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 business's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $149.27, for a total value of $1,289,991.34. Following the transaction, the director now directly owns 56,279 shares in the company, valued at $8,400,766.33. This trade represents a 13.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Huron Consulting Group Stock Performance

Shares of HURN traded up $2.00 during mid-day trading on Monday, hitting $142.87. The stock had a trading volume of 315,657 shares, compared to its average volume of 124,061. Huron Consulting Group Inc. has a fifty-two week low of $84.26 and a fifty-two week 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 $2.53 billion, a PE ratio of 31.06 and a beta of 0.53. The company's fifty day simple moving average is $134.50 and its two-hundred day simple moving average is $122.52.

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 earnings per share (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 analysts' expectations of $380.62 million. On average, equities analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

Remove Ads

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Wedbush began coverage on shares of Huron Consulting Group in a research note on Monday, February 3rd. They set an "outperform" rating on the stock. Barrington Research boosted 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. Benchmark raised their price objective on Huron Consulting Group from $140.00 to $165.00 and gave the company 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 report on Monday, March 10th. Finally, Truist Financial raised their price target on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a "buy" rating in a research report on Tuesday, March 4th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $155.50.

Institutional Investors Weigh In On Huron Consulting Group

A number of institutional investors have recently modified their holdings of HURN. Dakota Wealth Management grew its holdings in shares of Huron Consulting Group by 4.0% during the fourth quarter. Dakota Wealth Management now owns 2,250 shares of the business services provider's stock valued at $280,000 after purchasing an additional 87 shares during the last quarter. Summit Investment Advisors Inc. grew its stake in Huron Consulting Group by 5.5% during the 4th quarter. Summit Investment Advisors Inc. now owns 1,838 shares of the business services provider's stock worth $228,000 after buying an additional 96 shares during the last quarter. Andina Capital Management LLC increased its position in Huron Consulting Group by 3.4% in the fourth quarter. Andina Capital Management LLC now owns 3,296 shares of the business services provider's stock worth $410,000 after buying an additional 107 shares during the period. Martingale Asset Management L P lifted its stake in Huron Consulting Group by 0.5% in the third quarter. Martingale Asset Management L P now owns 20,479 shares of the business services provider's stock valued at $2,226,000 after buying an additional 110 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of 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 valued at $502,000 after acquiring an additional 121 shares during the period. 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.