Huron Consulting Group Inc. (NASDAQ:HURN) Director James H. Roth Sells 8,642 Shares

Huron Consulting Group Inc. (NASDAQ:HURN) Director James H. Roth sold 8,642 shares of the company’s stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $143.93, for a total value of $1,243,843.06. Following the sale, the director now owns 64,921 shares of the company’s stock, valued at approximately $9,344,079.53. The trade was a 11.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Huron Consulting Group Stock Up 1.7 %

Shares of HURN stock traded up $2.45 during trading hours on Friday, hitting $146.86. 82,946 shares of the company were exchanged, compared to its average volume of 121,482. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61. Huron Consulting Group Inc. has a one year low of $84.26 and a one year high of $153.85. The business’s 50-day simple moving average is $131.70 and its two-hundred day simple moving average is $120.71. The stock has a market capitalization of $2.60 billion, a price-to-earnings ratio of 31.97 and a beta of 0.53.

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

Hedge Funds Weigh In On Huron Consulting Group

Large investors have recently bought and sold shares of the business. Heck Capital Advisors LLC acquired a new stake in shares of Huron Consulting Group in the fourth quarter valued at approximately $33,000. Tower Research Capital LLC TRC increased its stake in shares of Huron Consulting Group by 27.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 569 shares of the business services provider’s stock valued at $71,000 after purchasing an additional 122 shares during the period. Assetmark Inc. increased its stake in shares of Huron Consulting Group by 7.0% in the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock valued at $149,000 after purchasing an additional 90 shares during the period. Xponance Inc. acquired a new stake in shares of Huron Consulting Group in the fourth quarter valued at approximately $204,000. Finally, Cibc World Markets Corp acquired a new stake in shares of Huron Consulting Group in the fourth quarter valued at approximately $204,000. Institutional investors own 93.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Truist Financial upped their price objective on Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Barrington Research increased their price target on Huron Consulting Group from $142.00 to $167.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. Benchmark increased their price target on Huron Consulting Group from $140.00 to $165.00 and gave the company a “buy” rating in a report on Wednesday, February 26th. Wedbush began coverage on Huron Consulting Group in a report on Monday, February 3rd. They issued an “outperform” rating for the company. Finally, William Blair reiterated an “outperform” rating on shares of Huron Consulting Group in a report on Monday. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Huron Consulting Group has a consensus rating of “Buy” and a consensus target price of $155.50.

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.