Vanguard Group Inc. Has $276.01 Million Stock Holdings in Huron Consulting Group Inc. $HURN

Key Points

• Vanguard Group Inc. increased its stake in Huron Consulting Group by 0.2%, holding about 11.16% of the company's shares, valued at $276 million as of the latest SEC filing.
• Insider transactions reveal that two directors sold shares recently, with James H. Roth selling 2,000 shares and John Mccartney selling 500 shares, indicating a decrease in their respective ownership stakes.
• Equities analysts have mixed ratings for Huron Consulting Group; Barrington Research upgraded the stock to an "outperform" rating while Wall Street Zen downgraded it to a "hold," reflecting differing perspectives on the company's future performance.

Vanguard Group Inc. boosted its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 0.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,924,103 shares of the business services provider's stock after purchasing an additional 3,259 shares during the period. Vanguard Group Inc. owned approximately 11.16% of Huron Consulting Group worth $276,013,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Wellington Management Group LLP lifted its stake in Huron Consulting Group by 0.9% during the fourth quarter. Wellington Management Group LLP now owns 543,236 shares of the business services provider's stock valued at $67,503,000 after buying an additional 4,946 shares in the last quarter. Northern Trust Corp lifted its stake in Huron Consulting Group by 10.0% during the fourth quarter. Northern Trust Corp now owns 256,895 shares of the business services provider's stock valued at $31,922,000 after buying an additional 23,392 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Huron Consulting Group by 27.4% during the first quarter. Assenagon Asset Management S.A. now owns 177,449 shares of the business services provider's stock valued at $25,455,000 after buying an additional 38,163 shares in the last quarter. Millennium Management LLC lifted its stake in Huron Consulting Group by 58.7% during the fourth quarter. Millennium Management LLC now owns 92,872 shares of the business services provider's stock valued at $11,540,000 after buying an additional 34,353 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Huron Consulting Group by 9.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 59,475 shares of the business services provider's stock valued at $7,390,000 after buying an additional 4,971 shares in the last quarter. 93.90% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Huron Consulting Group

In related news, Director John Mccartney sold 500 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $129.11, for a total value of $64,555.00. Following the transaction, the director owned 51,317 shares in the company, valued at approximately $6,625,537.87. This represents a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director James H. Roth sold 2,000 shares of the stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $128.98, for a total value of $257,960.00. Following the completion of the transaction, the director owned 43,304 shares in the company, valued at $5,585,349.92. This represents a 4.41% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,711 shares of company stock worth $624,066. Corporate insiders own 2.15% of the company's stock.

Analysts Set New Price Targets

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

Huron Consulting Group Stock Up 2.3%

Shares of NASDAQ HURN traded up $3.05 during mid-day trading on Friday, reaching $138.44. The company had a trading volume of 11,300 shares, compared to its average volume of 201,682. The stock has a fifty day moving average of $133.59 and a two-hundred day moving average of $138.81. Huron Consulting Group Inc. has a 12-month low of $102.58 and a 12-month high of $155.00. The company has a market capitalization of $2.40 billion, a price-to-earnings ratio of 24.02 and a beta of 0.26. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.99 and a current ratio of 1.99.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The business services provider reported $1.89 EPS for the quarter, topping analysts' consensus estimates of $1.79 by $0.10. Huron Consulting Group had a return on equity of 25.52% and a net margin of 6.60%.The firm had revenue of $402.50 million for the quarter, compared to the consensus estimate of $402.67 million. During the same quarter in the prior year, the company posted $1.68 earnings per share. The firm'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, equities research analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

About Huron Consulting Group

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.