Deutsche Bank AG Buys New Position in Huron Consulting Group Inc. $HURN

Key Points

• Deutsche Bank AG initiated a position in Huron Consulting Group, buying 20,619 shares valued at approximately $1.86 million. Institutional investors collectively own 93.90% of HURN.
• Analysts maintain a generally positive outlook, with a consensus “Buy” rating and an average price target of $184.25. Recent ratings include buy and outperform recommendations, though Truist lowered its target to $155.
• Huron exceeded quarterly expectations, reporting $2.46 in EPS and $475.04 million in revenue, up 15.7% year over year. However, CEO C. Mark Hussey and insider Kyle Featherstone sold shares, reducing their holdings.

Deutsche Bank AG purchased a new position in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 20,619 shares of the business services provider's stock, valued at approximately $1,859,000. Deutsche Bank AG owned 0.13% of Huron Consulting Group as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in HURN. CWM LLC boosted its stake in shares of Huron Consulting Group by 14.9% during the 4th quarter. CWM LLC now owns 464 shares of the business services provider's stock valued at $80,000 after purchasing an additional 60 shares in the last quarter. California State Teachers Retirement System grew its holdings in shares of Huron Consulting Group by 0.5% during the 2nd quarter. California State Teachers Retirement System now owns 16,396 shares of the business services provider's stock worth $2,255,000 after acquiring an additional 76 shares during the period. Wedbush Securities Inc. grew its holdings in shares of Huron Consulting Group by 4.8% during the 4th quarter. Wedbush Securities Inc. now owns 1,861 shares of the business services provider's stock worth $322,000 after acquiring an additional 85 shares during the period. Truist Financial Corp lifted its stake in shares of Huron Consulting Group by 1.4% in the 4th quarter. Truist Financial Corp now owns 6,485 shares of the business services provider's stock valued at $1,121,000 after purchasing an additional 87 shares during the period. Finally, State of Wyoming boosted its position in shares of Huron Consulting Group by 3.5% during the fourth quarter. State of Wyoming now owns 3,098 shares of the business services provider's stock valued at $536,000 after purchasing an additional 105 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

HURN has been the subject of several recent research reports. Truist Financial lowered their price objective on Huron Consulting Group to $155.00 and set a "buy" rating for the company in a research report on Tuesday, June 9th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Huron Consulting Group in a research report on Friday, August 7th. Wall Street Zen upgraded shares of Huron Consulting Group from a "hold" rating to a "buy" rating in a research note on Saturday, August 1st. Barrington Research reissued an "outperform" rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. Finally, Wedbush reiterated an "outperform" rating and set a $160.00 target price on shares of Huron Consulting Group in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $184.25.

Huron Consulting Group Stock Up 0.0%

HURN stock opened at $159.84 on Friday. The stock has a market capitalization of $2.54 billion, a P/E ratio of 23.93 and a beta of 0.06. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.71 and a quick ratio of 1.71. Huron Consulting Group Inc. has a 1-year low of $84.88 and a 1-year high of $186.77. The business has a fifty day moving average price of $128.25 and a 200-day moving average price of $124.70.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its quarterly earnings data 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 return on equity of 32.33% and a net margin of 6.38%.The company had revenue of $475.04 million for the quarter, compared to analysts' expectations of $448.98 million. During the same period last year, the firm posted $1.89 earnings per share. Huron Consulting Group's revenue 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. Equities analysts forecast that Huron Consulting Group Inc. will post 9.18 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Kyle Featherstone sold 459 shares of the business's stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $152.67, for a total transaction of $70,075.53. Following the completion of the transaction, the insider directly owned 1,050 shares of the company's stock, valued at $160,303.50. The trade was a 30.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO C. Mark Hussey sold 24,072 shares of the stock in a transaction that occurred on 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 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 position. 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 own 2.07% of the company's stock.

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.

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