Huron Consulting Group Inc. $HURN Stock: Leeward Investments LLC MA Decreases Holdings

Leeward Investments LLC MA lessened its holdings in Huron Consulting Group Inc. (NASDAQ:HURN) by 6.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 152,253 shares of the business services provider’s stock after selling 10,219 shares during the period. Huron Consulting Group makes up 1.2% of Leeward Investments LLC MA’s portfolio, making the stock its 17th biggest position. Leeward Investments LLC MA’s holdings in Huron Consulting Group were worth $23,878,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Huron Consulting Group in the 2nd quarter valued at $125,191,000. Jennison Associates LLC boosted its position in shares of Huron Consulting Group by 13.6% during the 1st quarter. Jennison Associates LLC now owns 667,887 shares of the business services provider’s stock valued at $85,149,000 after acquiring an additional 80,132 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Huron Consulting Group by 2.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 641,714 shares of the business services provider’s stock valued at $81,811,000 after acquiring an additional 12,528 shares in the last quarter. Bank of America Corp DE increased its stake in Huron Consulting Group by 6.6% in the first quarter. Bank of America Corp DE now owns 267,172 shares of the business services provider’s stock valued at $34,062,000 after acquiring an additional 16,482 shares during the period. Finally, Congress Asset Management Co. increased its stake in Huron Consulting Group by 12.5% in the third quarter. Congress Asset Management Co. now owns 106,781 shares of the business services provider’s stock valued at $16,746,000 after acquiring an additional 11,836 shares during the period. Institutional investors and hedge funds own 93.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on HURN shares. Zacks Research lowered shares of Huron Consulting Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Truist Financial lifted their price objective on Huron Consulting Group from $175.00 to $220.00 and gave the company a “buy” rating in a report on Friday. Wall Street Zen raised Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Evercore upgraded Huron Consulting Group to an “outperform” rating in a research note on Friday. Finally, Weiss Ratings raised Huron Consulting Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $200.50.

Huron Consulting Group Price Performance

Shares of NASDAQ HURN opened at $195.69 on Monday. The stock has a market cap of $3.11 billion, a PE ratio of 29.29 and a beta of 0.09. The business has a fifty day moving average of $162.08 and a two-hundred day moving average of $133.25. Huron Consulting Group Inc. has a 52-week low of $84.88 and a 52-week high of $203.37. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.71 and a current ratio of 1.71.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, July 28th. The business services provider reported $2.46 EPS for the quarter, beating the consensus estimate of $2.17 by $0.29. Huron Consulting Group had a net margin of 6.38% and a return on equity of 32.33%. The company had revenue of $475.04 million for the quarter, compared to the consensus estimate of $448.98 million. During the same quarter in the previous year, the company earned $1.89 EPS. The firm’s revenue for the quarter was up 15.7% compared to the same quarter last year. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. As a group, equities research analysts expect that Huron Consulting Group Inc. will post 9.18 earnings per share for the current fiscal year.

Insider Transactions at Huron Consulting Group

In other Huron Consulting Group news, insider Kyle Featherstone sold 459 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $152.67, for a total value of $70,075.53. Following the transaction, the insider directly owned 1,050 shares in the company, valued at $160,303.50. The trade was a 30.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO C. Hussey sold 24,072 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $165.59, for a total transaction of $3,986,082.48. Following the completion of the transaction, the chief executive officer owned 74,399 shares in the company, valued at approximately $12,319,730.41. This trade represents a 24.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 24,613 shares of company stock valued at $4,069,914 in the last quarter. 2.07% of the stock is currently owned by corporate insiders.

Huron Consulting Group Company Profile

Huron Consulting Group, Inc is a professional services firm that helps organizations improve performance, manage change, and use technology to address complex business challenges. The company serves clients in the healthcare, education, and public sectors, as well as commercial organizations.

Its services include operational and financial improvement, strategy and organizational consulting, digital transformation, technology implementation, data and analytics, and managed services. Huron also provides specialized advisory support for hospitals and health systems, colleges and universities, government agencies, and businesses seeking to improve processes, financial performance, and customer or patient experiences.

Founded in 2002 and headquartered in Chicago, Huron serves clients across the United States and internationally.