Jefferies Financial Group Inc. Makes New Investment in Huron Consulting Group Inc. $HURN

Jefferies Financial Group Inc. bought a new stake in Huron Consulting Group Inc. (NASDAQ:HURN) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 29,490 shares of the business services provider’s stock, valued at approximately $4,328,000.

A number of other large investors have also recently added to or reduced their stakes in HURN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Huron Consulting Group by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,464 shares of the business services provider’s stock worth $1,501,000 after purchasing an additional 469 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Huron Consulting Group by 53.0% during the first quarter. Goldman Sachs Group Inc. now owns 198,938 shares of the business services provider’s stock worth $28,538,000 after purchasing an additional 68,891 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Huron Consulting Group during the first quarter worth about $6,313,000. Intech Investment Management LLC grew its stake in Huron Consulting Group by 28.1% in the first quarter. Intech Investment Management LLC now owns 11,064 shares of the business services provider’s stock worth $1,587,000 after purchasing an additional 2,425 shares in the last quarter. Finally, Acadian Asset Management LLC grew its stake in Huron Consulting Group by 174.4% in the first quarter. Acadian Asset Management LLC now owns 3,361 shares of the business services provider’s stock worth $481,000 after purchasing an additional 2,136 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director John Mccartney sold 500 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $168.77, for a total transaction of $84,385.00. Following the completion of the transaction, the director owned 41,817 shares in the company, valued at $7,057,455.09. The trade was a 1.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Debra Zumwalt sold 170 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $170.89, for a total value of $29,051.30. Following the transaction, the director owned 26,469 shares of the company’s stock, valued at approximately $4,523,287.41. The trade was a 0.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 1,796 shares of company stock valued at $313,518. Insiders own 2.15% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Wall Street Zen cut Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Barrington Research lifted their target price on Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Truist Financial boosted their price target on Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a report on Friday, November 14th. Wedbush upped their price target on Huron Consulting Group from $165.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Finally, Benchmark raised their price objective on Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, December 24th. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $215.50.

Huron Consulting Group Price Performance

HURN opened at $142.46 on Tuesday. The firm has a market cap of $2.41 billion, a price-to-earnings ratio of 24.35 and a beta of 0.13. Huron Consulting Group Inc. has a fifty-two week low of $116.12 and a fifty-two week high of $186.77. The company’s 50-day moving average price is $159.32 and its 200 day moving average price is $157.60. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.93.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, February 24th. The business services provider reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.23. The company had revenue of $441.96 million during the quarter, compared to the consensus estimate of $433.57 million. Huron Consulting Group had a return on equity of 28.20% and a net margin of 6.18%.Huron Consulting Group’s quarterly revenue was up 10.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.90 earnings per share. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. As a group, sell-side analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current 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.