Huron Consulting Group Inc. (NASDAQ:HURN) Director Sells $1,278,324.64 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director James H. Roth sold 8,642 shares of the business’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $147.92, for a total transaction of $1,278,324.64. Following the transaction, the director now owns 73,563 shares in the company, valued at approximately $10,881,438.96. The trade was a 10.51 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Huron Consulting Group Trading Up 2.6 %

Shares of HURN opened at $149.28 on Monday. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82. The stock has a market cap of $2.64 billion, a PE ratio of 32.45 and a beta of 0.53. Huron Consulting Group Inc. has a 1 year low of $84.26 and a 1 year high of $153.85. The stock has a 50 day simple moving average of $130.07 and a 200-day simple moving average of $119.84.

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

Analysts Set New Price Targets

HURN has been the topic of a number of recent research reports. William Blair reissued an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, February 26th. Barrington Research lifted their price objective on Huron Consulting Group from $142.00 to $167.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. Benchmark upped their target price on Huron Consulting Group from $140.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday, February 26th. Wedbush started coverage on shares of Huron Consulting Group in a research note on Monday, February 3rd. They set an “outperform” rating on the stock. Finally, Truist Financial increased their price objective on shares of Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th. Six investment 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 a consensus target price of $155.50.

Hedge Funds Weigh In On Huron Consulting Group

Several institutional investors have recently added to or reduced their stakes in HURN. Quest Partners LLC grew its stake in Huron Consulting Group by 131.9% during the third 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 during the last quarter. Allspring Global Investments Holdings LLC grew its position in 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 acquiring an additional 4,550 shares during the last quarter. Wellington Management Group LLP increased its holdings in 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 valued at $58,512,000 after purchasing an additional 121,371 shares in the last quarter. Franklin Resources Inc. increased its holdings in 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 valued at $42,306,000 after purchasing an additional 67,239 shares in the last quarter. Finally, Atom Investors LP bought a new position in Huron Consulting Group in the 3rd quarter valued at $1,159,000. 93.90% of the stock is owned by institutional investors.

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.