Insider Selling: Huron Consulting Group Inc. (NASDAQ:HURN) Director Sells 1,042 Shares of Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director H Eugene Lockhart sold 1,042 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $115.82, for a total transaction of $120,684.44. Following the sale, the director now owns 27,798 shares in the company, valued at $3,219,564.36. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

H Eugene Lockhart also recently made the following trade(s):

• On Tuesday, October 1st, H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock. The shares were sold at an average price of $108.27, for a total transaction of $112,817.34.
• On Tuesday, September 3rd, H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock. The stock was sold at an average price of $109.48, for a total transaction of $114,078.16.
• On Thursday, August 8th, H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock. The stock was sold at an average price of $102.61, for a total transaction of $106,919.62.

Huron Consulting Group Stock Performance

Shares of NASDAQ HURN opened at $127.66 on Friday. The stock has a market capitalization of $2.26 billion, a PE ratio of 27.75 and a beta of 0.60. Huron Consulting Group Inc. has a 52 week low of $84.26 and a 52 week high of $131.06. The stock has a 50 day moving average price of $108.91 and a 200 day moving average price of $101.74. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings data on Tuesday, October 29th. The business services provider reported $1.68 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 the consensus estimate of $377.63 million. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.39 EPS. Analysts predict that Huron Consulting Group Inc. will post 6.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of HURN. Vanguard Group Inc. grew its holdings in Huron Consulting Group by 1.3% during the first quarter. Vanguard Group Inc. now owns 2,073,879 shares of the business services provider’s stock worth $200,378,000 after purchasing an additional 25,905 shares during the period. Boston Partners raised its stake in Huron Consulting Group by 36.6% in the 1st quarter. Boston Partners now owns 922,254 shares of the business services provider’s stock valued at $88,994,000 after acquiring an additional 247,218 shares during the period. Principal Financial Group Inc. lifted its holdings in Huron Consulting Group by 4.7% during the 3rd quarter. Principal Financial Group Inc. now owns 380,024 shares of the business services provider’s stock valued at $41,308,000 after purchasing an additional 17,146 shares during the last quarter. Leeward Investments LLC MA boosted its position in 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 purchasing an additional 11,902 shares during the period. Finally, American Century Companies Inc. increased its holdings in shares of Huron Consulting Group by 1.0% in the second quarter. American Century Companies Inc. now owns 181,834 shares of the business services provider’s stock valued at $17,911,000 after purchasing an additional 1,837 shares during the last quarter. Institutional investors 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.