Deutsche Bank AG Takes Position in Huron Consulting Group Inc. $HURN

Deutsche Bank AG bought a new stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,619 shares of the business services provider’s stock, valued at approximately $1,859,000.

Several other institutional investors have also added to or reduced their stakes in HURN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Huron Consulting Group by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,464 shares of the business services provider’s stock worth $1,501,000 after buying an additional 469 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Huron Consulting Group by 53.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 198,938 shares of the business services provider’s stock valued at $28,538,000 after acquiring an additional 68,891 shares during the period. Jane Street Group LLC purchased a new stake in Huron Consulting Group in the 1st quarter worth approximately $6,313,000. Intech Investment Management LLC increased its holdings in Huron Consulting Group by 28.1% in the 1st quarter. Intech Investment Management LLC now owns 11,064 shares of the business services provider’s stock worth $1,587,000 after acquiring an additional 2,425 shares in the last quarter. Finally, Acadian Asset Management LLC raised its stake in Huron Consulting Group by 174.4% during the 1st quarter. Acadian Asset Management LLC now owns 3,361 shares of the business services provider’s stock worth $481,000 after acquiring an additional 2,136 shares during the period. 93.90% of the stock is currently owned by institutional investors.

Huron Consulting Group Price Performance

Shares of NASDAQ:HURN opened at $159.84 on Friday. The firm has a market cap of $2.54 billion, a price-to-earnings ratio of 23.93 and a beta of 0.06. The firm has a fifty day moving average price of $128.25 and a 200 day moving average price of $124.70. Huron Consulting Group Inc. has a fifty-two week low of $84.88 and a fifty-two week high of $186.77. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.71 and a current ratio of 1.71.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, July 28th. The business services provider reported $2.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.17 by $0.29. The company had revenue of $475.04 million for the quarter, compared to the consensus estimate of $448.98 million. Huron Consulting Group had a net margin of 6.38% and a return on equity of 32.33%. Huron Consulting Group’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.89 EPS. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. As a group, sell-side analysts expect that Huron Consulting Group Inc. will post 9.18 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Kyle Featherstone sold 459 shares of Huron Consulting Group stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $152.67, for a total value of $70,075.53. Following the sale, the insider directly owned 1,050 shares of the company’s stock, valued at approximately $160,303.50. The trade was a 30.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO C. Mark Hussey sold 24,072 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $165.59, for a total value of $3,986,082.48. Following the transaction, the chief executive officer directly owned 74,399 shares of the company’s stock, valued at approximately $12,319,730.41. The trade was a 24.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.07% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Barrington Research reiterated an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. Zacks Research upgraded shares of Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. Truist Financial cut their price target on Huron Consulting Group to $155.00 and set a “buy” rating for the company in a research note on Tuesday, June 9th. Wedbush reissued an “outperform” rating and set a $160.00 price target on shares of Huron Consulting Group in a report on Wednesday, May 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Huron Consulting Group in a research note on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Huron Consulting Group currently has a consensus rating of “Buy” and an average price target of $184.25.

Huron Consulting Group Company 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.