UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $65.73 Million Holdings in Huron Consulting Group Inc. $HURN

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its stake in Huron Consulting Group Inc. (NASDAQ:HURN) by 3.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 729,057 shares of the business services provider’s stock after selling 23,159 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Huron Consulting Group were worth $65,732,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. CWM LLC boosted its holdings in Huron Consulting Group by 14.9% during the fourth quarter. CWM LLC now owns 464 shares of the business services provider’s stock worth $80,000 after buying an additional 60 shares during the last quarter. California State Teachers Retirement System boosted its stake 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 last quarter. Wedbush Securities Inc. grew its holdings in Huron Consulting Group by 4.8% during the fourth quarter. Wedbush Securities Inc. now owns 1,861 shares of the business services provider’s stock valued at $322,000 after purchasing an additional 85 shares during the period. Truist Financial Corp grew its holdings in shares of Huron Consulting Group by 1.4% in the 4th quarter. Truist Financial Corp now owns 6,485 shares of the business services provider’s stock valued at $1,121,000 after buying an additional 87 shares during the period. Finally, State of Wyoming increased its position in shares of Huron Consulting Group by 3.5% in the 4th quarter. State of Wyoming now owns 3,098 shares of the business services provider’s stock valued at $536,000 after buying an additional 105 shares in the last quarter. Institutional investors and hedge funds own 93.90% of the company’s stock.

Huron Consulting Group Trading Down 0.5%

Shares of NASDAQ:HURN opened at $156.64 on Thursday. The company’s fifty day simple moving average is $132.08 and its 200 day simple moving average is $125.00. The firm has a market cap of $2.49 billion, a price-to-earnings ratio of 23.45 and a beta of 0.07. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 2.11. Huron Consulting Group Inc. has a 12 month low of $84.88 and a 12 month high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, July 28th. The business services provider reported $2.46 EPS for the quarter, beating analysts’ consensus estimates of $2.17 by $0.29. The company had revenue of $475.04 million for the quarter, compared to analyst estimates of $448.98 million. Huron Consulting Group had a return on equity of 32.33% and a net margin of 6.38%.The company’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.89 earnings per share. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. As a group, research analysts forecast that Huron Consulting Group Inc. will post 9.18 EPS for the current fiscal year.

Insider Activity at Huron Consulting Group

In other news, insider Kyle Featherstone sold 459 shares of Huron Consulting Group stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $152.67, for a total value of $70,075.53. Following the sale, the insider directly owned 1,050 shares in the company, valued at $160,303.50. This trade represents a 30.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO C. Mark Hussey sold 24,072 shares of the business’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $165.59, for a total transaction of $3,986,082.48. Following the completion of the sale, the chief executive officer directly owned 74,399 shares in the company, valued at approximately $12,319,730.41. This represents a 24.45% decrease in their position. 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 own 2.07% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on HURN shares. Barrington Research reiterated an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, June 17th. Truist Financial lowered their price target on Huron Consulting Group to $155.00 and set a “buy” rating for the company in a report on Tuesday, June 9th. Wedbush reaffirmed an “outperform” rating and set a $160.00 price target on shares of Huron Consulting Group in a research report on Wednesday, May 6th. Zacks Research upgraded Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Huron Consulting Group in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $184.25.

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.