Y Intercept Hong Kong Ltd Invests $1.26 Million in Huron Consulting Group Inc. $HURN

Y Intercept Hong Kong Ltd bought a new stake in Huron Consulting Group Inc. (NASDAQ:HURN) in the first quarter, HoldingsChannel.com reports. The institutional investor bought 9,911 shares of the business services provider’s stock, valued at approximately $1,264,000.

A number of other institutional investors have also made changes to their positions in HURN. Keybank National Association OH grew its holdings in Huron Consulting Group by 5.6% during the 1st quarter. Keybank National Association OH now owns 3,789 shares of the business services provider’s stock worth $483,000 after acquiring an additional 200 shares during the last quarter. Harbor Investment Advisory LLC bought a new position in shares of Huron Consulting Group in the first quarter worth about $159,000. OLD National Bancorp IN lifted its position in shares of Huron Consulting Group by 9.8% during the first quarter. OLD National Bancorp IN now owns 1,585 shares of the business services provider’s stock worth $202,000 after purchasing an additional 142 shares in the last quarter. BTC Capital Management Inc. grew its stake in shares of Huron Consulting Group by 19.7% during the first quarter. BTC Capital Management Inc. now owns 3,235 shares of the business services provider’s stock valued at $412,000 after purchasing an additional 533 shares during the last quarter. Finally, OP Asset Management Ltd bought a new stake in shares of Huron Consulting Group during the first quarter valued at approximately $176,000. 93.90% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

HURN has been the subject of several research analyst reports. Wedbush restated an “outperform” rating and issued a $160.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, May 6th. Truist Financial decreased their price objective on Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a research report on Tuesday, June 9th. Barrington Research reissued an “outperform” rating on shares of Huron Consulting Group in a research note on Wednesday, June 17th. Wall Street Zen raised Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, July 4th. Finally, Weiss Ratings cut Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $184.25.

Huron Consulting Group Trading Up 3.3%

Shares of HURN traded up $3.34 on Friday, reaching $105.85. 192,769 shares of the company’s stock were exchanged, compared to its average volume of 312,331. The business has a 50 day moving average price of $105.63 and a two-hundred day moving average price of $133.23. Huron Consulting Group Inc. has a 12 month low of $84.88 and a 12 month high of $186.77. The stock has a market capitalization of $1.72 billion, a P/E ratio of 18.06 and a beta of 0.12. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 2.10.

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

Insider Transactions at Huron Consulting Group

In other Huron Consulting Group news, Director Debra Zumwalt sold 598 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $118.44, for a total value of $70,827.12. Following the transaction, the director owned 27,201 shares of the company’s stock, valued at approximately $3,221,686.44. This represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $191,223.21. Following the transaction, the director owned 8,575 shares in the company, valued at approximately $900,460.75. This trade represents a 17.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,862 shares of company stock worth $314,519 in the last three months. 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.