Rice Hall James & Associates LLC Has $2.76 Million Holdings in Huron Consulting Group Inc. $HURN

Rice Hall James & Associates LLC decreased its holdings in Huron Consulting Group Inc. (NASDAQ:HURN) by 31.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,824 shares of the business services provider’s stock after selling 8,833 shares during the quarter. Rice Hall James & Associates LLC owned approximately 0.11% of Huron Consulting Group worth $2,763,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of HURN. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Huron Consulting Group by 149.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,199,574 shares of the business services provider’s stock valued at $172,079,000 after buying an additional 719,199 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Huron Consulting Group by 27.5% in the second quarter. Franklin Resources Inc. now owns 610,908 shares of the business services provider’s stock valued at $84,024,000 after acquiring an additional 131,620 shares during the last quarter. Jennison Associates LLC increased its position in Huron Consulting Group by 17.4% during the 2nd quarter. Jennison Associates LLC now owns 581,397 shares of the business services provider’s stock valued at $79,965,000 after purchasing an additional 86,069 shares during the period. Sunriver Management LLC increased its position in Huron Consulting Group by 10.6% during the 2nd quarter. Sunriver Management LLC now owns 378,211 shares of the business services provider’s stock valued at $52,019,000 after purchasing an additional 36,303 shares during the period. Finally, Neumeier Poma Investment Counsel LLC raised its holdings in Huron Consulting Group by 11.7% during the 2nd quarter. Neumeier Poma Investment Counsel LLC now owns 272,845 shares of the business services provider’s stock worth $37,527,000 after purchasing an additional 28,527 shares during the last quarter. 93.90% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

HURN has been the topic of a number of analyst reports. Benchmark upped 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 note on Wednesday. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a report on Wednesday, October 8th. 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 report on Friday, November 14th. Finally, Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $199.00.

Huron Consulting Group Stock Performance

NASDAQ:HURN opened at $180.66 on Friday. The firm has a market capitalization of $3.11 billion, a P/E ratio of 30.26 and a beta of 0.18. Huron Consulting Group Inc. has a twelve month low of $120.25 and a twelve month high of $182.71. The company has a fifty day moving average of $167.26 and a 200-day moving average of $148.15. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 1.18.

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

Insider Transactions at Huron Consulting Group

In other Huron Consulting Group news, Director James H. Roth sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $164.57, for a total value of $329,140.00. Following the completion of the sale, the director owned 35,304 shares of the company’s stock, valued at approximately $5,809,979.28. This trade represents a 5.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Ekta Singh-Bushell sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $178.55, for a total value of $178,550.00. Following the sale, the director owned 14,341 shares of the company’s stock, valued at approximately $2,560,585.55. This represents a 6.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 25,970 shares of company stock valued at $4,232,162. 2.15% of the stock is currently owned by corporate insiders.

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.