Rice Hall James & Associates LLC Has $2.76 Million Stock Holdings in Huron Consulting Group Inc. $HURN

Rice Hall James & Associates LLC reduced its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 31.9% in the third quarter, Holdings Channel reports. The institutional investor owned 18,824 shares of the business services provider’s stock after selling 8,833 shares during the period. Rice Hall James & Associates LLC’s holdings in Huron Consulting Group were worth $2,763,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in HURN. Burney Co. acquired a new stake in shares of Huron Consulting Group in the 3rd quarter worth about $938,000. Harbor Capital Advisors Inc. raised its stake in shares of Huron Consulting Group by 3.2% in the third quarter. Harbor Capital Advisors Inc. now owns 4,420 shares of the business services provider’s stock worth $649,000 after purchasing an additional 137 shares during the last quarter. OLD National Bancorp IN bought a new position in shares of Huron Consulting Group in the third quarter valued at approximately $204,000. Osaic Holdings Inc. boosted its position in shares of Huron Consulting Group by 911.6% during the second quarter. Osaic Holdings Inc. now owns 5,341 shares of the business services provider’s stock valued at $762,000 after buying an additional 4,813 shares during the last quarter. Finally, Orion Porfolio Solutions LLC grew its holdings in Huron Consulting Group by 7.1% during the second quarter. Orion Porfolio Solutions LLC now owns 4,292 shares of the business services provider’s stock worth $590,000 after buying an additional 283 shares in the last quarter. 93.90% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Truist Financial raised their price objective on Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, November 14th. Wall Street Zen upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a report on Wednesday, October 8th. Finally, Benchmark upped their price objective on shares of Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Wednesday. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $199.00.

Huron Consulting Group Trading Up 0.3%

Shares of Huron Consulting Group stock opened at $180.66 on Friday. Huron Consulting Group Inc. has a 1 year low of $120.25 and a 1 year high of $182.71. The firm has a market cap of $3.11 billion, a PE ratio of 30.26 and a beta of 0.18. The stock has a fifty day moving average price of $167.26 and a 200-day moving average price of $148.15. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.44 and a quick ratio of 1.44.

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

Insider Activity at Huron Consulting Group

In other news, Director John Mccartney sold 6,500 shares of the stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $161.44, for a total transaction of $1,049,360.00. Following the completion of the transaction, the director directly owned 43,317 shares of the company’s stock, valued at $6,993,096.48. This represents a 13.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ekta Singh-Bushell sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $178.55, for a total transaction of $178,550.00. Following the sale, the director owned 14,341 shares of the company’s stock, valued at approximately $2,560,585.55. The trade was a 6.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 25,970 shares of company stock valued at $4,232,162 in the last three months. Insiders own 2.15% 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.