Fox Run Management L.L.C. Takes $280,000 Position in Huron Consulting Group Inc. $HURN

Fox Run Management L.L.C. bought a new position in Huron Consulting Group Inc. (NASDAQ:HURN) during the second quarter, HoldingsChannel reports. The fund bought 2,038 shares of the business services provider’s stock, valued at approximately $280,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Quarry LP bought a new stake in Huron Consulting Group during the first quarter valued at about $31,000. CWM LLC grew its stake in shares of Huron Consulting Group by 55.9% during the 1st quarter. CWM LLC now owns 407 shares of the business services provider’s stock valued at $58,000 after acquiring an additional 146 shares during the period. Vestcor Inc bought a new position in shares of Huron Consulting Group during the 1st quarter valued at approximately $60,000. Caitong International Asset Management Co. Ltd purchased a new stake in Huron Consulting Group in the 1st quarter worth approximately $72,000. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new stake in Huron Consulting Group during the 1st quarter worth approximately $72,000. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on HURN shares. Wall Street Zen upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Huron Consulting Group in a report on Wednesday, October 8th. Benchmark increased their price target on Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. Finally, Barrington Research boosted their price objective on Huron Consulting Group from $173.00 to $176.00 and gave the company an “outperform” rating in a research report on Thursday, August 7th. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Huron Consulting Group has a consensus rating of “Buy” and a consensus price target of $175.25.

Huron Consulting Group Price Performance

Shares of NASDAQ:HURN opened at $161.77 on Friday. The firm has a market cap of $2.79 billion, a price-to-earnings ratio of 27.10 and a beta of 0.28. The firm has a fifty day moving average price of $151.04 and a 200 day moving average price of $142.78. Huron Consulting Group Inc. has a fifty-two week low of $116.77 and a fifty-two week high of $174.26. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.99 and a current ratio of 1.44.

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

Insider Buying and Selling

In related news, Director John Mccartney sold 500 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $164.24, for a total transaction of $82,120.00. Following the completion of the transaction, the director directly owned 49,817 shares of the company’s stock, valued at approximately $8,181,944.08. This represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $164.13, for a total value of $328,260.00. Following the completion of the sale, the director directly owned 37,304 shares in the company, valued at approximately $6,122,705.52. The trade was a 5.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 17,808 shares of company stock worth $2,823,525. Corporate insiders own 2.15% of the company’s stock.

Huron Consulting Group Company Profile

Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Education, and Commercial. The Healthcare segment provides financial and operational performance improvement consulting services; digital offerings, spanning technology and analytic-related services; software products; organizational transformation services; revenue cycle managed and outsourcing services; financial and capital advisory consulting services; and strategy and innovation consulting services to national and regional health systems, academic and community health systems, federal health system, public, children’s and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.