VIRGINIA RETIREMENT SYSTEMS ET Al Lowers Stake in Huron Consulting Group Inc. $HURN

VIRGINIA RETIREMENT SYSTEMS ET Al reduced its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 57.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,939 shares of the business services provider’s stock after selling 5,300 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Huron Consulting Group were worth $681,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. CWM LLC lifted its position in Huron Consulting Group by 14.9% during the 4th quarter. CWM LLC now owns 464 shares of the business services provider’s stock valued at $80,000 after acquiring an additional 60 shares during the period. California State Teachers Retirement System lifted 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 valued at $2,255,000 after acquiring an additional 76 shares during the period. Richardson Financial Services Inc. lifted its position in Huron Consulting Group by 68.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 195 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 79 shares during the period. Truist Financial Corp increased its stake in Huron Consulting Group by 1.4% during the 4th quarter. Truist Financial Corp now owns 6,485 shares of the business services provider’s stock valued at $1,121,000 after purchasing an additional 87 shares in the last quarter. Finally, Clearstead Advisors LLC raised its holdings in 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 during the last quarter. 93.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

HURN has been the subject of several recent analyst reports. Weiss Ratings cut shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Wedbush reaffirmed an “outperform” rating and issued a $160.00 target price on shares of Huron Consulting Group in a report on Wednesday, May 6th. Finally, Wall Street Zen cut shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 12th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $205.50.

Insiders Place Their Bets

In other Huron Consulting Group news, Director Debra Zumwalt sold 598 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $118.44, for a total value of $70,827.12. Following the completion of the transaction, the director directly owned 27,201 shares in the company, valued at $3,221,686.44. This represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ekta Singh-Bushell sold 443 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $118.44, for a total transaction of $52,468.92. Following the completion of the transaction, the director owned 13,646 shares of the company’s stock, valued at approximately $1,616,232.24. The trade was a 3.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,837 shares of company stock worth $224,707 over the last three months. 2.07% of the stock is currently owned by company insiders.

Huron Consulting Group Stock Performance

Shares of NASDAQ HURN opened at $105.48 on Monday. The firm has a 50 day moving average of $126.48 and a 200 day moving average of $151.28. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 2.10. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 18.00 and a beta of 0.15. Huron Consulting Group Inc. has a 12-month low of $101.49 and a 12-month high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.15. The company had revenue of $451.77 million during the quarter, compared to analyst estimates of $437.12 million. Huron Consulting Group had a net margin of 5.94% and a return on equity of 29.41%. The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.68 earnings per share. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. On average, research analysts anticipate that Huron Consulting Group Inc. will post 8.71 earnings per share for the current year.

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.