Huron Consulting Group (NASDAQ:HURN) Price Target Raised to $165.00

Huron Consulting Group (NASDAQ:HURN) had its price target lifted by Wedbush from $150.00 to $165.00 in a research report sent to investors on Wednesday morning,Benzinga reports. They currently have an outperform rating on the business services provider’s stock.

A number of other equities research analysts have also recently commented on the company. William Blair reiterated an “outperform” rating on shares of Huron Consulting Group in a research note on Monday, March 10th. Benchmark reiterated a “buy” rating and issued a $165.00 target price on shares of Huron Consulting Group in a research note on Wednesday. Barrington Research raised their price target on shares of Huron Consulting Group from $142.00 to $167.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. Finally, Truist Financial lifted their price target on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company 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 opened at $142.30 on Wednesday. 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 has a 52-week low of $84.26 and a 52-week high of $153.85. The firm has a market cap of $2.52 billion, a price-to-earnings ratio of 30.93 and a beta of 0.53. The business’s fifty day moving average is $136.15 and its 200-day moving average is $123.59.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.38. The firm had revenue of $399.31 million for the quarter, compared to analyst estimates of $380.62 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. Equities analysts anticipate that Huron Consulting Group will post 6.1 EPS for the current fiscal year.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $124.65, for a total value of $62,325.00. Following the transaction, the director now directly owns 56,688 shares of the company’s stock, valued at approximately $7,066,159.20. This trade represents a 0.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James H. Roth sold 2,000 shares of the company’s stock in a transaction that occurred on 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 disclosure for this sale can be found here. Over the last quarter, insiders have sold 80,781 shares of company stock worth $11,722,822. 2.02% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Huron Consulting Group

Large investors have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC lifted its position in shares of Huron Consulting Group by 61.3% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 11,972 shares of the business services provider’s stock valued at $1,488,000 after acquiring an additional 4,550 shares in the last quarter. Wellington Management Group LLP boosted its stake in Huron Consulting Group by 29.1% in the 3rd quarter. Wellington Management Group LLP now owns 538,290 shares of the business services provider’s stock worth $58,512,000 after purchasing an additional 121,371 shares during the period. Franklin Resources Inc. grew 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 buying an additional 67,239 shares in the last quarter. Atom Investors LP bought a new stake in shares of Huron Consulting Group during the third quarter valued at approximately $1,159,000. Finally, Aigen Investment Management LP purchased a new position in shares of Huron Consulting Group in the fourth quarter worth $211,000. Hedge funds and other institutional investors own 93.90% of the company’s stock.

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.