Huron Consulting Group Inc. $HURN Shares Newly Acquired by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC purchased a new position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 16,035 shares of the business services provider’s stock, valued at approximately $2,515,000. Lisanti Capital Growth LLC owned about 0.10% of Huron Consulting Group at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in Huron Consulting Group by 57.9% in the 3rd quarter. GAMMA Investing LLC now owns 289 shares of the business services provider’s stock valued at $45,000 after buying an additional 106 shares during the last quarter. Quadrant Capital Group LLC grew its holdings in Huron Consulting Group by 3.9% during the 3rd quarter. Quadrant Capital Group LLC now owns 4,056 shares of the business services provider’s stock worth $636,000 after acquiring an additional 152 shares during the last quarter. Keebeck Wealth Management grew its holdings in Huron Consulting Group by 8.3% during the 1st quarter. Keebeck Wealth Management now owns 4,064 shares of the business services provider’s stock worth $518,000 after acquiring an additional 313 shares during the last quarter. Wedbush Securities Inc. grew its holdings in Huron Consulting Group by 19.7% during the 2nd quarter. Wedbush Securities Inc. now owns 2,461 shares of the business services provider’s stock worth $222,000 after acquiring an additional 405 shares during the last quarter. Finally, Keeler Thomas Management LLC increased its position in Huron Consulting Group by 6.6% in the 2nd quarter. Keeler Thomas Management LLC now owns 7,042 shares of the business services provider’s stock valued at $635,000 after acquiring an additional 438 shares during the period. Institutional investors and hedge funds own 93.90% of the company’s stock.

Huron Consulting Group Stock Performance

NASDAQ:HURN opened at $168.16 on Thursday. The company has a market capitalization of $2.65 billion, a PE ratio of 25.02 and a beta of 0.09. The company has a 50 day simple moving average of $168.61 and a two-hundred day simple moving average of $138.63. The company has a debt-to-equity ratio of 2.02, a quick ratio of 1.60 and a current ratio of 1.60. Huron Consulting Group Inc. has a fifty-two week low of $84.88 and a fifty-two week high of $203.37.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Tuesday, November 3rd. The business services provider reported $2.62 EPS for the quarter, beating analysts’ consensus estimates of $2.47 by $0.15. Huron Consulting Group had a net margin of 6.10% and a return on equity of 35.61%. The company had revenue of $491.45 million for the quarter, compared to analyst estimates of $481.38 million. During the same period in the prior year, the firm posted $2.10 EPS. The company’s quarterly revenue was up 11.4% on a year-over-year basis. Research analysts anticipate that Huron Consulting Group Inc. will post 9.26 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on HURN. Weiss Ratings downgraded shares of Huron Consulting Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, November 4th. Wedbush boosted their price objective on shares of Huron Consulting Group from $160.00 to $220.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 4th. Truist Financial boosted their price objective on shares of Huron Consulting Group from $175.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, October 23rd. Zacks Research downgraded Huron Consulting Group from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Finally, Wall Street Zen lowered Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Saturday, November 7th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $215.50.

About Huron Consulting Group

Huron Consulting Group is a global professional services firm that advises organizations on business strategy, operations, technology and performance improvement. Founded in 2002 and headquartered in Chicago, the company serves clients in the United States and internationally. Huron organizes its work around healthcare, education and commercial markets. Its services include operational and financial consulting, digital transformation, technology implementation, data and analytics, and support with regulatory and organizational challenges.