Dimensional Fund Advisors LP Increases Position in Huron Consulting Group Inc. $HURN

Dimensional Fund Advisors LP grew its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 2.0% during the first quarter, Holdings Channel reports. The firm owned 641,714 shares of the business services provider’s stock after acquiring an additional 12,528 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Huron Consulting Group were worth $81,811,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of HURN. CWM LLC lifted its position in shares of Huron Consulting Group by 14.9% during the fourth quarter. CWM LLC now owns 464 shares of the business services provider’s stock worth $80,000 after purchasing an additional 60 shares in the last quarter. California State Teachers Retirement System grew its holdings in shares of Huron Consulting Group by 0.5% in the second quarter. California State Teachers Retirement System now owns 16,396 shares of the business services provider’s stock valued at $2,255,000 after purchasing an additional 76 shares in the last quarter. Wedbush Securities Inc. grew its holdings in shares of Huron Consulting Group by 4.8% in the fourth quarter. Wedbush Securities Inc. now owns 1,861 shares of the business services provider’s stock valued at $322,000 after purchasing an additional 85 shares in the last quarter. Truist Financial Corp increased its stake in Huron Consulting Group by 1.4% during the 4th quarter. Truist Financial Corp now owns 6,485 shares of the business services provider’s stock worth $1,121,000 after buying an additional 87 shares during the period. Finally, State of Wyoming increased its stake in Huron Consulting Group by 3.5% during the 4th quarter. State of Wyoming now owns 3,098 shares of the business services provider’s stock worth $536,000 after buying an additional 105 shares during the period. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on HURN. Wall Street Zen cut shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Truist Financial cut their price objective on Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a research report on Tuesday, June 9th. Barrington Research reiterated an “outperform” rating on shares of Huron Consulting Group in a research note on Wednesday, June 17th. Wedbush reiterated an “outperform” rating and issued a $160.00 price objective on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Finally, Weiss Ratings lowered Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $184.25.

Insider Activity at Huron Consulting Group

In other news, Director Debra Zumwalt sold 598 shares of Huron Consulting Group stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $118.44, for a total transaction of $70,827.12. Following the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joy Brown sold 1,821 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $105.01, for a total value of $191,223.21. Following the completion of the sale, the director directly owned 8,575 shares of the company’s stock, valued at $900,460.75. The trade was a 17.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,862 shares of company stock valued at $314,519 over the last ninety days. Insiders own 2.07% of the company’s stock.

Huron Consulting Group Stock Performance

Shares of HURN opened at $163.76 on Friday. The company has a market capitalization of $2.61 billion, a price-to-earnings ratio of 24.51 and a beta of 0.12. Huron Consulting Group Inc. has a 52-week low of $84.88 and a 52-week high of $186.77. The company has a quick ratio of 2.22, a current ratio of 1.71 and a debt-to-equity ratio of 2.11. The stock has a 50 day moving average price of $107.67 and a 200 day moving average price of $127.32.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings data on Tuesday, July 28th. The business services provider reported $2.46 earnings per share for the quarter, topping analysts’ consensus estimates of $2.17 by $0.29. Huron Consulting Group had a net margin of 6.38% and a return on equity of 32.33%. The company had revenue of $475.04 million for the quarter, compared to analysts’ expectations of $448.98 million. During the same quarter last year, the company earned $1.89 earnings per share. The firm’s revenue for the quarter was up 15.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. Research analysts predict that Huron Consulting Group Inc. will post 9.24 EPS for the current fiscal year.

Huron Consulting Group Company Profile

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.