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

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Opal Wealth Advisors LLC acquired a new stake in shares of Huron Consulting Group in the 1st quarter valued at approximately $35,000. Heck Capital Advisors LLC bought a new stake in Huron Consulting Group during the 4th quarter worth approximately $33,000. CWM LLC increased its stake in Huron Consulting Group by 55.9% during the 1st quarter. CWM LLC now owns 407 shares of the business services provider's stock worth $58,000 after purchasing an additional 146 shares in the last quarter. Vestcor Inc bought a new stake in Huron Consulting Group during the 1st quarter worth approximately $60,000. Finally, Tower Research Capital LLC TRC grew its stake in shares of Huron Consulting Group by 27.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 569 shares of the business services provider's stock worth $71,000 after acquiring an additional 122 shares in the last quarter. Institutional investors and hedge funds own 93.90% of the company's stock.

Huron Consulting Group Stock Up 0.5%

Shares of NASDAQ:HURN traded up $0.7250 on Thursday, reaching $136.0150. The company had a trading volume of 35,605 shares, compared to its average volume of 202,534. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 1.35. The firm has a market capitalization of $2.35 billion, a PE ratio of 23.74 and a beta of 0.26. Huron Consulting Group Inc. has a 52-week low of $102.58 and a 52-week high of $155.00. The firm's 50 day simple moving average is $133.61 and its 200-day simple moving average is $138.75.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The business services provider reported $1.89 earnings per share 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 company had revenue of $402.50 million during the quarter, compared to analysts' expectations of $402.67 million. During the same quarter in the prior year, the firm posted $1.68 EPS. Huron Consulting Group's quarterly revenue was up 8.3% compared to the same quarter last year. Huron Consulting Group has set its FY 2025 guidance at 7.300-7.70 EPS. As a group, analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Huron Consulting Group news, Director H Eugene Lockhart sold 1,040 shares of the firm's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $136.74, for a total value of $142,209.60. Following the transaction, the director owned 8,162 shares of the company's stock, valued at $1,116,071.88. This trade represents a 11.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $129.11, for a total transaction of $64,555.00. Following the completion of the transaction, the director owned 51,317 shares in the company, valued at approximately $6,625,537.87. This trade represents a 0.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,711 shares of company stock valued at $624,066 over the last ninety days. Insiders own 2.15% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on HURN shares. Wall Street Zen downgraded Huron Consulting Group from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Barrington Research upped their target price on Huron Consulting Group from $173.00 to $176.00 and gave the company an "outperform" rating in a report on Thursday, August 7th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Huron Consulting Group has a consensus rating of "Buy" and an average price target of $171.50.

Huron Consulting Group 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.