Huron Consulting Group Inc. $HURN Shares Purchased by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado increased its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURNFree Report) by 79.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 151,150 shares of the business services provider’s stock after acquiring an additional 66,900 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Huron Consulting Group were worth $26,135,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HURN. Jefferies Financial Group Inc. acquired a new position in Huron Consulting Group in the third quarter valued at $4,328,000. SG Capital Management LLC increased its stake in Huron Consulting Group by 131.8% in the third quarter. SG Capital Management LLC now owns 250,489 shares of the business services provider’s stock valued at $36,764,000 after purchasing an additional 142,448 shares during the period. Legato Capital Management LLC acquired a new position in Huron Consulting Group in the fourth quarter valued at $2,175,000. Principal Financial Group Inc. increased its stake in Huron Consulting Group by 51.8% in the fourth quarter. Principal Financial Group Inc. now owns 476,863 shares of the business services provider’s stock valued at $82,454,000 after purchasing an additional 162,706 shares during the period. Finally, AEGON ASSET MANAGEMENT UK Plc acquired a new position in Huron Consulting Group in the fourth quarter valued at $2,054,000. 93.90% of the stock is currently owned by institutional investors and hedge funds.

Huron Consulting Group Stock Performance

Shares of Huron Consulting Group stock opened at $109.43 on Monday. Huron Consulting Group Inc. has a 52-week low of $100.10 and a 52-week 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 company’s 50-day simple moving average is $117.52 and its 200-day simple moving average is $143.31. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of 18.67 and a beta of 0.08.

Huron Consulting Group (NASDAQ:HURNGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $437.12 million. During the same period in the previous year, the business posted $1.68 earnings per share. The business’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. As a group, equities research analysts anticipate that Huron Consulting Group Inc. will post 8.71 earnings per share for the current year.

Insider Activity

In other news, Director Joy Brown sold 1,821 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $105.01, for a total transaction of $191,223.21. Following the transaction, the director directly owned 8,575 shares in the company, valued at $900,460.75. The trade was a 17.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 transaction, the director owned 27,201 shares in the company, valued at approximately $3,221,686.44. This trade represents a 2.15% 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. In the last three months, insiders have sold 3,658 shares of company stock valued at $415,931. 2.07% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Wall Street Zen lowered shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 12th. Wedbush restated an “outperform” rating and issued a $160.00 price objective on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Truist Financial dropped their price objective on shares of Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a research note on Tuesday, June 9th. Finally, Weiss Ratings lowered shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 12th. Four investment 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, Huron Consulting Group presently has a consensus rating of “Moderate Buy” and an average target price of $184.25.

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Huron Consulting Group Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Huron Consulting Group (NASDAQ:HURN)

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