AlphaQuest LLC Buys 6,578 Shares of Huron Consulting Group Inc. $HURN

AlphaQuest LLC grew its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 427.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,117 shares of the business services provider’s stock after buying an additional 6,578 shares during the quarter. AlphaQuest LLC’s holdings in Huron Consulting Group were worth $1,404,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HURN. UBS Group AG grew its stake in shares of Huron Consulting Group by 271.0% during the fourth quarter. UBS Group AG now owns 422,719 shares of the business services provider’s stock worth $73,092,000 after buying an additional 308,770 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Huron Consulting Group by 51.8% during the fourth quarter. Principal Financial Group Inc. now owns 476,863 shares of the business services provider’s stock worth $82,454,000 after buying an additional 162,706 shares during the last quarter. SG Capital Management LLC grew its stake in shares of Huron Consulting Group by 131.8% during the third quarter. SG Capital Management LLC now owns 250,489 shares of the business services provider’s stock worth $36,764,000 after buying an additional 142,448 shares during the last quarter. Boston Partners grew its stake in shares of Huron Consulting Group by 17.0% during the third quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock worth $130,803,000 after buying an additional 129,073 shares during the last quarter. Finally, Thrivent Financial for Lutherans acquired a new position in shares of Huron Consulting Group during the third quarter worth $11,633,000. Institutional investors own 93.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on HURN. Wall Street Zen lowered shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 12th. Wedbush reiterated an “outperform” rating and set a $160.00 price target on shares of Huron Consulting Group in a report on Wednesday, May 6th. Finally, Weiss Ratings lowered shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Huron Consulting Group presently has a consensus rating of “Moderate Buy” and an average target price of $205.50.

Huron Consulting Group Price Performance

Shares of NASDAQ:HURN opened at $104.74 on Thursday. The firm has a market cap of $1.70 billion, a PE ratio of 17.87 and a beta of 0.15. The firm’s fifty day moving average is $121.74 and its 200-day moving average is $147.98. The company has a debt-to-equity ratio of 2.10, a quick ratio of 2.22 and a current ratio of 2.22. Huron Consulting Group Inc. has a 52 week low of $100.10 and a 52 week high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.15. The company had revenue of $451.77 million for the quarter, compared to analyst estimates of $437.12 million. Huron Consulting Group had a net margin of 5.94% and a return on equity of 29.41%. Huron Consulting Group’s revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.68 earnings per share. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. Sell-side analysts predict that Huron Consulting Group Inc. will post 8.71 earnings per share for the current year.

Insider Activity

In related news, Director Joy Brown sold 1,821 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $105.01, for a total value of $191,223.21. Following the transaction, the director owned 8,575 shares in the company, valued at $900,460.75. The trade was a 17.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Debra Zumwalt sold 598 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $118.44, for a total transaction of $70,827.12. Following the completion of the transaction, the director owned 27,201 shares in the company, valued at approximately $3,221,686.44. The trade was a 2.15% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 3,658 shares of company stock worth $415,931 in the last three months. Corporate insiders own 2.07% of the company’s stock.

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.