Huron Consulting Group (NASDAQ:HURN) Given "Buy" Rating at Benchmark

Huron Consulting Group (NASDAQ:HURN - Get Free Report)'s stock had its "buy" rating reiterated by research analysts at Benchmark in a research report issued to clients and investors on Wednesday,Benzinga reports. They currently have a $165.00 target price on the business services provider's stock. Benchmark's target price would suggest a potential upside of 15.95% from the stock's previous close.

A number of other analysts have also recently weighed in on HURN. Truist Financial upped their price target on Huron Consulting Group from $165.00 to $180.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. Barrington Research increased their target price on shares of Huron Consulting Group from $142.00 to $167.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th. William Blair reissued an "outperform" rating on shares of Huron Consulting Group in a report on Monday, March 10th. Finally, Wedbush started coverage on shares of Huron Consulting Group in a research note on Monday, February 3rd. They set an "outperform" rating on the stock. Six analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $169.25.

Huron Consulting Group Stock Performance

HURN stock traded down $0.41 on Wednesday, reaching $142.30. 201,937 shares of the company were exchanged, compared to its average volume of 132,610. The firm has a market capitalization of $2.52 billion, a PE ratio of 30.93 and a beta of 0.53. Huron Consulting Group has a 12 month low of $84.26 and a 12 month high of $153.85. The stock's fifty day moving average price is $136.15 and its 200 day moving average price is $123.71. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61.

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Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The business services provider reported $1.90 EPS for the quarter, topping analysts' consensus estimates of $1.52 by $0.38. The company had revenue of $399.31 million during the quarter, compared to the consensus estimate of $380.62 million. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. On average, research analysts anticipate that Huron Consulting Group will post 6.1 EPS for the current fiscal year.

Insider Activity at Huron Consulting Group

In other Huron Consulting Group news, Director H Eugene Lockhart sold 1,042 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $125.15, for a total value of $130,406.30. Following the sale, the director now owns 24,672 shares in the company, valued at approximately $3,087,700.80. The trade was a 4.05 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO C. Mark Hussey sold 27,672 shares of the stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $145.91, for a total transaction of $4,037,621.52. Following the transaction, the chief executive officer now owns 81,118 shares of the company's stock, valued at $11,835,927.38. The trade was a 25.44 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 80,781 shares of company stock worth $11,722,822. 2.02% of the stock is owned by company insiders.

Institutional Trading of Huron Consulting Group

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Wellington Management Group LLP increased its position in shares of Huron Consulting Group by 0.9% during the 4th quarter. Wellington Management Group LLP now owns 543,236 shares of the business services provider's stock worth $67,503,000 after purchasing an additional 4,946 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Huron Consulting Group by 3.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,039 shares of the business services provider's stock worth $502,000 after buying an additional 121 shares during the last quarter. Heck Capital Advisors LLC bought a new stake in Huron Consulting Group during the fourth quarter worth $33,000. Voloridge Investment Management LLC acquired a new stake in Huron Consulting Group in the fourth quarter valued at $3,059,000. Finally, Squarepoint Ops LLC grew its position in shares of Huron Consulting Group by 355.5% in the 4th quarter. Squarepoint Ops LLC now owns 17,853 shares of the business services provider's stock valued at $2,218,000 after acquiring an additional 13,934 shares during the period. 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.