Thrivent Financial for Lutherans Sells 6,994 Shares of Huron Consulting Group Inc. $HURN

Thrivent Financial for Lutherans trimmed its position in Huron Consulting Group Inc. (NASDAQ:HURN) by 8.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 72,266 shares of the business services provider’s stock after selling 6,994 shares during the period. Thrivent Financial for Lutherans’ holdings in Huron Consulting Group were worth $12,496,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Maseco LLP acquired a new position in shares of Huron Consulting Group during the 4th quarter worth about $29,000. Clearstead Advisors LLC grew its holdings in Huron Consulting Group by 86.2% in the 3rd quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock valued at $30,000 after buying an additional 94 shares during the last quarter. Strs Ohio acquired a new stake in Huron Consulting Group in the 4th quarter valued at approximately $35,000. Brown Brothers Harriman & Co. bought a new position in Huron Consulting Group in the 3rd quarter worth approximately $35,000. Finally, Advisory Services Network LLC bought a new position in Huron Consulting Group in the 3rd quarter worth approximately $36,000. 93.90% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

HURN has been the subject of several research analyst reports. Wedbush reiterated an “outperform” rating and set a $160.00 target price on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Weiss Ratings downgraded shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Finally, Wall Street Zen lowered shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 12th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Huron Consulting Group currently has an average rating of “Moderate Buy” and an average target price of $205.50.

Huron Consulting Group Stock Up 2.5%

Shares of NASDAQ:HURN opened at $108.13 on Tuesday. Huron Consulting Group Inc. has a 52 week low of $101.49 and a 52 week high of $186.77. The company has a debt-to-equity ratio of 2.10, a quick ratio of 2.22 and a current ratio of 2.22. The company’s fifty day moving average is $125.74 and its 200-day moving average is $150.97. The company has a market capitalization of $1.75 billion, a PE ratio of 18.45 and a beta of 0.15.

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

Insider Transactions at Huron Consulting Group

In other Huron Consulting Group news, Director Debra Zumwalt sold 598 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $118.44, for a total transaction of $70,827.12. Following the completion of the sale, the director directly owned 27,201 shares of the company’s stock, valued at approximately $3,221,686.44. The trade was a 2.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ekta Singh-Bushell sold 443 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $118.44, for a total transaction of $52,468.92. Following the sale, the director directly owned 13,646 shares of the company’s stock, valued at approximately $1,616,232.24. This trade represents a 3.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,837 shares of company stock worth $224,707 over the last 90 days. 2.07% of the stock is owned by insiders.

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.