Huron Consulting Group’s (HURN) Outperform Rating Reaffirmed at William Blair

Huron Consulting Group (NASDAQ:HURN)‘s stock had its “outperform” rating restated by research analysts at William Blair in a report issued on Monday,RTT News reports.

A number of other analysts have also issued reports on the stock. 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 research note on Tuesday, March 4th. Wedbush initiated coverage on shares of Huron Consulting Group in a research note on Monday, February 3rd. They issued an “outperform” rating on the stock. Benchmark lifted their price target on 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, Barrington Research upped 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. Six analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $155.50.

Huron Consulting Group Stock Down 0.5 %

HURN traded down $0.73 during trading hours on Monday, reaching $148.56. 48,120 shares of the stock traded hands, compared to its average volume of 119,740. Huron Consulting Group has a fifty-two week low of $84.26 and a fifty-two week high of $153.85. 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 company has a market cap of $2.63 billion, a price-to-earnings ratio of 32.29 and a beta of 0.53. The firm’s fifty day simple moving average is $130.07 and its two-hundred day simple moving average is $119.84.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings results on Tuesday, February 25th. The business services provider reported $1.90 EPS for the quarter, topping the consensus estimate 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 business had revenue of $399.31 million for the quarter, compared to analysts’ expectations of $380.62 million. As a group, analysts forecast that Huron Consulting Group will post 6.1 earnings per share for the current fiscal year.

Insider Buying and Selling at Huron Consulting Group

In related news, Director James H. Roth sold 2,000 shares of the stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of $123.69, for a total value of $247,380.00. Following the completion of the transaction, the director now owns 50,534 shares in the company, valued at $6,250,550.46. This trade represents a 3.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO C. Mark Hussey sold 27,672 shares of the company’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $145.91, for a total transaction of $4,037,621.52. Following the sale, the chief executive officer now directly owns 81,118 shares of the company’s stock, valued at $11,835,927.38. This represents a 25.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 54,856 shares of company stock valued at $7,958,682. 2.02% of the stock is owned by insiders.

Institutional Investors Weigh In On Huron Consulting Group

A number of large investors have recently made changes to their positions in HURN. Heck Capital Advisors LLC purchased a new position in Huron Consulting Group during the 4th quarter worth approximately $33,000. Voloridge Investment Management LLC acquired a new stake in shares of Huron Consulting Group in the fourth quarter worth $3,059,000. Squarepoint Ops LLC grew its holdings in shares of Huron Consulting Group by 355.5% during the fourth quarter. Squarepoint Ops LLC now owns 17,853 shares of the business services provider’s stock valued at $2,218,000 after buying an additional 13,934 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Huron Consulting Group in the 4th quarter valued at about $348,000. Finally, ProShare Advisors LLC lifted its position in shares of Huron Consulting Group by 49.0% in the fourth quarter. ProShare Advisors LLC now owns 4,947 shares of the business services provider’s stock worth $615,000 after purchasing an additional 1,627 shares in the last quarter. Institutional investors and hedge funds 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.