Jefferies Financial Group Inc. Makes New $4.33 Million Investment in Huron Consulting Group Inc. $HURN

Jefferies Financial Group Inc. acquired a new position in Huron Consulting Group Inc. (NASDAQ:HURN) during the third quarter, according to its most recent 13F filing with the SEC. The firm acquired 29,490 shares of the business services provider’s stock, valued at approximately $4,328,000. Jefferies Financial Group Inc. owned 0.17% of Huron Consulting Group at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Richardson Financial Services Inc. grew its holdings in shares of Huron Consulting Group by 68.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 195 shares of the business services provider’s stock worth $29,000 after purchasing an additional 79 shares during the period. Clearstead Advisors LLC raised its holdings in Huron Consulting Group by 86.2% in the third quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock valued at $30,000 after buying an additional 94 shares during the period. N.E.W. Advisory Services LLC acquired a new position in Huron Consulting Group during the second quarter valued at approximately $41,000. McIlrath & Eck LLC acquired a new position in Huron Consulting Group during the third quarter valued at approximately $46,000. Finally, EverSource Wealth Advisors LLC grew its stake in Huron Consulting Group by 1,018.2% during the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the business services provider’s stock worth $51,000 after buying an additional 336 shares during the period. 93.90% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $168.77, for a total transaction of $84,385.00. Following the sale, the director directly owned 41,817 shares of the company’s stock, valued at approximately $7,057,455.09. The trade was a 1.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ekta Singh-Bushell sold 1,000 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $178.55, for a total value of $178,550.00. Following the completion of the transaction, the director owned 14,341 shares in the company, valued at approximately $2,560,585.55. This trade represents a 6.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,796 shares of company stock worth $313,518 in the last quarter. 2.15% of the stock is owned by corporate insiders.

Huron Consulting Group Stock Down 1.6%

Shares of NASDAQ:HURN opened at $142.46 on Tuesday. The company has a market capitalization of $2.41 billion, a price-to-earnings ratio of 24.35 and a beta of 0.13. The company has a 50 day moving average of $159.32 and a two-hundred day moving average of $157.60. Huron Consulting Group Inc. has a 52-week low of $116.12 and a 52-week high of $186.77. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.93.

Huron Consulting Group (NASDAQ:HURN) last posted its earnings results on Tuesday, February 24th. The business services provider reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.23. The business had revenue of $441.96 million for the quarter, compared to analysts’ expectations of $433.57 million. Huron Consulting Group had a net margin of 6.18% and a return on equity of 28.20%. The business’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.90 earnings per share. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. As a group, analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on HURN shares. Benchmark raised their target price on shares of Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a research note on Wednesday, December 24th. Barrington Research upped their price target on shares of Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Wall Street Zen downgraded Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Weiss Ratings reissued a “buy (b)” rating on shares of Huron Consulting Group in a research report on Thursday, January 22nd. Finally, Wedbush boosted their price objective on Huron Consulting Group from $165.00 to $200.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Huron Consulting Group has an average rating of “Buy” and a consensus price target of $215.50.

Huron Consulting Group Profile

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.