additional 121,371 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Huron Consulting Group by 20.5% in the 3rd quarter. Franklin Resources Inc. now owns 395,788 shares of the business services provider’s stock worth $42,306,000 after buying an additional 67,239 shares during the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of Huron Consulting Group during the 3rd quarter valued at $6,336,000. Jennison Associates LLC lifted its holdings in shares of Huron Consulting Group by 5.7% during the 3rd quarter. Jennison Associates LLC now owns 574,006 shares of the business services provider’s stock worth $62,394,000 after acquiring an additional 31,123 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Huron Consulting Group in the second quarter worth $2,226,000. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Barrington Research raised their price target on Huron Consulting Group from $137.00 to $142.00 and gave the company an “outperform” rating in a research report on Monday, November 4th. Benchmark restated a “buy” rating and issued a $140.00 target price on shares of Huron Consulting Group in a research report on Wednesday, October 30th. Finally, StockNews.com raised Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Thursday, October 31st. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $133.00.

Insider Activity at Huron Consulting Group

In other news, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $128.42, for a total value of $256,840.00. Following the sale, the director now directly owns 54,825 shares in the company, valued at approximately $7,040,626.50. This trade represents a 3.52 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Mccartney sold 500 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $124.65, for a total value of $62,325.00. Following the transaction, the director now directly owns 56,688 shares in the company, valued at $7,066,159.20. This trade represents a 0.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,584 shares of company stock worth $1,062,597 in the last three months. 2.02% of the stock is owned by insiders.

Huron Consulting Group Stock Down 0.7 %

HURN opened at $125.07 on Monday. Huron Consulting Group Inc. has a 12 month low of $84.26 and a 12 month high of $131.06. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82. The business’s 50-day moving average price is $123.54 and its 200-day moving average price is $114.22. The company has a market cap of $2.22 billion, a P/E ratio of 27.19 and a beta of 0.60.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, October 29th. The business services provider reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.11. The business had revenue of $370.00 million for the quarter, compared to analysts’ expectations of $377.63 million. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The business’s quarterly revenue was up 3.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.39 EPS. On average, equities analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

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.