HighTower Advisors LLC Makes New Investment in Huron Consulting Group Inc. $HURN

HighTower Advisors LLC acquired a new position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) during the 4th quarter, HoldingsChannel reports. The institutional investor acquired 7,761 shares of the business services provider’s stock, valued at approximately $1,342,000.

A number of other institutional investors have also recently bought and sold shares of the business. CWM LLC boosted 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 worth $80,000 after acquiring an additional 60 shares during the period. California State Teachers Retirement System boosted 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 acquiring an additional 76 shares during the period. Truist Financial Corp boosted its position 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 worth $1,121,000 after acquiring an additional 87 shares during the period. Clearstead Advisors LLC boosted its position in Huron Consulting Group by 86.2% during the 3rd quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock worth $30,000 after acquiring an additional 94 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its position in Huron Consulting Group by 2.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,991 shares of the business services provider’s stock worth $706,000 after acquiring an additional 111 shares during the period. 93.90% of the stock is currently owned by institutional investors and hedge funds.

Huron Consulting Group Stock Down 1.7%

HURN opened at $104.81 on Thursday. Huron Consulting Group Inc. has a fifty-two week low of $100.10 and a fifty-two week high of $186.77. The business has a 50-day moving average of $119.70 and a 200-day moving average of $145.94. The company has a debt-to-equity ratio of 2.10, a current ratio of 2.22 and a quick ratio of 2.22. The company has a market capitalization of $1.70 billion, a PE ratio of 17.89 and a beta of 0.08.

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

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Wall Street Zen lowered Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 12th. Weiss Ratings lowered Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Finally, Wedbush restated an “outperform” rating and set a $160.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, May 6th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $205.50.

Insider Transactions at Huron Consulting Group

In other news, Director Joy Brown sold 1,821 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $105.01, for a total transaction of $191,223.21. Following the completion of the sale, the director directly owned 8,575 shares of the company’s stock, valued at $900,460.75. This trade represents a 17.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John Mccartney sold 500 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $127.68, for a total value of $63,840.00. Following the sale, the director directly owned 40,817 shares of the company’s stock, valued at $5,211,514.56. This trade represents a 1.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 3,658 shares of company stock valued at $415,931 over the last 90 days. Company insiders own 2.07% of the company’s stock.

About Huron Consulting Group

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.