Robeco Institutional Asset Management B.V. Acquires Shares of 42,384 Huron Consulting Group Inc. $HURN

Key Points

• Robeco Institutional Asset Management B.V. acquired 42,384 shares of Huron Consulting Group Inc., valued at approximately $5.83 million, representing about 0.25% of the company as of their last SEC filing.
• Huron Consulting Group Inc. received a majority of positive analyst ratings, including a target price increase by Barrington Research from $173.00 to $176.00, with a current consensus target price of $171.50.
• Insider trading has seen sales of shares by directors, with a total of 8,467 shares worth over $1.16 million sold in the last three months, indicating a 4.84% decrease in ownership for one director.

Robeco Institutional Asset Management B.V. acquired a new stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 42,384 shares of the business services provider's stock, valued at approximately $5,829,000. Robeco Institutional Asset Management B.V. owned approximately 0.25% of Huron Consulting Group as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Sowell Financial Services LLC bought a new stake in Huron Consulting Group during the 1st quarter valued at approximately $203,000. KBC Group NV bought a new stake in Huron Consulting Group during the 1st quarter valued at approximately $128,000. Lisanti Capital Growth LLC bought a new stake in Huron Consulting Group during the 1st quarter valued at approximately $4,626,000. GSA Capital Partners LLP bought a new stake in Huron Consulting Group during the 1st quarter valued at approximately $760,000. Finally, Informed Momentum Co LLC purchased a new position in shares of Huron Consulting Group during the first quarter valued at approximately $3,988,000. 93.90% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

HURN has been the subject of several recent research reports. Weiss Ratings reiterated a "buy (b)" rating on shares of Huron Consulting Group in a report on Saturday, September 27th. Barrington Research lifted their target price 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. Finally, Wall Street Zen lowered shares of Huron Consulting Group from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $171.50.

Huron Consulting Group Price Performance

Shares of NASDAQ HURN opened at $150.20 on Tuesday. Huron Consulting Group Inc. has a twelve month low of $102.94 and a twelve month high of $155.00. The firm has a market cap of $2.60 billion, a P/E ratio of 26.21 and a beta of 0.29. The company has a 50 day moving average of $138.20 and a 200 day moving average of $139.67. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 1.35.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its quarterly earnings data 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 analyst estimates of $402.67 million. During the same period in the previous year, the business earned $1.68 EPS. The firm's revenue for the quarter 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, research analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Kyle Featherstone sold 375 shares of the business's stock in a transaction that occurred 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 transaction, the insider directly owned 1,311 shares in the company, valued at $177,942.03. The trade was a 22.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James H. Roth sold 2,000 shares of the business's stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $146.30, for a total transaction of $292,600.00. Following the sale, the director owned 39,304 shares of the company's stock, valued at approximately $5,750,175.20. This represents a 4.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,467 shares of company stock worth $1,165,540 in the last three months. Insiders own 2.15% of the company's stock.

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.

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