Huron Consulting Group Inc. (NASDAQ:HURN) Director James H. Roth Sells 8,642 Shares of 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 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 of the company’s stock, valued at approximately $9,344,079.53. This represents a 11.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Huron Consulting Group Stock Up 2.3 %

NASDAQ HURN opened at $147.76 on Friday. The stock’s 50 day moving average is $131.70 and its 200 day moving average is $120.71. 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 Inc. has a 12 month low of $84.26 and a 12 month high of $153.85. The stock has a market cap of $2.61 billion, a PE ratio of 32.12 and a beta of 0.53.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings results on Tuesday, February 25th. The business services provider reported $1.90 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $380.62 million. Research analysts predict that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on HURN shares. Barrington Research boosted their price objective on Huron Consulting Group from $142.00 to $167.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Truist Financial boosted their price objective on Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th. Wedbush started coverage on Huron Consulting Group in a research note on Monday, February 3rd. They set an “outperform” rating for the company. Benchmark boosted their price objective 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. Finally, William Blair reiterated an “outperform” rating on shares of Huron Consulting Group in a research note on Monday, March 10th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $155.50.

Institutional Trading of Huron Consulting Group

Hedge funds have recently modified their holdings of the company. Heck Capital Advisors LLC purchased a new stake in shares of Huron Consulting Group during the 4th quarter worth approximately $33,000. Tower Research Capital LLC TRC raised its holdings in shares of 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 in the last quarter. Assetmark Inc. raised its holdings in shares of Huron Consulting Group by 7.0% during the 3rd quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock worth $149,000 after acquiring an additional 90 shares in the last quarter. Cibc World Markets Corp purchased a new stake in shares of Huron Consulting Group during the 4th quarter worth approximately $204,000. Finally, Xponance Inc. purchased a new stake in shares of Huron Consulting Group during the 4th quarter worth approximately $204,000. 93.90% of the stock is owned by hedge funds and other institutional investors.

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.