Burney Co. Takes $938,000 Position in Huron Consulting Group Inc. $HURN

Burney Co. acquired a new stake in Huron Consulting Group Inc. (NASDAQ:HURN) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 6,393 shares of the business services provider’s stock, valued at approximately $938,000.

Other large investors have also recently added to or reduced their stakes in the company. Quarry LP bought a new position in shares of Huron Consulting Group in the first quarter valued at approximately $31,000. N.E.W. Advisory Services LLC acquired a new position in Huron Consulting Group in the 2nd quarter valued at $41,000. EverSource Wealth Advisors LLC raised its holdings in Huron Consulting Group by 1,018.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the business services provider’s stock worth $51,000 after acquiring an additional 336 shares during the period. SBI Securities Co. Ltd. lifted its position in Huron Consulting Group by 725.5% during the 2nd quarter. SBI Securities Co. Ltd. now owns 421 shares of the business services provider’s stock worth $58,000 after acquiring an additional 370 shares during the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new position in Huron Consulting Group during the 2nd quarter worth $157,000. Institutional investors own 93.90% of the company’s stock.

Insider Buying and Selling at Huron Consulting Group

In related news, Director James H. Roth sold 2,000 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $164.57, for a total value of $329,140.00. Following the completion of the transaction, the director owned 35,304 shares of the company’s stock, valued at $5,809,979.28. This represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John Mccartney sold 500 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $164.20, for a total value of $82,100.00. Following the completion of the sale, the director owned 42,817 shares in the company, valued at approximately $7,030,551.40. This represents a 1.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 25,970 shares of company stock worth $4,232,162. Insiders own 2.15% of the company’s stock.

Huron Consulting Group Price Performance

Shares of HURN stock opened at $180.66 on Monday. Huron Consulting Group Inc. has a 12 month low of $120.25 and a 12 month high of $182.71. The company has a market capitalization of $3.11 billion, a P/E ratio of 30.26 and a beta of 0.18. The stock has a 50 day moving average of $167.26 and a two-hundred day moving average of $148.24. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 1.18.

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

Analyst Ratings Changes

A number of equities analysts have recently commented on HURN shares. Benchmark lifted their price objective on Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, December 24th. Truist Financial lifted their price target on Huron Consulting Group from $180.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Huron Consulting Group in a research report on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Six analysts have rated the stock with a Buy rating, According to MarketBeat.com, Huron Consulting Group currently has a consensus rating of “Buy” and an average target price of $199.00.

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.