Huron Consulting Group Inc. (NASDAQ:HURN) Director James H. Roth Sells 8,642 Shares

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. This trade represents a 10.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Huron Consulting Group Stock Up 2.6 %

HURN stock opened at $149.28 on Friday. Huron Consulting Group Inc. has a 52 week low of $84.26 and a 52 week high of $153.85. The company has a market cap of $2.64 billion, a P/E ratio of 32.45 and a beta of 0.53. 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 company’s 50-day moving average price is $129.54 and its 200 day moving average price is $119.34.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.38. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The company had revenue of $399.31 million for the quarter, compared to the consensus estimate of $380.62 million. On average, research analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Truist Financial boosted their price target on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Tuesday. Wedbush assumed coverage on shares of Huron Consulting Group in a research note on Monday, February 3rd. They set an “outperform” rating on the stock. Barrington Research boosted 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. Benchmark boosted their price target on shares of Huron Consulting Group from $140.00 to $165.00 and gave the stock 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 Wednesday, February 26th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $155.50.

Institutional Trading of Huron Consulting Group

Several institutional investors and hedge funds have recently modified their holdings of HURN. Heck Capital Advisors LLC purchased a new stake in shares of Huron Consulting Group in the fourth quarter valued at about $33,000. Tower Research Capital LLC TRC lifted its stake in shares of Huron Consulting Group by 27.3% during the fourth quarter. Tower Research Capital LLC TRC now owns 569 shares of the business services provider’s stock valued at $71,000 after buying an additional 122 shares during the period. Assetmark Inc. lifted its stake in shares of Huron Consulting Group by 7.0% during the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock valued at $149,000 after buying an additional 90 shares during the period. Cibc World Markets Corp purchased a new position in shares of Huron Consulting Group during the fourth quarter valued at approximately $204,000. Finally, Xponance Inc. purchased a new position in shares of Huron Consulting Group during the fourth quarter valued at approximately $204,000. Hedge funds and other institutional investors own 93.90% of the company’s stock.

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.