Rockefeller Capital Management L.P. Sells 7,619 Shares of Huron Consulting Group Inc. (NASDAQ:HURN)

Rockefeller Capital Management L.P. lowered its stake in Huron Consulting Group Inc. (NASDAQ:HURN) by 6.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 103,227 shares of the business services provider’s stock after selling 7,619 shares during the period. Rockefeller Capital Management L.P.’s holdings in Huron Consulting Group were worth $11,221,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Martingale Asset Management L P boosted its holdings in shares of Huron Consulting Group by 0.5% in the 3rd quarter. Martingale Asset Management L P now owns 20,479 shares of the business services provider’s stock worth $2,226,000 after purchasing an additional 110 shares during the period. FMR LLC increased its position in Huron Consulting Group by 32.4% during the third quarter. FMR LLC now owns 21,394 shares of the business services provider’s stock valued at $2,326,000 after acquiring an additional 5,230 shares during the last quarter. Quantbot Technologies LP raised its stake in shares of Huron Consulting Group by 6,174.4% in the third quarter. Quantbot Technologies LP now owns 10,541 shares of the business services provider’s stock valued at $1,146,000 after acquiring an additional 10,373 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of Huron Consulting Group in the 3rd quarter worth about $879,000. Finally, Intech Investment Management LLC bought a new stake in Huron Consulting Group in the third quarter worth about $328,000. 93.90% of the stock is owned by institutional investors.

Huron Consulting Group Trading Up 1.3 %

HURN opened at $124.41 on Tuesday. Huron Consulting Group Inc. has a 52 week low of $84.26 and a 52 week high of $131.06. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82. The stock’s fifty day moving average is $114.44 and its two-hundred day moving average is $106.04. The company has a market capitalization of $2.21 billion, a P/E ratio of 27.05 and a beta of 0.60.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings data on Tuesday, October 29th. The business services provider reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.11. The company had revenue of $370.00 million during the quarter, compared to analyst estimates of $377.63 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.39 earnings per share. Analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

Analysts Set New Price Targets

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

Insider Activity

In other news, Director H Eugene Lockhart sold 1,042 shares of the firm’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $115.82, for a total value of $120,684.44. Following the sale, the director now directly owns 27,798 shares in the company, valued at approximately $3,219,564.36. This trade represents a 3.61 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction of $256,840.00. Following the completion of the transaction, the director now directly owns 54,825 shares in the company, valued at approximately $7,040,626.50. The trade was a 3.52 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,084 shares of company stock worth $490,342. Corporate insiders own 2.02% of the company’s stock.

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.