Y Intercept Hong Kong Ltd Takes $1.48 Million Position in Huron Consulting Group Inc. $HURN

Y Intercept Hong Kong Ltd purchased a new position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 10,765 shares of the business services provider’s stock, valued at approximately $1,481,000. Y Intercept Hong Kong Ltd owned approximately 0.06% of Huron Consulting Group as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. 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 worth $58,000 after acquiring an additional 146 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in shares of Huron Consulting Group by 15.6% during the 1st quarter. Nisa Investment Advisors LLC now owns 1,094 shares of the business services provider’s stock worth $157,000 after acquiring an additional 148 shares in the last quarter. Aigen Investment Management LP grew its stake in shares of Huron Consulting Group by 10.5% during the 1st quarter. Aigen Investment Management LP now owns 1,879 shares of the business services provider’s stock worth $270,000 after acquiring an additional 178 shares in the last quarter. Quarry LP acquired a new position in shares of Huron Consulting Group during the 1st quarter worth approximately $31,000. Finally, Xponance Inc. increased its position in shares of Huron Consulting Group by 18.3% during the 1st quarter. Xponance Inc. now owns 1,942 shares of the business services provider’s stock worth $279,000 after purchasing an additional 300 shares during the last quarter. 93.90% of the stock is owned by institutional investors.

Huron Consulting Group Stock Performance

HURN opened at $164.44 on Monday. The business has a fifty day simple moving average of $146.04 and a 200 day simple moving average of $141.07. The company has a market capitalization of $2.84 billion, a PE ratio of 27.54 and a beta of 0.29. Huron Consulting Group Inc. has a 1 year low of $112.94 and a 1 year high of $174.26. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.44 and a quick ratio of 1.99.

Huron Consulting Group (NASDAQ:HURN) last released its earnings results on Tuesday, October 28th. The business services provider reported $2.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.24. The firm had revenue of $432.36 million during the quarter, compared to the consensus estimate of $418.13 million. Huron Consulting Group had a return on equity of 27.06% and a net margin of 6.54%.The company’s revenue was up 16.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.68 EPS. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. Research analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Insider Buying and Selling

In other news, insider Kyle Featherstone sold 375 shares of the company’s stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $135.73, for a total transaction of $50,898.75. Following the completion of the sale, the insider directly owned 1,311 shares in the company, valued at approximately $177,942.03. This represents a 22.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director James H. Roth sold 2,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $146.30, for a total value of $292,600.00. Following the sale, the director owned 39,304 shares of the company’s stock, valued at approximately $5,750,175.20. The trade was a 4.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 17,979 shares of company stock valued at $2,762,076. 2.15% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

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

Huron Consulting Group 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.