Quantbot Technologies LP Has $1.15 Million Stake in Huron Consulting Group Inc. $HURN

Key Points

• Quantbot Technologies LP has increased its holdings in Huron Consulting Group Inc. by 35.9%, now owning 8,021 shares valued at approximately $1.15 million.
• Huron Consulting Group received mixed analyst ratings, with Wall Street Zen downgrading the stock from "buy" to "hold," while Barrington Research raised its price target from $173.00 to $176.00.
• Insider transactions show significant shareholder activity, with insider Kyle Featherstone selling 375 shares, resulting in a 22.24% decrease in his ownership.

Quantbot Technologies LP lifted its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 35.9% in the first quarter, according to its most recent filing with the SEC. The firm owned 8,021 shares of the business services provider's stock after acquiring an additional 2,118 shares during the period. Quantbot Technologies LP's holdings in Huron Consulting Group were worth $1,151,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sowell Financial Services LLC bought a new position in shares of Huron Consulting Group during the 1st quarter worth about $203,000. KBC Group NV bought a new position in Huron Consulting Group during the 1st quarter valued at about $128,000. Lisanti Capital Growth LLC bought a new position in Huron Consulting Group during the 1st quarter valued at about $4,626,000. GSA Capital Partners LLP bought a new position in Huron Consulting Group during the 1st quarter valued at about $760,000. Finally, Informed Momentum Co LLC bought a new position in Huron Consulting Group during the 1st quarter valued at about $3,988,000. 93.90% of the stock is owned by institutional investors.

Insider Activity at Huron Consulting Group

In other news, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $128.98, for a total transaction of $257,960.00. Following the completion of the sale, the director owned 43,304 shares in the company, valued at $5,585,349.92. The trade was a 4.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Kyle Featherstone sold 375 shares of Huron Consulting Group stock in a transaction that occurred on 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 of the company's stock, valued at approximately $177,942.03. This represents a 22.24% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 4,711 shares of company stock valued at $624,066. Insiders own 2.15% of the company's stock.

Huron Consulting Group Price Performance

Shares of NASDAQ HURN traded up $1.62 during trading on Friday, reaching $136.96. The company had a trading volume of 192,745 shares, compared to its average volume of 219,964. Huron Consulting Group Inc. has a 52 week low of $102.58 and a 52 week high of $155.00. The stock has a market cap of $2.37 billion, a PE ratio of 23.90 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. The business's 50 day moving average price is $133.95 and its 200-day moving average price is $139.26.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its 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 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 previous year, the firm posted $1.68 earnings per share. The company'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. Analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on HURN shares. Wall Street Zen downgraded shares of Huron Consulting Group from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Barrington Research lifted their price target on shares of Huron Consulting Group from $173.00 to $176.00 and gave the company an "outperform" rating in a report on Thursday, August 7th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average 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.