5,400 Shares in Huron Consulting Group Inc. $HURN Acquired by Torray Investment Partners LLC

by · The Cerbat Gem

Torray Investment Partners LLC purchased a new position in shares of Huron Consulting Group Inc. (NASDAQ:HURN – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 5,400 shares of the business services provider’s stock, valued at approximately $793,000.

A number of other hedge funds also recently made changes to their positions in HURN. California State Teachers Retirement System increased its position in Huron Consulting Group by 0.5% during the 2nd quarter. California State Teachers Retirement System now owns 16,396 shares of the business services provider’s stock worth $2,255,000 after purchasing an additional 76 shares in the last quarter. Savant Capital LLC raised its holdings in shares of Huron Consulting Group by 6.9% during the 2nd quarter. Savant Capital LLC now owns 1,686 shares of the business services provider’s stock valued at $232,000 after buying an additional 109 shares during the period. Harbor Capital Advisors Inc. lifted its position in Huron Consulting Group by 3.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 4,420 shares of the business services provider’s stock worth $649,000 after acquiring an additional 137 shares in the last quarter. Suncoast Equity Management boosted its holdings in Huron Consulting Group by 3.1% in the 3rd quarter. Suncoast Equity Management now owns 5,735 shares of the business services provider’s stock worth $842,000 after acquiring an additional 170 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey boosted its holdings in Huron Consulting Group by 5.7% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 3,966 shares of the business services provider’s stock worth $545,000 after acquiring an additional 215 shares during the period. Institutional investors and hedge funds own 93.90% of the company’s stock.

Insider Transactions at Huron Consulting Group

In other Huron Consulting Group news, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction on Monday, December 1st. The shares were sold at an average price of $164.57, for a total value of $329,140.00. Following the completion of the transaction, the director owned 35,304 shares of the company’s stock, valued at $5,809,979.28. The trade was a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Ekta Singh-Bushell sold 1,000 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $178.55, for a total transaction of $178,550.00. Following the sale, the director owned 14,341 shares of the company’s stock, valued at approximately $2,560,585.55. The trade was a 6.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 21,753 shares of company stock worth $3,610,084 in the last quarter. Insiders own 2.15% of the company’s stock.

Huron Consulting Group Stock Performance

Shares of Huron Consulting Group stock opened at $180.92 on Tuesday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.44 and a current ratio of 1.44. Huron Consulting Group Inc. has a 1 year low of $120.25 and a 1 year high of $182.71. The firm’s 50-day simple moving average is $169.95 and its 200-day simple moving average is $149.96. The firm has a market cap of $3.12 billion, a PE ratio of 30.30 and a beta of 0.11.

Huron Consulting Group (NASDAQ:HURN – Get Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The business services provider reported $2.10 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.24. The business had revenue of $441.28 million during the quarter, compared to the consensus estimate of $418.13 million. Huron Consulting Group had a return on equity of 27.06% and a net margin of 6.54%.The company’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same period last year, the firm earned $1.68 earnings per share. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. Equities analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on HURN shares. Barrington Research lifted their price objective on shares of Huron Consulting Group from $190.00 to $207.00 and gave the company an “outperform” rating in a research note on Monday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Huron Consulting Group in a research note on Wednesday, October 8th. Benchmark upped their price objective on shares of Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a research report on Wednesday, December 24th. Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Finally, Truist Financial lifted their target price on Huron Consulting Group from $180.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $206.75.

View Our Latest Stock Report on HURN

Huron Consulting Group Profile

(Free Report)

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.

See Also

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