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

Huron Consulting Group Inc. (NASDAQ:HURN) Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $128.42, for a total value of $256,840.00. Following the completion of the sale, the director now owns 54,825 shares of the company’s stock, valued at approximately $7,040,626.50. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Huron Consulting Group Stock Down 0.2 %

Huron Consulting Group stock opened at $127.43 on Monday. Huron Consulting Group Inc. has a fifty-two week low of $84.26 and a fifty-two week high of $131.06. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. The firm has a market capitalization of $2.26 billion, a price-to-earnings ratio of 27.70 and a beta of 0.60. The company’s 50 day simple moving average is $109.25 and its 200 day simple moving average is $102.10.

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

Institutional Investors Weigh In On Huron Consulting Group

Several large investors have recently modified their holdings of HURN. Vanguard Group Inc. grew its position in shares of Huron Consulting Group by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 2,073,879 shares of the business services provider’s stock valued at $200,378,000 after purchasing an additional 25,905 shares during the period. Boston Partners raised its holdings in Huron Consulting Group by 36.6% during the 1st quarter. Boston Partners now owns 922,254 shares of the business services provider’s stock worth $88,994,000 after buying an additional 247,218 shares during the period. Jennison Associates LLC lifted its stake in Huron Consulting Group by 5.7% in the third quarter. Jennison Associates LLC now owns 574,006 shares of the business services provider’s stock valued at $62,394,000 after buying an additional 31,123 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Huron Consulting Group by 4.7% in the third quarter. Principal Financial Group Inc. now owns 380,024 shares of the business services provider’s stock valued at $41,308,000 after buying an additional 17,146 shares during the period. Finally, Leeward Investments LLC MA increased its position in shares of Huron Consulting Group by 5.6% during the second quarter. Leeward Investments LLC MA now owns 222,630 shares of the business services provider’s stock worth $21,929,000 after acquiring an additional 11,902 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

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.