Huron Consulting Group (NASDAQ:HURN) Now Covered by Wedbush

Wedbush assumed coverage on shares of Huron Consulting Group (NASDAQ:HURN) in a research report released on Monday morning, Marketbeat.com reports. The firm issued an outperform rating on the business services provider’s stock.

A number of other equities analysts have also commented on HURN. Barrington Research raised their price objective on Huron Consulting Group from $137.00 to $142.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. Benchmark reissued a “buy” rating and set a $140.00 price target on shares of Huron Consulting Group in a report on Wednesday, October 30th. Finally, StockNews.com raised Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $133.00.

Huron Consulting Group Price Performance

Huron Consulting Group stock opened at $126.17 on Monday. The stock’s fifty day moving average price is $124.36 and its two-hundred day moving average price is $115.41. Huron Consulting Group has a one year low of $84.26 and a one year high of $133.96. 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 cap of $2.24 billion, a PE ratio of 27.43 and a beta of 0.59.

Insider Transactions at Huron Consulting Group

In related news, Director H Eugene Lockhart sold 1,042 shares of the business’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $125.15, for a total transaction of $130,406.30. Following the sale, the director now owns 24,672 shares in the company, valued at $3,087,700.80. The trade was a 4.05 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director James H. Roth sold 2,000 shares of the business’s 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 sale, the director now owns 50,534 shares in the company, valued at $6,250,550.46. This represents a 3.81 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 6,584 shares of company stock valued at $815,479. Corporate insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

A number of hedge funds and other institutional investors have recently bought and sold shares of HURN. Bank of Montreal Can grew its position in shares of Huron Consulting Group by 121.8% in the 2nd quarter. Bank of Montreal Can now owns 7,014 shares of the business services provider’s stock valued at $694,000 after buying an additional 3,851 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Huron Consulting Group in the 2nd quarter valued at about $2,226,000. Handelsbanken Fonder AB grew its position in shares of Huron Consulting Group by 11.8% in the 3rd quarter. Handelsbanken Fonder AB now owns 3,800 shares of the business services provider’s stock valued at $413,000 after buying an additional 400 shares during the last quarter. Creative Planning grew its position in shares of Huron Consulting Group by 10.5% in the 3rd quarter. Creative Planning now owns 2,588 shares of the business services provider’s stock valued at $281,000 after buying an additional 246 shares during the last quarter. Finally, Bleakley Financial Group LLC grew its position in shares of Huron Consulting Group by 42.6% in the 3rd quarter. Bleakley Financial Group LLC now owns 8,452 shares of the business services provider’s stock valued at $919,000 after buying an additional 2,524 shares during the last quarter. 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.