Legato Capital Management LLC purchased a new position in shares of Huron Consulting Group Inc. (NASDAQ:HURN – Free Report) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 12,580 shares of the business services provider’s stock, valued at approximately $2,175,000.
Several other hedge funds have also added to or reduced their stakes in the company. Global Retirement Partners LLC lifted its holdings in Huron Consulting Group by 853.4% during the 4th quarter. Global Retirement Partners LLC now owns 1,983 shares of the business services provider’s stock worth $343,000 after purchasing an additional 1,775 shares during the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Huron Consulting Group during the 4th quarter worth approximately $536,000. PNC Financial Services Group Inc. lifted its holdings in Huron Consulting Group by 27.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,442 shares of the business services provider’s stock worth $422,000 after purchasing an additional 525 shares during the last quarter. Handelsbanken Fonder AB raised its holdings in Huron Consulting Group by 14.3% in the 4th quarter. Handelsbanken Fonder AB now owns 6,400 shares of the business services provider’s stock valued at $1,107,000 after acquiring an additional 800 shares in the last quarter. Finally, ProShare Advisors LLC raised its holdings in Huron Consulting Group by 6.9% in the 4th quarter. ProShare Advisors LLC now owns 3,117 shares of the business services provider’s stock valued at $539,000 after acquiring an additional 201 shares in the last quarter. 93.90% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
HURN has been the subject of several analyst reports. Wall Street Zen cut Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 12th. Wedbush reaffirmed an “outperform” rating and issued a $160.00 price objective on shares of Huron Consulting Group in a report on Wednesday, May 6th. Finally, Weiss Ratings cut Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $205.50.
Huron Consulting Group Trading Up 0.1%
Shares of HURN stock opened at $105.46 on Friday. The firm has a market capitalization of $1.71 billion, a P/E ratio of 18.00 and a beta of 0.15. Huron Consulting Group Inc. has a twelve month low of $101.00 and a twelve month high of $186.77. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 2.10. The stock’s fifty day simple moving average is $123.12 and its 200 day simple moving average is $149.40.
Huron Consulting Group (NASDAQ:HURN – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.73 earnings per share 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 quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.68 EPS. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. As a group, sell-side analysts predict that Huron Consulting Group Inc. will post 8.71 EPS for the current fiscal year.
Insider Buying and Selling at Huron Consulting Group
In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the company’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $127.68, for a total value of $63,840.00. Following the sale, the director owned 40,817 shares in the company, valued at approximately $5,211,514.56. The trade was a 1.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Debra Zumwalt sold 598 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $118.44, for a total value of $70,827.12. Following the completion of the sale, the director owned 27,201 shares in the company, valued at $3,221,686.44. This trade 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. In the last quarter, insiders have sold 1,837 shares of company stock worth $224,707. Insiders own 2.07% of the company’s stock.
Huron Consulting Group Company 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.
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