Huron Consulting Group Inc. (NASDAQ:HURN) Given Consensus Rating of “Buy” by Brokerages

Shares of Huron Consulting Group Inc. (NASDAQ:HURN) have received an average rating of “Buy” from the five research firms that are presently covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a buy rating. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $145.50.

A number of research analysts have recently weighed in on HURN shares. Benchmark lifted their price objective on Huron Consulting Group from $140.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday. Barrington Research increased their price objective on shares of Huron Consulting Group from $137.00 to $142.00 and gave the company an “outperform” rating in a report on Monday, November 4th. William Blair reissued an “outperform” rating on shares of Huron Consulting Group in a research note on Wednesday. Truist Financial reissued a “buy” rating and set a $165.00 price target (up previously from $140.00) on shares of Huron Consulting Group in a research report on Wednesday. Finally, Wedbush assumed coverage on shares of Huron Consulting Group in a research report on Monday, February 3rd. They set an “outperform” rating for the company.

Insider Transactions at Huron Consulting Group

In other news, Director John Mccartney sold 500 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $124.65, for a total transaction of $62,325.00. Following the completion of the sale, the director now owns 56,688 shares in the company, valued at $7,066,159.20. This represents a 0.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director H Eugene Lockhart sold 1,042 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $122.81, for a total transaction 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 sold 8,584 shares of company stock worth $1,067,539 in the last 90 days. Insiders own 2.02% of the company’s stock.

Institutional Trading of Huron Consulting Group

A number of large investors have recently made changes to their positions in HURN. Dakota Wealth Management increased its stake in Huron Consulting Group by 4.0% in the fourth quarter. Dakota Wealth Management now owns 2,250 shares of the business services provider’s stock valued at $280,000 after purchasing an additional 87 shares during the last quarter. Assetmark Inc. raised its position in shares of Huron Consulting Group by 7.0% during the 3rd quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock valued at $149,000 after acquiring an additional 90 shares in the last quarter. Summit Investment Advisors Inc. raised its holdings in shares of Huron Consulting Group by 5.5% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,838 shares of the business services provider’s stock valued at $228,000 after buying an additional 96 shares during the last quarter. Andina Capital Management LLC boosted its holdings in shares of Huron Consulting Group by 3.4% in the fourth quarter. Andina Capital Management LLC now owns 3,296 shares of the business services provider’s stock valued at $410,000 after acquiring an additional 107 shares in the last quarter. Finally, Martingale Asset Management L P increased its stake in Huron Consulting Group by 0.5% during the third quarter. Martingale Asset Management L P now owns 20,479 shares of the business services provider’s stock valued at $2,226,000 after acquiring an additional 110 shares during the period. Institutional investors and hedge funds own 93.90% of the company’s stock.

Huron Consulting Group Trading Up 18.5 %

Shares of NASDAQ:HURN traded up $23.16 on Wednesday, hitting $148.49. The company had a trading volume of 279,943 shares, compared to its average volume of 114,176. Huron Consulting Group has a 1 year low of $84.26 and a 1 year high of $153.77. The firm has a market capitalization of $2.63 billion, a price-to-earnings ratio of 32.19 and a beta of 0.59. The firm’s 50-day simple moving average is $125.75 and its two-hundred day simple moving average is $117.37. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.38. The company had revenue of $399.31 million during the quarter, compared to analysts’ expectations of $380.62 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. Equities analysts anticipate that Huron Consulting Group will post 6.1 earnings per share for the current fiscal year.

About Huron Consulting Group

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.