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

Huron Consulting Group Inc. (NASDAQ:HURN) Director James H. Roth sold 8,642 shares of the stock in a transaction on Wednesday, March 12th. The shares were 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 in the company, valued at $9,344,079.53. The trade was a 11.75 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Huron Consulting Group Stock Performance

Shares of Huron Consulting Group stock opened at $147.76 on Friday. The stock’s fifty day moving average is $131.70 and its two-hundred day moving average is $120.71. The company has a market capitalization of $2.61 billion, a PE ratio of 32.12 and a beta of 0.53. 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 Inc. has a 52 week low of $84.26 and a 52 week high of $153.85.

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 the consensus estimate of $1.52 by $0.38. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The company had revenue of $399.31 million for the quarter, compared to the consensus estimate of $380.62 million. As a group, analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

Hedge Funds Weigh In On Huron Consulting Group

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quest Partners LLC grew its position in shares of Huron Consulting Group by 131.9% during the 3rd quarter. Quest Partners LLC now owns 13,814 shares of the business services provider’s stock worth $1,502,000 after buying an additional 7,858 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of 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 worth $1,488,000 after buying an additional 4,550 shares in the last quarter. Wellington Management Group LLP grew its position in shares of Huron Consulting Group by 29.1% during the 3rd quarter. Wellington Management Group LLP now owns 538,290 shares of the business services provider’s stock worth $58,512,000 after buying an additional 121,371 shares in the last quarter. Franklin Resources Inc. grew its position in shares of Huron Consulting Group by 20.5% during the 3rd quarter. Franklin Resources Inc. now owns 395,788 shares of the business services provider’s stock worth $42,306,000 after buying an additional 67,239 shares in the last quarter. Finally, Atom Investors LP bought a new position in shares of Huron Consulting Group during the 3rd quarter worth $1,159,000. Institutional investors own 93.90% of the company’s stock.

Analyst Ratings Changes

HURN has been the topic of several recent research reports. Truist Financial increased their price target on Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Wedbush initiated coverage on Huron Consulting Group in a report on Monday, February 3rd. They set an “outperform” rating on the stock. 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. William Blair restated an “outperform” rating on shares of Huron Consulting Group in a report on Monday, March 10th. Finally, Barrington Research upped their price objective on Huron Consulting Group from $142.00 to $167.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average 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.