Keeler Thomas Management LLC Takes Position in Huron Consulting Group Inc. $HURN

Keeler Thomas Management LLC bought a new stake in Huron Consulting Group Inc. (NASDAQ:HURN) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 8,114 shares of the business services provider’s stock, valued at approximately $1,116,000.

A number of other large investors have also recently made changes to their positions in the company. AlphaQuest LLC boosted its position in shares of Huron Consulting Group by 328.7% in the 2nd quarter. AlphaQuest LLC now owns 3,944 shares of the business services provider’s stock valued at $542,000 after purchasing an additional 3,024 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Huron Consulting Group in the 2nd quarter valued at about $1,271,000. Ritholtz Wealth Management acquired a new stake in shares of Huron Consulting Group in the 2nd quarter valued at about $499,000. Moran Wealth Management LLC acquired a new stake in shares of Huron Consulting Group in the 2nd quarter valued at about $556,000. Finally, Meritage Portfolio Management acquired a new stake in shares of Huron Consulting Group in the 2nd quarter valued at about $610,000. 93.90% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Huron Consulting Group news, COO James Ronald Dail sold 1,421 shares of the firm’s stock in a transaction on Friday, October 3rd. The stock was sold at an average price of $150.00, for a total transaction of $213,150.00. Following the completion of the transaction, the chief operating officer owned 39,608 shares of the company’s stock, valued at approximately $5,941,200. This trade represents a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John Mccartney sold 500 shares of the firm’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $145.68, for a total value of $72,840.00. Following the sale, the director owned 50,317 shares in the company, valued at $7,330,180.56. This trade represents a 0.98% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 9,888 shares of company stock worth $1,378,690. 2.15% of the stock is currently owned by corporate insiders.

Huron Consulting Group Stock Performance

Huron Consulting Group stock opened at $153.07 on Friday. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.99 and a current ratio of 1.99. The stock has a fifty day moving average of $143.53 and a two-hundred day moving average of $140.44. The company has a market capitalization of $2.65 billion, a price-to-earnings ratio of 26.71 and a beta of 0.29. Huron Consulting Group Inc. has a fifty-two week low of $102.94 and a fifty-two week high of $155.00.

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

Analysts Set New Price Targets

HURN has been the subject of a number of recent research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Huron Consulting Group in a research report on Wednesday, October 8th. Wall Street Zen downgraded Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Barrington Research increased their target price on Huron Consulting Group from $173.00 to $176.00 and gave the stock an “outperform” rating in a research note on Thursday, August 7th. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Huron Consulting Group has an average rating of “Buy” and a consensus target price of $171.50.

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.