Huron Consulting Group (NASDAQ:HURN) Coverage Initiated by Analysts at Wedbush

Wedbush began coverage on shares of Huron Consulting Group (NASDAQ:HURN) in a research report report published on Monday. The brokerage issued an outperform rating on the business services provider’s stock.

Other research analysts also recently issued reports about the stock. StockNews.com raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Barrington Research upped their price target on shares of Huron Consulting Group from $137.00 to $142.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. Finally, Benchmark reissued a “buy” rating and set a $140.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, October 30th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of “Buy” and an average price target of $133.00.

Huron Consulting Group Stock Down 0.1 %

Shares of Huron Consulting Group stock opened at $126.63 on Monday. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82. Huron Consulting Group has a 1 year low of $84.26 and a 1 year high of $133.96. The stock has a 50-day moving average price of $124.31 and a 200 day moving average price of $115.21. The company has a market cap of $2.25 billion, a P/E ratio of 27.53 and a beta of 0.59.

Insider Transactions at Huron Consulting Group

In related news, Director James H. Roth sold 2,000 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $128.42, for a total transaction of $256,840.00. Following the transaction, the director now directly owns 54,825 shares in the company, valued at $7,040,626.50. The trade was a 3.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director H Eugene Lockhart sold 1,042 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $122.81, for a total value of $127,968.02. Following the completion of the transaction, the director now directly owns 26,756 shares of the company’s stock, valued at approximately $3,285,904.36. This trade represents a 3.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 7,542 shares of company stock worth $941,913 in the last 90 days. 2.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Huron Consulting Group

Institutional investors and hedge funds have recently made changes to their positions in the company. Congress Asset Management Co. grew its stake in Huron Consulting Group by 9.0% during the fourth quarter. Congress Asset Management Co. now owns 79,095 shares of the business services provider’s stock worth $9,828,000 after buying an additional 6,521 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Huron Consulting Group by 61.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 11,972 shares of the business services provider’s stock valued at $1,488,000 after purchasing an additional 4,550 shares in the last quarter. Jennison Associates LLC raised its position in Huron Consulting Group by 4.8% in the 4th quarter. Jennison Associates LLC now owns 601,335 shares of the business services provider’s stock valued at $74,722,000 after purchasing an additional 27,329 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in Huron Consulting Group in the fourth quarter worth $33,000. Finally, TI Trust Inc. bought a new stake in shares of Huron Consulting Group during the fourth quarter worth $12,197,000. Institutional investors and hedge funds own 93.90% of the company’s stock.

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.