Dimensional Fund Advisors LP Has $106.52 Million Position in Huron Consulting Group Inc. $HURN

Key Points

• Dimensional Fund Advisors LP reduced its stake in Huron Consulting Group Inc. by 21.2%, selling 199,978 shares, and now owns approximately 4.31% of the company valued at $106.5 million.
• Several hedge funds have increased their holdings in Huron Consulting Group, with LPL Financial reporting a 53.4% boost, and Wells Fargo growing its stake by 62.9% in the last quarter.
• Huron's recent quarterly earnings beat estimates with an EPS of $1.89, alongside revenues of $402.5 million, marking an 8.3% year-over-year increase.

Dimensional Fund Advisors LP lessened its holdings in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 21.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 742,593 shares of the business services provider's stock after selling 199,978 shares during the quarter. Dimensional Fund Advisors LP owned approximately 4.31% of Huron Consulting Group worth $106,522,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Wellington Management Group LLP raised its holdings in Huron Consulting Group by 0.9% in the 4th 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 during the last quarter. Invesco Ltd. raised its holdings in Huron Consulting Group by 7.9% during the 1st quarter. Invesco Ltd. now owns 282,017 shares of the business services provider's stock worth $40,455,000 after purchasing an additional 20,680 shares during the last quarter. Nuveen LLC bought a new position in Huron Consulting Group during the 1st quarter worth approximately $38,511,000. Northern Trust Corp raised its holdings in Huron Consulting Group by 10.0% during the 4th quarter. Northern Trust Corp now owns 256,895 shares of the business services provider's stock worth $31,922,000 after purchasing an additional 23,392 shares during the last quarter. Finally, Neumeier Poma Investment Counsel LLC raised its holdings in Huron Consulting Group by 0.7% during the 1st quarter. Neumeier Poma Investment Counsel LLC now owns 244,318 shares of the business services provider's stock worth $35,047,000 after purchasing an additional 1,760 shares during the last quarter. Institutional investors own 93.90% of the company's stock.

Insider Buying and Selling at Huron Consulting Group

In related news, insider Kyle Featherstone sold 375 shares of Huron Consulting Group stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $135.73, for a total value of $50,898.75. Following the completion of the sale, the insider owned 1,311 shares of the company's stock, valued at approximately $177,942.03. This trade represents a 22.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction on Friday, August 1st. The shares were sold at an average price of $129.11, for a total transaction of $64,555.00. Following the completion of the sale, the director directly owned 51,317 shares of the company's stock, valued at approximately $6,625,537.87. The trade was a 0.96% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,711 shares of company stock worth $624,066. 2.15% of the stock is owned by company insiders.

Huron Consulting Group Trading Up 0.6%

Shares of NASDAQ:HURN traded up $0.88 during mid-day trading on Wednesday, hitting $137.45. The company had a trading volume of 130,967 shares, compared to its average volume of 204,303. The firm has a fifty day moving average price of $133.70 and a 200 day moving average price of $139.14. The company has a market capitalization of $2.38 billion, a PE ratio of 23.96 and a beta of 0.26. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.99 and a quick ratio of 1.99. Huron Consulting Group Inc. has a one year low of $102.58 and a one year high of $155.00.

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 earnings per share for the quarter, beating the consensus estimate of $1.79 by $0.10. The company had revenue of $402.50 million during the quarter, compared to analyst estimates of $402.67 million. Huron Consulting Group had a net margin of 6.60% and a return on equity of 25.52%. Huron Consulting Group's revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.68 EPS. Huron Consulting Group has set its FY 2025 guidance at 7.300-7.70 EPS. As a group, research analysts forecast that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have issued reports on HURN. Barrington Research raised their price target 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 lowered shares of Huron Consulting Group from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price 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.