Huron Consulting Group Inc. (NASDAQ:HURN) Director James H. Roth Sells 2,000 Shares

Huron Consulting Group Inc. (NASDAQ:HURN) 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 sale, the director now owns 54,825 shares in the company, valued at $7,040,626.50. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Huron Consulting Group Price Performance

Shares of NASDAQ:HURN opened at $127.43 on Friday. The company has a market capitalization of $2.26 billion, a PE ratio of 27.70 and a beta of 0.60. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61. The stock has a fifty day moving average of $109.25 and a 200-day moving average of $101.97. Huron Consulting Group Inc. has a one year low of $84.26 and a one year high of $131.06.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, October 29th. The business services provider reported $1.68 EPS for the quarter, beating the consensus estimate of $1.57 by $0.11. The business had revenue of $370.00 million during the quarter, compared to the consensus estimate of $377.63 million. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. Huron Consulting Group’s revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.39 earnings per share. As a group, equities analysts anticipate that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently commented on HURN. Barrington Research boosted their target price on Huron Consulting Group from $137.00 to $142.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. StockNews.com upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. Finally, Benchmark reaffirmed a “buy” rating and set a $140.00 target price on shares of Huron Consulting Group in a report on Wednesday, October 30th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $133.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Covestor Ltd lifted its position in shares of Huron Consulting Group by 26,500.0% in the 1st quarter. Covestor Ltd now owns 266 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 265 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Huron Consulting Group in the second quarter valued at $28,000. Assetmark Inc. boosted its position 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 worth $149,000 after buying an additional 90 shares during the period. Daiwa Securities Group Inc. raised its position in Huron Consulting Group by 800.0% during the first quarter. Daiwa Securities Group Inc. now owns 1,800 shares of the business services provider’s stock valued at $174,000 after buying an additional 1,600 shares during the period. Finally, Dakota Wealth Management acquired a new stake in Huron Consulting Group during the 2nd quarter worth about $219,000. 93.90% of the stock is currently owned by institutional investors and hedge funds.

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.