SG Americas Securities LLC Has $810,000 Holdings in Huron Consulting Group Inc. $HURN

SG Americas Securities LLC lifted its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 276.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,520 shares of the business services provider’s stock after acquiring an additional 4,054 shares during the quarter. SG Americas Securities LLC’s holdings in Huron Consulting Group were worth $810,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. N.E.W. Advisory Services LLC acquired a new position in Huron Consulting Group during the second quarter valued at approximately $41,000. McIlrath & Eck LLC acquired a new position in Huron Consulting Group in the 3rd quarter valued at $46,000. EverSource Wealth Advisors LLC boosted its holdings in Huron Consulting Group by 1,018.2% during the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the business services provider’s stock valued at $51,000 after acquiring an additional 336 shares during the period. SBI Securities Co. Ltd. grew its position in shares of Huron Consulting Group by 725.5% in the second quarter. SBI Securities Co. Ltd. now owns 421 shares of the business services provider’s stock valued at $58,000 after purchasing an additional 370 shares during the last quarter. Finally, OLD National Bancorp IN bought a new position in shares of Huron Consulting Group in the third quarter worth about $204,000. 93.90% of the stock is owned by institutional investors.

Huron Consulting Group Stock Down 2.6%

Shares of HURN opened at $178.73 on Wednesday. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 1.18. The company has a 50-day moving average price of $173.61 and a two-hundred day moving average price of $153.50. The stock has a market cap of $3.08 billion, a price-to-earnings ratio of 29.94 and a beta of 0.11. Huron Consulting Group Inc. has a 12 month low of $120.25 and a 12 month high of $186.77.

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

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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO James Ronald Dail sold 7,824 shares of the stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $169.53, for a total transaction of $1,326,402.72. Following the completion of the sale, the chief operating officer owned 31,184 shares in the company, valued at $5,286,623.52. This represents a 20.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 22,049 shares of company stock worth $3,660,668 over the last ninety days. Corporate insiders own 2.15% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on HURN shares. Barrington Research lifted their price target on Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Benchmark boosted their price objective on shares of Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Wednesday, December 24th. Wedbush upped their price objective on shares of Huron Consulting Group from $165.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Huron Consulting Group in a research note on Wednesday, October 8th. Six research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price 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.