Huron Consulting Group Inc. $HURN Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans reduced its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 8.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 72,266 shares of the business services provider’s stock after selling 6,994 shares during the period. Thrivent Financial for Lutherans owned 0.42% of Huron Consulting Group worth $12,496,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised 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 buying an additional 469 shares during the period. Goldman Sachs Group Inc. grew its position in 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 valued at $28,538,000 after acquiring an additional 68,891 shares during the period. Jane Street Group LLC acquired a new stake in Huron Consulting Group during the first quarter worth about $6,313,000. Intech Investment Management LLC increased its stake in Huron Consulting Group by 28.1% during the first quarter. Intech Investment Management LLC now owns 11,064 shares of the business services provider’s stock worth $1,587,000 after acquiring an additional 2,425 shares during the last quarter. Finally, Acadian Asset Management LLC raised its holdings in shares of Huron Consulting Group by 174.4% in the 1st 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 during the period. 93.90% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Wall Street Zen lowered Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 12th. Weiss Ratings downgraded shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Finally, Wedbush reaffirmed an “outperform” rating and set a $160.00 price target on shares of Huron Consulting Group in a research report on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $205.50.

Insider Buying and Selling

In other news, Director Debra Zumwalt sold 598 shares of Huron Consulting Group stock in a transaction on Monday, May 11th. The stock was sold at an average price of $118.44, for a total transaction of $70,827.12. Following the transaction, the director directly owned 27,201 shares in the company, valued at approximately $3,221,686.44. This trade represents a 2.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Mccartney sold 500 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $127.68, for a total transaction of $63,840.00. Following the completion of the sale, the director owned 40,817 shares of the company’s stock, valued at approximately $5,211,514.56. This trade represents a 1.21% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,837 shares of company stock valued at $224,707 over the last quarter. Corporate insiders own 2.07% of the company’s stock.

Huron Consulting Group Stock Performance

Shares of NASDAQ HURN opened at $108.13 on Tuesday. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 2.10. The firm’s 50-day moving average price is $125.74 and its two-hundred day moving average price is $150.97. Huron Consulting Group Inc. has a 52-week low of $101.49 and a 52-week high of $186.77. The stock has a market capitalization of $1.75 billion, a P/E ratio of 18.45 and a beta of 0.15.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.15. The company had revenue of $451.77 million during the quarter, compared to the consensus estimate of $437.12 million. Huron Consulting Group had a net margin of 5.94% and a return on equity of 29.41%. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.68 earnings per share. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. As a group, sell-side analysts forecast that Huron Consulting Group Inc. will post 8.71 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.