Aigen Investment Management LP Takes $211,000 Position in Huron Consulting Group Inc. (NASDAQ:HURN)

Aigen Investment Management LP bought a new stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 1,701 shares of the business services provider’s stock, valued at approximately $211,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. M&T Bank Corp purchased a new stake in shares of Huron Consulting Group during the fourth quarter valued at approximately $407,000. Keybank National Association OH grew its holdings in Huron Consulting Group by 4.2% during the 4th quarter. Keybank National Association OH now owns 4,120 shares of the business services provider’s stock valued at $512,000 after purchasing an additional 167 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Huron Consulting Group by 1.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 205,376 shares of the business services provider’s stock valued at $25,520,000 after purchasing an additional 3,783 shares in the last quarter. Congress Asset Management Co. increased its stake in Huron Consulting Group by 9.0% during the 4th quarter. Congress Asset Management Co. now owns 79,095 shares of the business services provider’s stock worth $9,828,000 after buying an additional 6,521 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its position in Huron Consulting Group by 61.3% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 11,972 shares of the business services provider’s stock valued at $1,488,000 after buying an additional 4,550 shares during the last quarter. 93.90% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director James H. Roth sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $123.69, for a total value of $247,380.00. Following the sale, the director now directly owns 50,534 shares in the company, valued at $6,250,550.46. This trade represents a 3.81 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Mccartney sold 500 shares of the business’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $151.13, for a total value of $75,565.00. Following the transaction, the director now owns 55,688 shares of the company’s stock, valued at $8,416,127.44. This trade represents a 0.89 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 54,856 shares of company stock worth $7,958,682. Insiders own 2.02% of the company’s stock.

Huron Consulting Group Trading Up 2.6 %

Shares of NASDAQ HURN opened at $149.28 on Monday. Huron Consulting Group Inc. has a 12-month low of $84.26 and a 12-month high of $153.85. The company has a market cap of $2.64 billion, a price-to-earnings ratio of 32.45 and a beta of 0.53. 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 stock’s 50 day simple moving average is $130.07 and its 200 day simple moving average is $119.84.

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on HURN shares. Wedbush started coverage on Huron Consulting Group in a research note on Monday, February 3rd. They set an “outperform” rating for the company. Barrington Research increased their price target on shares of Huron Consulting Group from $142.00 to $167.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. Truist Financial lifted their target price on Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th. Benchmark raised their price objective on Huron Consulting Group from $140.00 to $165.00 and gave the stock a “buy” rating in a research note on Wednesday, February 26th. Finally, William Blair reissued an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, February 26th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Huron Consulting Group currently has an average rating of “Buy” and an average price target of $155.50.

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.