Huron Consulting Group Inc. $HURN Shares Bought by Renaissance Group LLC

Renaissance Group LLC raised its position in Huron Consulting Group Inc. (NASDAQ:HURN) by 7.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 70,022 shares of the business services provider’s stock after buying an additional 4,808 shares during the quarter. Renaissance Group LLC owned approximately 0.41% of Huron Consulting Group worth $10,277,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of HURN. Envestnet Asset Management Inc. raised its position in Huron Consulting Group by 7.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 65,233 shares of the business services provider’s stock valued at $9,574,000 after purchasing an additional 4,603 shares during the last quarter. Keeler Thomas Management LLC increased its stake in Huron Consulting Group by 1.7% in the third quarter. Keeler Thomas Management LLC now owns 8,250 shares of the business services provider’s stock valued at $1,211,000 after purchasing an additional 136 shares during the period. Jones Financial Companies Lllp raised its holdings in shares of Huron Consulting Group by 69.8% in the third quarter. Jones Financial Companies Lllp now owns 1,540 shares of the business services provider’s stock valued at $225,000 after buying an additional 633 shares during the last quarter. State of Wyoming boosted its stake in shares of Huron Consulting Group by 163.7% during the third quarter. State of Wyoming now owns 2,993 shares of the business services provider’s stock worth $439,000 after buying an additional 1,858 shares during the period. Finally, Thrivent Financial for Lutherans purchased a new position in shares of Huron Consulting Group during the third quarter worth about $11,633,000. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Huron Consulting Group news, Director James H. Roth sold 2,000 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $164.57, for a total transaction of $329,140.00. Following the transaction, the director directly owned 35,304 shares in the company, valued at approximately $5,809,979.28. This represents a 5.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John Mccartney sold 500 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $168.77, for a total value of $84,385.00. Following the sale, the director directly owned 41,817 shares in the company, valued at $7,057,455.09. This trade represents a 1.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 11,458 shares of company stock valued at $1,886,731 in the last quarter. Insiders own 2.15% of the company’s stock.

Huron Consulting Group Trading Down 1.4%

NASDAQ:HURN opened at $169.67 on Friday. Huron Consulting Group Inc. has a 1 year low of $120.25 and a 1 year high of $186.77. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.44 and a current ratio of 1.44. The stock has a fifty day moving average price of $175.45 and a two-hundred day moving average price of $156.53. The stock has a market capitalization of $2.93 billion, a price-to-earnings ratio of 28.42 and a beta of 0.08.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Huron Consulting Group in a research note on Thursday, January 22nd. Barrington Research upped their price target on Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. Benchmark lifted their price objective on shares of Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a research report on Wednesday, December 24th. Truist Financial boosted their price objective on shares of Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, November 14th. Finally, Wedbush raised their target price on shares of 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 investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $215.50.

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.