Ensign Peak Advisors Inc Reduces Stock Holdings in Huron Consulting Group Inc. $HURN

Ensign Peak Advisors Inc decreased its holdings in Huron Consulting Group Inc. (NASDAQ:HURN) by 14.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 8,329 shares of the business services provider’s stock after selling 1,400 shares during the quarter. Ensign Peak Advisors Inc’s holdings in Huron Consulting Group were worth $1,146,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Savant Capital LLC lifted its position in Huron Consulting Group by 6.9% during the second quarter. Savant Capital LLC now owns 1,686 shares of the business services provider’s stock valued at $232,000 after purchasing an additional 109 shares in the last quarter. CWM LLC increased its holdings in Huron Consulting Group by 55.9% in the 1st quarter. CWM LLC now owns 407 shares of the business services provider’s stock valued at $58,000 after acquiring an additional 146 shares during the last quarter. Aigen Investment Management LP increased its holdings in shares of Huron Consulting Group by 10.5% in the first quarter. Aigen Investment Management LP now owns 1,879 shares of the business services provider’s stock worth $270,000 after purchasing an additional 178 shares during the last quarter. Police & Firemen s Retirement System of New Jersey boosted its stake in Huron Consulting Group by 5.7% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 3,966 shares of the business services provider’s stock valued at $545,000 after buying an additional 215 shares during the last quarter. Finally, Quarry LP purchased a new position in shares of Huron Consulting Group in the first quarter valued at $31,000. 93.90% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 6,500 shares of the firm’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $161.44, for a total value of $1,049,360.00. Following the completion of the transaction, the director owned 43,317 shares of the company’s stock, valued at approximately $6,993,096.48. This trade represents a 13.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO James Ronald Dail sold 7,824 shares of the business’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $169.53, for a total transaction of $1,326,402.72. Following the sale, the chief operating officer directly owned 31,184 shares in the company, valued at $5,286,623.52. This trade represents a 20.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 24,308 shares of company stock worth $3,872,885. 2.15% of the stock is owned by corporate insiders.

Huron Consulting Group Trading Down 0.2%

NASDAQ HURN opened at $164.61 on Friday. The firm has a market cap of $2.84 billion, a PE ratio of 27.57 and a beta of 0.28. Huron Consulting Group Inc. has a 52 week low of $118.25 and a 52 week high of $174.26. The company has a quick ratio of 1.99, a current ratio of 1.44 and a debt-to-equity ratio of 1.18. The company has a 50 day moving average price of $156.00 and a 200 day moving average price of $144.16.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, October 28th. The business services provider reported $2.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.24. The business had revenue of $441.28 million for the quarter, compared to the consensus estimate of $418.13 million. Huron Consulting Group had a return on equity of 27.06% and a net margin of 6.54%.The business’s quarterly revenue was up 16.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.68 earnings per share. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. As a group, sell-side analysts forecast that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

HURN has been the subject of several analyst reports. Wall Street Zen raised Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Benchmark increased their target price on Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. Barrington Research upped their price target on shares of Huron Consulting Group from $173.00 to $176.00 and gave the stock an “outperform” rating in a report on Thursday, August 7th. Truist Financial lifted their price objective on shares of Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a report on Friday, November 14th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Huron Consulting Group in a research note on Wednesday, October 8th. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $190.25.

Huron Consulting Group Company 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.