Huron Consulting Group Inc. (NASDAQ:HURN) Director H Eugene Lockhart Sells 12,500 Shares

Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) Director H Eugene Lockhart sold 12,500 shares of the company's stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $150.00, for a total value of $1,875,000.00. Following the completion of the transaction, the director now directly owns 12,172 shares of the company's stock, valued at $1,825,800. This represents a 50.66 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, February 3rd, H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock. The stock was sold at an average price of $125.15, for a total transaction of $130,406.30.
• On Monday, December 2nd, H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock. The stock was sold at an average price of $122.81, for a total value of $127,968.02.

Huron Consulting Group Stock Down 2.6 %

HURN stock traded down $4.04 during trading on Monday, reaching $148.42. 272,422 shares of the stock were exchanged, compared to its average volume of 136,535. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82. Huron Consulting Group Inc. has a twelve month low of $84.26 and a twelve month high of $153.85. The firm's 50 day moving average is $127.53 and its 200 day moving average is $118.35. The firm has a market cap of $2.62 billion, a P/E ratio of 32.27 and a beta of 0.59.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.38. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The business had revenue of $399.31 million during the quarter, compared to the consensus estimate of $380.62 million. As a group, research analysts forecast that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently commented on HURN shares. William Blair reiterated an "outperform" rating on shares of Huron Consulting Group in a report on Wednesday, February 26th. Truist Financial reissued a "buy" rating and set a $165.00 target price (up previously from $140.00) on shares of Huron Consulting Group in a research note on Wednesday, February 26th. Benchmark upped their price target on shares of Huron Consulting Group from $140.00 to $165.00 and gave the company a "buy" rating in a research report on Wednesday, February 26th. Wedbush started coverage on Huron Consulting Group in a research note on Monday, February 3rd. They set an "outperform" rating for the company. Finally, Barrington Research lifted their target price on Huron Consulting Group from $142.00 to $167.00 and gave the stock an "outperform" rating in a report on Thursday. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $151.75.

Hedge Funds Weigh In On Huron Consulting Group

Large investors have recently added to or reduced their stakes in the business. Quest Partners LLC lifted its holdings in shares of Huron Consulting Group by 131.9% in the third quarter. Quest Partners LLC now owns 13,814 shares of the business services provider's stock valued at $1,502,000 after purchasing an additional 7,858 shares in the last quarter. Wellington Management Group LLP raised its position in Huron Consulting Group by 29.1% in the 3rd quarter. Wellington Management Group LLP now owns 538,290 shares of the business services provider's stock valued at $58,512,000 after buying an additional 121,371 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Huron Consulting Group by 61.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 11,972 shares of the business services provider's stock valued at $1,488,000 after acquiring an additional 4,550 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Huron Consulting Group by 20.5% during the 3rd quarter. Franklin Resources Inc. now owns 395,788 shares of the business services provider's stock worth $42,306,000 after acquiring an additional 67,239 shares during the last quarter. Finally, Atom Investors LP bought a new stake in shares of Huron Consulting Group in the 3rd quarter worth $1,159,000. 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.