Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) Director James H. Roth sold 2,000 shares of the business's stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $123.70, for a total value of $247,400.00. Following the transaction, the director now owns 52,825 shares of the company's stock, valued at approximately $6,534,452.50. This represents a 3.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Huron Consulting Group Trading Up 0.3 %
Shares of NASDAQ:HURN traded up $0.35 during midday trading on Friday, reaching $123.11. The company had a trading volume of 51,566 shares, compared to its average volume of 82,194. The company has a fifty day simple moving average of $115.63 and a two-hundred day simple moving average of $106.93. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of 26.76 and a beta of 0.60. Huron Consulting Group Inc. has a 1-year low of $84.26 and a 1-year high of $131.06. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61.
Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its earnings results on Tuesday, October 29th. The business services provider reported $1.68 EPS for the quarter, topping the consensus estimate of $1.57 by $0.11. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The company had revenue of $370.00 million during the quarter, compared to analysts' expectations of $377.63 million. During the same period last year, the company posted $1.39 earnings per share. The business's revenue for the quarter was up 3.3% on a year-over-year basis. Research analysts predict that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.
Analyst Ratings Changes
A number of research firms recently commented on HURN. Barrington Research raised their price objective on shares of Huron Consulting Group from $137.00 to $142.00 and gave the company an "outperform" rating in a research note on Monday, November 4th. StockNews.com raised Huron Consulting Group from a "hold" rating to a "buy" rating in a research note on Thursday, October 31st. Finally, Benchmark restated a "buy" rating and issued a $140.00 price objective on shares of Huron Consulting Group in a report on Wednesday, October 30th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $133.00.
Check Out Our Latest Research Report on HURN
Institutional Trading of Huron Consulting Group
Several institutional investors have recently made changes to their positions in the stock. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Huron Consulting Group during the 2nd quarter valued at $28,000. Assetmark Inc. raised its stake in shares of Huron Consulting Group by 7.0% during the 3rd quarter. Assetmark Inc. now owns 1,373 shares of the business services provider's stock worth $149,000 after purchasing an additional 90 shares in the last quarter. Dakota Wealth Management acquired a new stake in shares of Huron Consulting Group during the 2nd quarter valued at about $219,000. Peapack Gladstone Financial Corp bought a new stake in shares of Huron Consulting Group in the 3rd quarter valued at approximately $220,000. Finally, MML Investors Services LLC acquired a new position in Huron Consulting Group in the third quarter worth approximately $220,000. 93.90% of the stock is currently owned by institutional investors and hedge funds.
About Huron Consulting Group
(
Get Free Report)
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.
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