American Century Companies Inc. Boosts Stock Holdings in Huron Consulting Group Inc. $HURN

American Century Companies Inc. raised its stake in Huron Consulting Group Inc. (NASDAQ:HURN) by 19.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 194,415 shares of the business services provider’s stock after acquiring an additional 31,345 shares during the period. American Century Companies Inc.’s holdings in Huron Consulting Group were worth $26,740,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Savant Capital LLC grew its position in shares of Huron Consulting Group by 6.9% during the second quarter. Savant Capital LLC now owns 1,686 shares of the business services provider’s stock valued at $232,000 after purchasing an additional 109 shares in the last quarter. CWM LLC lifted its position in shares of Huron Consulting Group by 55.9% in the first quarter. CWM LLC now owns 407 shares of the business services provider’s stock worth $58,000 after buying an additional 146 shares in the last quarter. Aigen Investment Management LP boosted its stake in Huron Consulting Group by 10.5% during the first quarter. Aigen Investment Management LP now owns 1,879 shares of the business services provider’s stock valued at $270,000 after buying an additional 178 shares during the last quarter. Police & Firemen s Retirement System of New Jersey grew its holdings in Huron Consulting Group by 5.7% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 3,966 shares of the business services provider’s stock valued at $545,000 after buying an additional 215 shares in the last quarter. Finally, Quarry LP bought a new stake in Huron Consulting Group in the 1st quarter worth approximately $31,000. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Price Performance

HURN stock opened at $164.61 on Monday. The stock has a market cap of $2.84 billion, a PE ratio of 27.57 and a beta of 0.28. Huron Consulting Group Inc. has a 12 month low of $118.25 and a 12 month high of $174.26. The company has a 50-day moving average price of $156.00 and a 200 day moving average price of $144.10. The company has a current ratio of 1.44, a quick ratio of 1.99 and a debt-to-equity ratio of 1.18.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Tuesday, October 28th. The business services provider reported $2.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.86 by $0.24. The company had revenue of $441.28 million for the quarter, compared to analyst estimates of $418.13 million. Huron Consulting Group had a net margin of 6.54% and a return on equity of 27.06%. The firm’s revenue for the quarter was up 16.7% on a year-over-year basis. 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. Equities research analysts anticipate that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Truist Financial upped their price target 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. Benchmark increased their price objective on shares of Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a research report on Monday, October 27th. Barrington Research lifted their price objective on shares of Huron Consulting Group from $173.00 to $176.00 and gave the stock an “outperform” rating in a research note on Thursday, August 7th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a research report on Wednesday, October 8th. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $190.25.

Insider Transactions at Huron Consulting Group

In related news, Director James H. Roth sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $164.13, for a total transaction of $328,260.00. Following the completion of the sale, the director directly owned 37,304 shares of the company’s stock, valued at approximately $6,122,705.52. This trade represents a 5.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO James Ronald Dail sold 167 shares of the business’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $170.89, for a total value of $28,538.63. Following the transaction, the chief operating officer owned 31,017 shares of the company’s stock, valued at approximately $5,300,495.13. The trade was a 0.54% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 24,308 shares of company stock worth $3,872,885. 2.15% of the stock is currently owned by company insiders.

About Huron Consulting Group

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.