Renaissance Group LLC Has $10.44 Million Stake in Huron Consulting Group Inc. $HURN

Renaissance Group LLC lowered its holdings in Huron Consulting Group Inc. (NASDAQ:HURN) by 13.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 60,388 shares of the business services provider’s stock after selling 9,634 shares during the period. Renaissance Group LLC’s holdings in Huron Consulting Group were worth $10,442,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Axiom Investors LLC DE acquired a new stake in shares of Huron Consulting Group in the fourth quarter valued at approximately $11,205,000. Cerity Partners LLC grew its position in Huron Consulting Group by 5.5% during the fourth quarter. Cerity Partners LLC now owns 4,507 shares of the business services provider’s stock worth $779,000 after buying an additional 235 shares in the last quarter. LPL Financial LLC increased its stake in Huron Consulting Group by 48.2% during the 4th quarter. LPL Financial LLC now owns 13,589 shares of the business services provider’s stock worth $2,350,000 after acquiring an additional 4,422 shares during the period. O Shaughnessy Asset Management LLC increased its stake in Huron Consulting Group by 7.6% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 7,275 shares of the business services provider’s stock worth $1,258,000 after acquiring an additional 516 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in Huron Consulting Group by 15.0% in the 4th quarter. JPMorgan Chase & Co. now owns 23,688 shares of the business services provider’s stock valued at $4,096,000 after acquiring an additional 3,088 shares in the last quarter. Institutional investors and hedge funds own 93.90% of the company’s stock.

Insider Transactions at Huron Consulting Group

In related news, Director Joy Brown sold 1,821 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $105.01, for a total transaction of $191,223.21. Following the sale, the director owned 8,575 shares of the company’s stock, valued at $900,460.75. This trade represents a 17.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Debra Zumwalt sold 598 shares of the business’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $118.44, for a total value of $70,827.12. Following the sale, the director owned 27,201 shares in the company, valued at $3,221,686.44. This represents a 2.15% decrease in their position. 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 have sold a total of 3,658 shares of company stock valued at $415,931 over the last quarter. 2.07% of the stock is currently owned by insiders.

Huron Consulting Group Trading Down 1.0%

HURN opened at $109.44 on Thursday. The company has a market cap of $1.77 billion, a P/E ratio of 18.68 and a beta of 0.08. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 2.10. The company’s 50 day moving average is $118.32 and its 200-day moving average is $144.07. Huron Consulting Group Inc. has a 1-year low of $100.10 and a 1-year high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.73 EPS for the quarter, beating the consensus estimate of $1.58 by $0.15. Huron Consulting Group had a net margin of 5.94% and a return on equity of 29.41%. The business had revenue of $451.77 million during the quarter, compared to the consensus estimate of $437.12 million. During the same quarter in the prior year, the firm earned $1.68 EPS. The firm’s revenue was up 12.1% compared to the same quarter last year. 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.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on HURN shares. Wall Street Zen downgraded Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 12th. Truist Financial dropped their price target on Huron Consulting Group to $155.00 and set a “buy” rating for the company in a research note on Tuesday. Wedbush reaffirmed an “outperform” rating and set a $160.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, May 6th. Finally, Weiss Ratings downgraded shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research note 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 company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $184.25.

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.