Huron Consulting Group Inc. $HURN Shares Purchased by UBS Group AG

UBS Group AG increased its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 271.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 422,719 shares of the business services provider's stock after purchasing an additional 308,770 shares during the quarter. UBS Group AG owned approximately 2.45% of Huron Consulting Group worth $73,092,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in HURN. Richardson Financial Services Inc. grew its holdings in shares of Huron Consulting Group by 68.1% during the third quarter. Richardson Financial Services Inc. now owns 195 shares of the business services provider's stock worth $29,000 after buying an additional 79 shares in the last quarter. Maseco LLP purchased a new position in shares of Huron Consulting Group in the fourth quarter worth about $29,000. Clearstead Advisors LLC lifted its stake in shares of Huron Consulting Group by 86.2% in the third quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider's stock worth $30,000 after buying an additional 94 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new position in Huron Consulting Group during the third quarter worth about $35,000. Finally, Advisory Services Network LLC acquired a new position in Huron Consulting Group during the third quarter worth about $36,000. 93.90% of the stock is owned by institutional investors and hedge funds.

Huron Consulting Group Price Performance

Huron Consulting Group stock opened at $131.29 on Monday. Huron Consulting Group Inc. has a 12-month low of $116.12 and a 12-month high of $186.77. The stock has a market cap of $2.18 billion, a P/E ratio of 22.44 and a beta of 0.15. The company has a 50-day moving average price of $130.66 and a 200 day moving average price of $153.60. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.93.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last posted its earnings results on Tuesday, February 24th. The business services provider reported $2.17 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.23. Huron Consulting Group had a net margin of 6.18% and a return on equity of 28.20%. The company had revenue of $441.96 million for the quarter, compared to analyst estimates of $433.57 million. During the same period in the previous year, the business posted $1.90 EPS. Huron Consulting Group's revenue was up 10.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. Sell-side analysts anticipate that Huron Consulting Group Inc. will post 8.71 earnings per share for the current year.

Insider Activity at Huron Consulting Group

In related news, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $127.68, for a total value of $63,840.00. Following the completion of the transaction, the director owned 40,817 shares in the company, valued at approximately $5,211,514.56. The trade was a 1.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 796 shares of company stock valued at $101,411 over the last ninety days. Company insiders own 2.07% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Weiss Ratings downgraded shares of Huron Consulting Group from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, April 24th. Wall Street Zen upgraded Huron Consulting Group from a "hold" rating to a "buy" rating in a research report on Monday. Wedbush assumed coverage on Huron Consulting Group in a report on Thursday, April 9th. They issued an "outperform" rating and a $160.00 price target for the company. Finally, Barrington Research lifted their price objective on Huron Consulting Group from $190.00 to $207.00 and gave the stock an "outperform" rating in a research report on Monday, January 5th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $205.50.

Huron Consulting Group Company 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.

Want to see what other hedge funds are holding HURN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Huron Consulting Group Inc. (NASDAQ:HURN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.