Tudor Investment Corp ET AL Sells 26,909 Shares of Huron Consulting Group Inc. $HURN

Tudor Investment Corp ET AL lowered its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 88.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,551 shares of the business services provider’s stock after selling 26,909 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Huron Consulting Group were worth $521,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Boston Partners lifted its position in shares of Huron Consulting Group by 17.0% during the 3rd quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock valued at $130,803,000 after acquiring an additional 129,073 shares during the period. Franklin Resources Inc. increased its position in shares of Huron Consulting Group by 0.5% in the third quarter. Franklin Resources Inc. now owns 614,248 shares of the business services provider’s stock worth $90,153,000 after purchasing an additional 3,340 shares during the period. Sunriver Management LLC increased its position in shares of Huron Consulting Group by 19.5% in the third quarter. Sunriver Management LLC now owns 451,985 shares of the business services provider’s stock worth $66,338,000 after purchasing an additional 73,774 shares during the period. BloombergSen Inc. raised its stake in Huron Consulting Group by 56.2% in the third quarter. BloombergSen Inc. now owns 365,167 shares of the business services provider’s stock valued at $53,596,000 after purchasing an additional 131,365 shares in the last quarter. Finally, Neumeier Poma Investment Counsel LLC lifted its position in Huron Consulting Group by 1.7% during the third quarter. Neumeier Poma Investment Counsel LLC now owns 277,476 shares of the business services provider’s stock worth $40,725,000 after purchasing an additional 4,631 shares during the period. Institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Price Performance

Shares of NASDAQ:HURN opened at $127.49 on Wednesday. Huron Consulting Group Inc. has a one year low of $116.12 and a one year high of $186.77. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.17 and a quick ratio of 1.17. The company has a market cap of $2.11 billion, a price-to-earnings ratio of 21.79 and a beta of 0.12. The firm has a 50 day simple moving average of $142.57 and a 200 day simple moving average of $156.30.

Huron Consulting Group (NASDAQ:HURN) last posted its earnings results on Tuesday, February 24th. The business services provider reported $2.17 earnings per share for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $433.57 million. During the same quarter in the previous year, the firm posted $1.90 earnings per share. The company’s revenue was up 10.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. Research analysts predict that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Debra Zumwalt sold 170 shares of Huron Consulting Group stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $170.89, for a total transaction of $29,051.30. Following the sale, the director directly owned 26,469 shares of the company’s stock, valued at approximately $4,523,287.41. This trade represents a 0.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John Mccartney sold 500 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $168.77, for a total value of $84,385.00. Following the sale, the director owned 41,817 shares in the company, valued at approximately $7,057,455.09. This trade represents a 1.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 796 shares of company stock worth $134,968 in the last 90 days. 2.07% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on HURN. Barrington Research increased their price objective on shares of Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a research report on Thursday, January 22nd. Wall Street Zen downgraded shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Saturday. Benchmark lifted 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, December 24th. Finally, Wedbush boosted 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. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Huron Consulting Group presently has a consensus rating of “Buy” and an average price target 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.