Rice Hall James & Associates LLC purchased a new position in Huron Consulting Group Inc. (NASDAQ:HURN – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 20,071 shares of the business services provider’s stock, valued at approximately $1,810,000. Rice Hall James & Associates LLC owned 0.13% of Huron Consulting Group at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Strs Ohio bought a new position in shares of Huron Consulting Group during the 4th quarter worth about $35,000. Kemnay Advisory Services Inc. bought a new stake in Huron Consulting Group in the 4th quarter valued at about $39,000. Brown Brothers Harriman & Co. bought a new stake in Huron Consulting Group in the 3rd quarter valued at about $35,000. Caitong International Asset Management Co. Ltd raised its stake in Huron Consulting Group by 11,900.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 240 shares of the business services provider’s stock worth $41,000 after buying an additional 238 shares during the period. Finally, Advisory Services Network LLC acquired a new position in Huron Consulting Group during the 3rd quarter worth approximately $36,000. 93.90% of the stock is owned by institutional investors.
Analysts Set New Price Targets
HURN has been the subject of a number of research reports. Wedbush reissued an “outperform” rating and issued a $160.00 price objective on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Barrington Research reissued an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. Truist Financial lowered their target price on shares of Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a report on Tuesday, June 9th. Finally, Zacks Research raised shares of Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $184.25.
Insider Buying and Selling
In other Huron Consulting Group news, insider Kyle Featherstone sold 459 shares of Huron Consulting Group stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $152.67, for a total transaction of $70,075.53. Following the transaction, the insider owned 1,050 shares of the company’s stock, valued at $160,303.50. This trade represents a 30.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO C. Mark Hussey sold 24,072 shares of Huron Consulting Group stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $165.59, for a total transaction of $3,986,082.48. Following the transaction, the chief executive officer directly owned 74,399 shares in the company, valued at approximately $12,319,730.41. This represents a 24.45% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 26,352 shares of company stock worth $4,247,381. 2.07% of the stock is owned by insiders.
Huron Consulting Group Trading Up 2.0%
NASDAQ HURN opened at $151.37 on Wednesday. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 2.11. The business has a fifty day simple moving average of $119.17 and a 200 day simple moving average of $124.87. Huron Consulting Group Inc. has a 12 month low of $84.88 and a 12 month high of $186.77. The firm has a market capitalization of $2.41 billion, a P/E ratio of 22.66 and a beta of 0.06.
Huron Consulting Group (NASDAQ:HURN – Get Free Report) last posted its earnings results on Tuesday, July 28th. The business services provider reported $2.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.17 by $0.29. The firm had revenue of $475.04 million during the quarter, compared to analyst estimates of $448.98 million. Huron Consulting Group had a net margin of 6.38% and a return on equity of 32.33%. The business’s revenue was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.89 EPS. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. On average, analysts predict that Huron Consulting Group Inc. will post 9.18 EPS for the current fiscal year.
Huron Consulting Group Profile
Huron Consulting Group (NASDAQ:HURN) is a global professional services firm that advises organizations across a range of industries on strategy, operations and technology. Founded in 2002 and headquartered in Chicago, the company helps clients address complex business challenges such as performance improvement, digital transformation and organizational change. Huron’s consultants work alongside executive leadership teams to develop and implement tailored solutions that drive growth, increase efficiency and manage risk.
Huron’s service offerings encompass business and financial advisory, healthcare performance improvement, life sciences consulting, higher education and research lifecycle support, as well as legal and regulatory consulting.
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