Legal & General Group Plc Purchases New Position in Huron Consulting Group Inc. $HURN

Legal & General Group Plc purchased a new stake in Huron Consulting Group Inc. (NASDAQ:HURN) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 16,252 shares of the business services provider’s stock, valued at approximately $1,465,000. Legal & General Group Plc owned approximately 0.10% of Huron Consulting Group as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of HURN. Strs Ohio bought a new position in shares of Huron Consulting Group in the fourth quarter valued at approximately $35,000. Brown Brothers Harriman & Co. bought a new stake in Huron Consulting Group during the 3rd quarter worth approximately $35,000. Advisory Services Network LLC bought a new stake in Huron Consulting Group during the 3rd quarter worth approximately $36,000. Kemnay Advisory Services Inc. acquired a new stake in Huron Consulting Group during the 4th quarter valued at $39,000. Finally, Caitong International Asset Management Co. Ltd raised its position in Huron Consulting Group by 11,900.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 240 shares of the business services provider’s stock valued at $41,000 after purchasing an additional 238 shares during the last quarter. Institutional investors and hedge funds own 93.90% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on HURN. Truist Financial reduced their price objective on Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a research note on Tuesday, June 9th. Barrington Research reaffirmed an “outperform” rating on shares of Huron Consulting Group in a 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 report on Wednesday, July 29th. Weiss Ratings raised shares of Huron Consulting Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday. Finally, Wall Street Zen upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Huron Consulting Group presently has a consensus rating of “Buy” and an average price target of $184.25.

Huron Consulting Group Stock Performance

Huron Consulting Group stock opened at $155.27 on Monday. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 2.11. Huron Consulting Group Inc. has a 1 year low of $84.88 and a 1 year high of $186.77. The company has a market cap of $2.47 billion, a PE ratio of 23.24 and a beta of 0.07. The company’s 50-day moving average is $134.53 and its two-hundred day moving average is $125.44.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, July 28th. The business services provider reported $2.46 EPS for the quarter, topping the consensus estimate of $2.17 by $0.29. The company had revenue of $475.04 million during the quarter, compared to analysts’ expectations 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 was up 15.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.89 EPS. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. Equities analysts anticipate that Huron Consulting Group Inc. will post 9.18 earnings per share for the current year.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, CEO C. Hussey sold 24,072 shares of the stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $165.59, for a total value of $3,986,082.48. Following the transaction, the chief executive officer owned 74,399 shares of the company’s stock, valued at approximately $12,319,730.41. This represents a 24.45% decrease in their ownership of the stock. The transaction was disclosed in a filing 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, insider Kyle Featherstone sold 459 shares of the firm’s 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 transaction, the insider owned 1,050 shares in the company, valued at approximately $160,303.50. This trade represents a 30.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 2.07% of the company’s stock.

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.