Huron Consulting Group Inc. $HURN Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lowered its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 44.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 107,944 shares of the business services provider’s stock after selling 85,309 shares during the period. Rockefeller Capital Management L.P.’s holdings in Huron Consulting Group were worth $18,665,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Caitong International Asset Management Co. Ltd boosted its stake in shares of Huron Consulting Group by 11,900.0% in the fourth 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 last quarter. Virtu Financial LLC acquired a new position in Huron Consulting Group in the fourth quarter valued at approximately $673,000. Mcguire Capital Advisors Inc. acquired a new position in Huron Consulting Group in the fourth quarter valued at approximately $50,000. Invesco Ltd. boosted its position in Huron Consulting Group by 12.2% in the 4th quarter. Invesco Ltd. now owns 247,393 shares of the business services provider’s stock worth $42,777,000 after purchasing an additional 26,933 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC boosted its position in Huron Consulting Group by 243.8% in the 4th quarter. Susquehanna Fundamental Investments LLC now owns 15,001 shares of the business services provider’s stock worth $2,594,000 after purchasing an additional 10,638 shares in the last quarter. Institutional investors and hedge funds own 93.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on HURN. Truist Financial cut their target price on shares of Huron Consulting Group to $155.00 and set a “buy” rating for the company in a report on Tuesday, June 9th. Weiss Ratings lowered shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Wedbush reaffirmed an “outperform” rating and issued a $160.00 price objective on shares of Huron Consulting Group in a report on Wednesday, May 6th. Wall Street Zen downgraded shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 12th. Finally, Barrington Research reissued an “outperform” rating on shares of Huron Consulting Group in a research note on Wednesday, June 17th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $184.25.

Insider Activity at Huron Consulting Group

In other news, Director Debra Zumwalt sold 598 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $118.44, for a total transaction of $70,827.12. Following the completion of the sale, the director owned 27,201 shares of the company’s stock, valued at $3,221,686.44. The trade was a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joy Brown sold 1,821 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $105.01, for a total transaction of $191,223.21. Following the transaction, the director owned 8,575 shares of the company’s stock, valued at approximately $900,460.75. This trade represents a 17.52% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 3,658 shares of company stock valued at $415,931. 2.07% of the stock is currently owned by company insiders.

Huron Consulting Group Trading Up 5.6%

Shares of HURN stock opened at $95.54 on Wednesday. Huron Consulting Group Inc. has a 1-year low of $84.88 and a 1-year high of $186.77. The company has a market cap of $1.55 billion, a price-to-earnings ratio of 16.30 and a beta of 0.08. The company has a debt-to-equity ratio of 2.10, a current ratio of 2.22 and a quick ratio of 2.22. The stock has a 50 day simple moving average of $113.32 and a 200-day simple moving average of $140.02.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.15. The firm had revenue of $451.77 million for the quarter, compared to analysts’ expectations of $437.12 million. Huron Consulting Group had a net margin of 5.94% and a return on equity of 29.41%. The firm’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.68 EPS. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. On average, equities research analysts expect that Huron Consulting Group Inc. will post 8.71 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.