Huron Consulting Group Inc. (NASDAQ:HURN) Director John Mccartney Sells 500 Shares of Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director John Mccartney sold 500 shares of the stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $142.67, for a total value of $71,335.00. Following the completion of the sale, the director now owns 52,121 shares in the company, valued at approximately $7,436,103.07. The trade was a 0.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

John Mccartney also recently made the following trade(s):

• On Monday, March 3rd, John Mccartney sold 500 shares of Huron Consulting Group stock. The shares were sold at an average price of $151.13, for a total value of $75,565.00.

Huron Consulting Group Stock Performance

HURN stock opened at $147.51 on Friday. Huron Consulting Group Inc. has a one year low of $84.26 and a one year high of $153.85. The firm has a market cap of $2.61 billion, a price-to-earnings ratio of 32.07 and a beta of 0.53. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61. The firm has a 50-day simple moving average of $137.67 and a two-hundred day simple moving average of $124.71.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share 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 during the quarter, compared to the consensus estimate of $380.62 million. On average, equities analysts forecast that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on HURN. Benchmark reissued a “buy” rating and set a $165.00 target price on shares of Huron Consulting Group in a research note on Wednesday, March 26th. William Blair reissued an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, March 26th. Truist Financial raised their target price on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th. Wedbush boosted their price target on Huron Consulting Group from $150.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, March 26th. Finally, Barrington Research restated an “outperform” rating and set a $167.00 price objective on shares of Huron Consulting Group in a report on Thursday, March 27th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $169.25.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Intech Investment Management LLC acquired a new stake in Huron Consulting Group in the third quarter worth about $328,000. FMR LLC raised its position in shares of Huron Consulting Group by 32.4% in the 3rd quarter. FMR LLC now owns 21,394 shares of the business services provider’s stock valued at $2,326,000 after purchasing an additional 5,230 shares during the last quarter. Atom Investors LP acquired a new stake in Huron Consulting Group in the 3rd quarter worth approximately $1,159,000. Hotchkis & Wiley Capital Management LLC purchased a new stake in Huron Consulting Group during the 3rd quarter worth approximately $6,336,000. Finally, State Street Corp increased its stake in Huron Consulting Group by 2.1% during the 3rd quarter. State Street Corp now owns 445,694 shares of the business services provider’s stock valued at $48,447,000 after purchasing an additional 8,972 shares in the last quarter. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

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.