Huron Consulting Group's (HURN) "Outperform" Rating Reiterated at Barrington Research

Huron Consulting Group (NASDAQ:HURN - Get Free Report)'s stock had its "outperform" rating reissued by Barrington Research in a research note issued to investors on Thursday,Benzinga reports. They presently have a $167.00 target price on the business services provider's stock. Barrington Research's price target points to a potential upside of 16.41% from the stock's current price.

Several other equities research analysts have also recently issued reports on the stock. Wedbush raised their target price on shares of Huron Consulting Group from $150.00 to $165.00 and gave the stock an "outperform" rating in a report on Wednesday, March 26th. Truist Financial upped their price objective on Huron Consulting Group from $165.00 to $180.00 and gave the stock a "buy" rating in a research note on Tuesday, March 4th. William Blair reiterated an "outperform" rating on shares of Huron Consulting Group in a report on Wednesday, March 26th. Finally, Benchmark reaffirmed a "buy" rating and set a $165.00 price objective on shares of Huron Consulting Group in a report on Wednesday, March 26th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Huron Consulting Group currently has a consensus rating of "Buy" and an average target price of $169.25.

Huron Consulting Group Stock Up 0.8 %

Shares of NASDAQ HURN traded up $1.16 on Thursday, reaching $143.46. 71,125 shares of the company's stock traded hands, compared to its average volume of 132,393. Huron Consulting Group has a 12 month low of $84.26 and a 12 month high of $153.85. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82. The company has a market cap of $2.54 billion, a price-to-earnings ratio of 31.19 and a beta of 0.53. The business's 50 day simple moving average is $136.15 and its two-hundred day simple moving average is $123.85.

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Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The business services provider reported $1.90 earnings per share for the quarter, beating analysts' consensus estimates 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 net margin of 5.80% and a return on equity of 21.51%. As a group, equities research analysts forecast that Huron Consulting Group will post 6.1 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $124.65, for a total value of $62,325.00. Following the completion of the sale, the director now directly owns 56,688 shares in the company, valued at $7,066,159.20. The trade was a 0.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director James H. Roth sold 2,000 shares of the stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of $123.69, for a total transaction of $247,380.00. Following the transaction, the director now owns 50,534 shares in the company, valued at approximately $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 sold a total of 80,781 shares of company stock valued at $11,722,822 over the last 90 days. Insiders own 2.02% of the company's stock.

Hedge Funds Weigh In On Huron Consulting Group

Institutional investors and hedge funds have recently bought and sold shares of the company. Heck Capital Advisors LLC purchased a new stake in Huron Consulting Group during the 4th quarter worth approximately $33,000. Tower Research Capital LLC TRC increased its holdings in Huron Consulting Group by 27.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 569 shares of the business services provider's stock valued at $71,000 after buying an additional 122 shares in the last quarter. Xponance Inc. acquired a new position in Huron Consulting Group in the 4th quarter worth about $204,000. Cibc World Markets Corp acquired a new position in shares of Huron Consulting Group during the 4th quarter worth approximately $204,000. Finally, Two Sigma Securities LLC acquired a new position in Huron Consulting Group during the fourth quarter worth $209,000. 93.90% of the stock is owned by hedge funds and other institutional investors.

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.