Truist Financial Increases Huron Consulting Group (NASDAQ:HURN) Price Target to $180.00

Huron Consulting Group (NASDAQ:HURN) had its target price raised by Truist Financial from $165.00 to $180.00 in a research report sent to investors on Tuesday,Benzinga reports. Truist Financial currently has a buy rating on the business services provider’s stock.

Several other equities analysts have also recently issued reports on HURN. William Blair reiterated an “outperform” rating on shares of Huron Consulting Group in a research note on Wednesday, February 26th. Benchmark upped their price objective on shares of Huron Consulting Group from $140.00 to $165.00 and gave the stock a “buy” rating in a research report on Wednesday, February 26th. Wedbush began coverage on Huron Consulting Group in a research report on Monday, February 3rd. They set an “outperform” rating on the stock. Finally, Barrington Research upped their price target on Huron Consulting Group from $142.00 to $167.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $155.50.

Huron Consulting Group Price Performance

Shares of HURN opened at $145.46 on Tuesday. The business’s 50-day moving average is $129.11 and its two-hundred day moving average is $119.15. The company has a market capitalization of $2.57 billion, a P/E ratio of 31.62 and a beta of 0.59. 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 quick ratio of 1.61 and a current ratio of 1.61.

Huron Consulting Group (NASDAQ:HURN) last posted its 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 firm had revenue of $399.31 million for the quarter, compared to analyst estimates of $380.62 million. Research analysts predict that Huron Consulting Group will post 6.1 earnings per share for the current year.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $124.65, for a total transaction of $62,325.00. Following the completion of the transaction, the director now owns 56,688 shares of the company’s stock, valued at $7,066,159.20. This represents a 0.87 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction that occurred 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 sale, the director now directly owns 50,534 shares in the company, valued at $6,250,550.46. This represents a 3.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 46,214 shares of company stock valued at $6,680,358 over the last ninety days. Corporate insiders own 2.02% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Creative Planning lifted its stake in shares of Huron Consulting Group by 10.5% in the third quarter. Creative Planning now owns 2,588 shares of the business services provider’s stock worth $281,000 after buying an additional 246 shares in the last quarter. Asset Management One Co. Ltd. lifted its stake in Huron Consulting Group by 2.5% in the 3rd quarter. Asset Management One Co. Ltd. now owns 58,259 shares of the business services provider’s stock worth $6,333,000 after purchasing an additional 1,398 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of 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 worth $41,308,000 after purchasing an additional 17,146 shares during the last quarter. Olympiad Research LP purchased a new stake in shares of Huron Consulting Group in the third quarter valued at approximately $299,000. Finally, Assetmark Inc. lifted its position in Huron Consulting Group by 7.0% during the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock worth $149,000 after buying an additional 90 shares in the last quarter. Institutional investors and hedge funds 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.