Huron Consulting Group Inc. $HURN Shares Sold by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL reduced its stake in Huron Consulting Group Inc. (NASDAQ:HURN) by 88.3% in the third quarter, HoldingsChannel.com reports. The fund owned 3,551 shares of the business services provider’s stock after selling 26,909 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Huron Consulting Group were worth $521,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in HURN. Boston Partners raised its stake in Huron Consulting Group by 17.0% during the 3rd quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock valued at $130,803,000 after purchasing an additional 129,073 shares during the period. Franklin Resources Inc. increased its stake in shares of Huron Consulting Group by 0.5% in the third quarter. Franklin Resources Inc. now owns 614,248 shares of the business services provider’s stock worth $90,153,000 after acquiring an additional 3,340 shares during the last quarter. Sunriver Management LLC boosted its holdings in Huron Consulting Group by 19.5% in the third quarter. Sunriver Management LLC now owns 451,985 shares of the business services provider’s stock worth $66,338,000 after purchasing an additional 73,774 shares in the last quarter. BloombergSen Inc. increased its position in Huron Consulting Group by 56.2% during the third quarter. BloombergSen Inc. now owns 365,167 shares of the business services provider’s stock worth $53,596,000 after buying an additional 131,365 shares during the last quarter. Finally, Neumeier Poma Investment Counsel LLC increased its position in Huron Consulting Group by 1.7% during the third quarter. Neumeier Poma Investment Counsel LLC now owns 277,476 shares of the business services provider’s stock worth $40,725,000 after buying an additional 4,631 shares during the last quarter. 93.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on HURN shares. Wedbush started coverage on shares of Huron Consulting Group in a report on Thursday, April 9th. They set an “outperform” rating and a $160.00 price target for the company. Benchmark upped their price target on shares of Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, December 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Huron Consulting Group in a research report on Thursday, January 22nd. Wall Street Zen lowered shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Finally, Barrington Research upped their price objective on shares of Huron Consulting Group from $190.00 to $207.00 and gave the company an “outperform” rating in a research report on Monday, January 5th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $205.50.

Insider Buying and Selling at Huron Consulting Group

In other news, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $127.68, for a total transaction of $63,840.00. Following the transaction, the director directly owned 40,817 shares of the company’s stock, valued at $5,211,514.56. This trade represents a 1.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,296 shares of company stock worth $185,796 over the last quarter. Company insiders own 2.07% of the company’s stock.

Huron Consulting Group Stock Performance

NASDAQ:HURN opened at $131.76 on Thursday. Huron Consulting Group Inc. has a 12-month low of $116.12 and a 12-month high of $186.77. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $2.18 billion, a PE ratio of 22.52 and a beta of 0.19. The firm has a 50-day moving average price of $133.37 and a 200 day moving average price of $155.11.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings results on Tuesday, February 24th. The business services provider reported $2.17 EPS for the quarter, beating the consensus estimate of $1.94 by $0.23. Huron Consulting Group had a net margin of 6.18% and a return on equity of 28.20%. The business had revenue of $441.96 million for the quarter, compared to analysts’ expectations of $433.57 million. During the same period in the prior year, the firm earned $1.90 earnings per share. Huron Consulting Group’s revenue was up 10.7% compared to the same quarter last year. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. Research analysts anticipate that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

About Huron Consulting Group

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.