Benchmark Reiterates Buy Rating for Huron Consulting Group (NASDAQ:HURN)

Benchmark reaffirmed their buy rating on shares of Huron Consulting Group (NASDAQ:HURN) in a report issued on Wednesday morning,Benzinga reports. They currently have a $165.00 price target on the business services provider’s stock.

Other analysts have also recently issued reports about the company. William Blair restated an “outperform” rating on shares of Huron Consulting Group in a research report on Monday, March 10th. Wedbush assumed coverage on shares of Huron Consulting Group in a report on Monday, February 3rd. They issued an “outperform” rating on the stock. Barrington Research raised their price objective on shares of Huron Consulting Group from $142.00 to $167.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. Finally, Truist Financial lifted their target price on shares of Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a research report on Tuesday, March 4th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $169.25.

Huron Consulting Group Trading Down 0.3 %

Shares of HURN stock opened at $142.30 on Wednesday. The firm has a market capitalization of $2.52 billion, a P/E ratio of 30.93 and a beta of 0.53. Huron Consulting Group has a 1 year low of $84.26 and a 1 year high of $153.85. The firm’s fifty day simple moving average is $136.15 and its 200 day simple moving average is $123.59. 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 (NASDAQ:HURN) last announced its quarterly earnings data on Tuesday, February 25th. The business services provider reported $1.90 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $380.62 million. As a group, sell-side analysts predict that Huron Consulting Group will post 6.1 EPS for the current year.

Insiders Place Their Bets

In other Huron Consulting Group news, Director James H. Roth sold 2,000 shares of the company’s stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of $123.69, for a total transaction of $247,380.00. Following the sale, the director now directly owns 50,534 shares of the company’s stock, valued at approximately $6,250,550.46. This represents a 3.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $124.65, for a total transaction of $62,325.00. Following the completion of the transaction, the director now owns 56,688 shares of the company’s stock, valued at $7,066,159.20. This trade represents a 0.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 80,781 shares of company stock worth $11,722,822 over the last three months. 2.02% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Huron Consulting Group

Institutional investors and hedge funds 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 $33,000. Tower Research Capital LLC TRC grew its holdings in Huron Consulting Group by 27.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 569 shares of the business services provider’s stock worth $71,000 after acquiring an additional 122 shares during the last quarter. Cibc World Markets Corp acquired a new stake in Huron Consulting Group in the 4th quarter valued at about $204,000. Xponance Inc. acquired a new stake in Huron Consulting Group in the 4th quarter valued at about $204,000. Finally, Two Sigma Securities LLC bought a new position in shares of Huron Consulting Group in the fourth quarter worth about $209,000. Institutional investors and hedge funds own 93.90% of the company’s stock.

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.