Huron Consulting Group Inc. (NASDAQ:HURN) Director James H. Roth Sells 8,642 Shares

Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) Director James H. Roth sold 8,642 shares of the stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $147.92, for a total value of $1,278,324.64. Following the sale, the director now directly owns 73,563 shares of the company's stock, valued at approximately $10,881,438.96. This trade represents a 10.51 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Huron Consulting Group Stock Up 2.6 %

Huron Consulting Group stock traded up $3.82 on Friday, hitting $149.28. 270,222 shares of the stock traded hands, compared to its average volume of 120,008. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82. The firm has a market cap of $2.64 billion, a P/E ratio of 32.45 and a beta of 0.53. The business's fifty day simple moving average is $130.07 and its 200 day simple moving average is $119.64. Huron Consulting Group Inc. has a 1 year low of $84.26 and a 1 year high of $153.85.

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, beating the consensus estimate of $1.52 by $0.38. The business had revenue of $399.31 million during the quarter, compared to analyst estimates of $380.62 million. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. As a group, sell-side analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

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Hedge Funds Weigh In On Huron Consulting Group

Several institutional investors and hedge funds have recently modified their holdings of HURN. Wellington Management Group LLP increased its holdings in shares of Huron Consulting Group by 29.1% during the third quarter. Wellington Management Group LLP now owns 538,290 shares of the business services provider's stock valued at $58,512,000 after acquiring an additional 121,371 shares in the last quarter. TI Trust Inc. bought a new position in shares of Huron Consulting Group during the fourth quarter valued at $12,197,000. Franklin Resources Inc. increased its holdings in shares of Huron Consulting Group by 20.5% during the third quarter. Franklin Resources Inc. now owns 395,788 shares of the business services provider's stock valued at $42,306,000 after acquiring an additional 67,239 shares in the last quarter. Norges Bank bought a new position in shares of Huron Consulting Group during the fourth quarter valued at $7,427,000. Finally, Hotchkis & Wiley Capital Management LLC bought a new position in shares of Huron Consulting Group during the third quarter valued at $6,336,000. 93.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

HURN has been the subject of a number of analyst reports. Truist Financial increased their price objective on Huron Consulting Group from $165.00 to $180.00 and gave the company a "buy" rating in a research note on Tuesday. Benchmark raised their price target on Huron Consulting Group from $140.00 to $165.00 and gave the stock a "buy" rating in a research note on Wednesday, February 26th. William Blair reaffirmed an "outperform" rating on shares of Huron Consulting Group in a research note on Wednesday, February 26th. Barrington Research raised their price target on Huron Consulting Group from $142.00 to $167.00 and gave the stock an "outperform" rating in a research note on Thursday, February 27th. Finally, Wedbush started coverage on Huron Consulting Group in a research note on Monday, February 3rd. They issued an "outperform" rating for the company. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $155.50.

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.