SG Americas Securities LLC Acquires 5,425 Shares of Huron Consulting Group Inc. $HURN

SG Americas Securities LLC raised its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 98.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,945 shares of the business services provider’s stock after buying an additional 5,425 shares during the quarter. SG Americas Securities LLC owned about 0.06% of Huron Consulting Group worth $1,892,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Richardson Financial Services Inc. lifted its position in Huron Consulting Group by 68.1% in the third 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 boosted its holdings in shares of Huron Consulting Group by 86.2% in the 3rd quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock worth $30,000 after acquiring an additional 94 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new position in Huron Consulting Group in the third quarter worth $35,000. Advisory Services Network LLC bought a new stake in shares of Huron Consulting Group during the third quarter valued at approximately $36,000. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of Huron Consulting Group during the second quarter worth $41,000. Institutional investors own 93.90% of the company’s stock.

Insider Transactions at Huron Consulting Group

In related news, Director John Mccartney sold 500 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $127.68, for a total value of $63,840.00. Following the completion of the sale, the director directly owned 40,817 shares in the company, valued at approximately $5,211,514.56. This trade represents a 1.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.15% of the company’s stock.

Analysts Set New Price Targets

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

Huron Consulting Group Price Performance

Shares of HURN opened at $130.35 on Monday. The company has a market cap of $2.16 billion, a price-to-earnings ratio of 22.28 and a beta of 0.19. Huron Consulting Group Inc. has a 1-year low of $116.12 and a 1-year high of $186.77. The company’s fifty day simple moving average is $139.93 and its 200 day simple moving average is $156.06. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.93.

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

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.