Hotchkis & Wiley Capital Management LLC Has $3.61 Million Stake in Huron Consulting Group Inc. $HURN

Key Points

• Hotchkis & Wiley Capital Management LLC has reduced its stake in Huron Consulting Group by 60.3% to approximately $3.61 million, now holding 25,190 shares.
• Insiders, including directors, have sold a total of 4,711 shares over the past 90 days, resulting in decreases in their positions.
• Wall Street analysts have mixed outlooks for Huron Consulting Group, with one firm lowering their rating from "buy" to "hold", while another raised its price target.

Hotchkis & Wiley Capital Management LLC decreased its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 60.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,190 shares of the business services provider's stock after selling 38,200 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned about 0.15% of Huron Consulting Group worth $3,614,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC lifted its holdings in Huron Consulting Group by 3.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,039 shares of the business services provider's stock worth $502,000 after purchasing an additional 121 shares during the period. Tower Research Capital LLC TRC lifted its holdings in Huron Consulting Group by 27.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 569 shares of the business services provider's stock worth $71,000 after purchasing an additional 122 shares during the period. CWM LLC lifted its holdings in Huron Consulting Group by 55.9% in the first quarter. CWM LLC now owns 407 shares of the business services provider's stock worth $58,000 after purchasing an additional 146 shares during the period. Nisa Investment Advisors LLC lifted its holdings in Huron Consulting Group by 15.6% in the first quarter. Nisa Investment Advisors LLC now owns 1,094 shares of the business services provider's stock worth $157,000 after purchasing an additional 148 shares during the period. Finally, Aigen Investment Management LP lifted its holdings in Huron Consulting Group by 10.5% in the first quarter. Aigen Investment Management LP now owns 1,879 shares of the business services provider's stock worth $270,000 after purchasing an additional 178 shares during the period. Institutional investors and hedge funds own 93.90% of the company's stock.

Huron Consulting Group Price Performance

NASDAQ HURN traded up $1.62 on Friday, reaching $136.96. The company's stock had a trading volume of 192,745 shares, compared to its average volume of 219,964. Huron Consulting Group Inc. has a twelve month low of $102.58 and a twelve month high of $155.00. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.99 and a current ratio of 1.99. The stock has a market cap of $2.37 billion, a PE ratio of 23.90 and a beta of 0.26. The firm's 50 day moving average is $133.95 and its two-hundred day moving average is $139.26.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The business services provider reported $1.89 earnings per share for the quarter, beating analysts' consensus estimates of $1.79 by $0.10. Huron Consulting Group had a net margin of 6.60% and a return on equity of 25.52%. The company had revenue of $402.50 million during the quarter, compared to the consensus estimate of $402.67 million. During the same period in the prior year, the company earned $1.68 EPS. Huron Consulting Group's revenue was up 8.3% on a year-over-year basis. Huron Consulting Group has set its FY 2025 guidance at 7.300-7.70 EPS. As a group, sell-side analysts predict that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Analyst Upgrades and Downgrades

HURN has been the subject of several research analyst reports. Barrington Research upped their price objective on shares of Huron Consulting Group from $173.00 to $176.00 and gave the stock an "outperform" rating in a report on Thursday, August 7th. Wall Street Zen cut Huron Consulting Group from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $171.50.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, insider Kyle Featherstone sold 375 shares of the business's stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $135.73, for a total transaction of $50,898.75. Following the sale, the insider owned 1,311 shares in the company, valued at approximately $177,942.03. The trade was a 22.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James H. Roth sold 2,000 shares of the business's stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $128.98, for a total value of $257,960.00. Following the sale, the director owned 43,304 shares in the company, valued at approximately $5,585,349.92. The trade was a 4.41% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,711 shares of company stock valued at $624,066 over the last 90 days. Insiders own 2.15% of the company's stock.

Huron Consulting Group Company Profile

Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Education, and Commercial. The Healthcare segment provides financial and operational performance improvement consulting services; digital offerings, spanning technology and analytic-related services; software products; organizational transformation services; revenue cycle managed and outsourcing services; financial and capital advisory consulting services; and strategy and innovation consulting services to national and regional health systems, academic and community health systems, federal health system, public, children's and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.