Leeward Investments LLC MA Has $24.11 Million Stake in Huron Consulting Group Inc. $HURN

Leeward Investments LLC MA decreased its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 11.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 175,275 shares of the business services provider’s stock after selling 21,945 shares during the quarter. Huron Consulting Group makes up approximately 1.3% of Leeward Investments LLC MA’s portfolio, making the stock its 13th biggest position. Leeward Investments LLC MA’s holdings in Huron Consulting Group were worth $24,107,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Huron Consulting Group by 149.7% during 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 acquiring an additional 719,199 shares in the last quarter. Invesco Ltd. lifted its holdings in Huron Consulting Group by 7.9% during the 1st quarter. Invesco Ltd. now owns 282,017 shares of the business services provider’s stock worth $40,455,000 after buying an additional 20,680 shares during the period. Nuveen LLC acquired a new position in Huron Consulting Group during the 1st quarter worth about $38,511,000. Neumeier Poma Investment Counsel LLC lifted its holdings in Huron Consulting Group by 0.7% during the 1st quarter. Neumeier Poma Investment Counsel LLC now owns 244,318 shares of the business services provider’s stock worth $35,047,000 after buying an additional 1,760 shares during the period. Finally, BloombergSen Inc. acquired a new position in Huron Consulting Group during the 2nd quarter worth about $32,157,000. Institutional investors and hedge funds own 93.90% of the company’s stock.

Huron Consulting Group Stock Performance

Shares of Huron Consulting Group stock opened at $153.07 on Friday. Huron Consulting Group Inc. has a one year low of $102.94 and a one year high of $155.00. The firm has a market capitalization of $2.65 billion, a price-to-earnings ratio of 26.71 and a beta of 0.29. The business has a 50-day simple moving average of $143.53 and a 200 day simple moving average of $140.47. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.99 and a quick ratio of 1.99.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Thursday, July 31st. The business services provider reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.79 by $0.10. Huron Consulting Group had a return on equity of 25.52% and a net margin of 6.60%.The business had revenue of $402.50 million during the quarter, compared to analyst estimates of $402.67 million. During the same period in the previous year, the company posted $1.68 EPS. The firm’s revenue was up 8.3% compared to the same quarter last year. Huron Consulting Group has set its FY 2025 guidance at 7.300-7.70 EPS. On average, research analysts anticipate that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on HURN. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Huron Consulting Group in a report on Saturday. Barrington Research lifted their price objective on Huron Consulting Group from $173.00 to $176.00 and gave the stock an “outperform” rating in a research report on Thursday, August 7th. Finally, Wall Street Zen lowered Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Six equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $171.50.

Insider Transactions at Huron Consulting Group

In related news, insider Kyle Featherstone sold 375 shares of the business’s stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $135.73, for a total value of $50,898.75. Following the completion of the sale, the insider directly owned 1,311 shares of the company’s stock, valued at $177,942.03. The trade was a 22.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO James Ronald Dail sold 1,421 shares of the business’s stock in a transaction dated Friday, October 3rd. The shares were sold at an average price of $150.00, for a total value of $213,150.00. Following the completion of the sale, the chief operating officer directly owned 39,608 shares of the company’s stock, valued at $5,941,200. The trade was a 3.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,888 shares of company stock valued at $1,378,690. 2.15% of the stock is currently owned by corporate insiders.

Huron Consulting Group Company Profile

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.