Huron Consulting Group (NASDAQ:HURN) Price Target Raised to $142.00 at Barrington Research

Huron Consulting Group (NASDAQ:HURN - Free Report) had its price objective upped by Barrington Research from $137.00 to $142.00 in a research report sent to investors on Monday morning, Benzinga reports. Barrington Research currently has an outperform rating on the business services provider's stock.

HURN has been the topic of several other research reports. StockNews.com upgraded Huron Consulting Group from a "hold" rating to a "buy" rating in a research note on Thursday. Benchmark restated a "buy" rating and set a $140.00 price target on shares of Huron Consulting Group in a research note on Wednesday, October 30th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $133.00.

Huron Consulting Group Trading Up 2.7 %

HURN stock traded up $3.13 during midday trading on Monday, reaching $118.20. The company's stock had a trading volume of 101,309 shares, compared to its average volume of 125,043. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.93 and a current ratio of 1.61. The stock has a fifty day simple moving average of $107.63 and a two-hundred day simple moving average of $100.97. Huron Consulting Group has a 1 year low of $84.26 and a 1 year high of $118.99. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of 25.38 and a beta of 0.60.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its earnings results on Tuesday, October 29th. The business services provider reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.57 by $0.11. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The business had revenue of $370.00 million for the quarter, compared to analyst estimates of $377.63 million. During the same quarter last year, the firm posted $1.39 earnings per share. The business's revenue was up 3.3% compared to the same quarter last year. On average, equities research analysts predict that Huron Consulting Group will post 6.11 EPS for the current year.

Insider Activity at Huron Consulting Group

In related news, Director H Eugene Lockhart sold 1,042 shares of the firm's stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $102.61, for a total transaction of $106,919.62. Following the sale, the director now owns 30,924 shares of the company's stock, valued at $3,173,111.64. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Huron Consulting Group news, Director Hugh E. Sawyer III sold 3,000 shares of the firm's stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $104.09, for a total value of $312,270.00. Following the completion of the sale, the director now owns 23,802 shares of the company's stock, valued at approximately $2,477,550.18. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director H Eugene Lockhart sold 1,042 shares of the firm's stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $102.61, for a total value of $106,919.62. Following the completion of the sale, the director now directly owns 30,924 shares of the company's stock, valued at approximately $3,173,111.64. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 10,348 shares of company stock valued at $1,081,897 over the last quarter. 2.02% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Huron Consulting Group

Several institutional investors have recently added to or reduced their stakes in HURN. Covestor Ltd raised its stake in shares of Huron Consulting Group by 26,500.0% in the first quarter. Covestor Ltd now owns 266 shares of the business services provider's stock worth $26,000 after purchasing an additional 265 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in shares of Huron Consulting Group in the second quarter worth about $28,000. Assetmark Inc. raised its stake in shares of Huron Consulting Group by 7.0% in the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider's stock worth $149,000 after purchasing an additional 90 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in shares of Huron Consulting Group by 800.0% in the first quarter. Daiwa Securities Group Inc. now owns 1,800 shares of the business services provider's stock worth $174,000 after purchasing an additional 1,600 shares during the last quarter. Finally, Dakota Wealth Management purchased a new position in shares of Huron Consulting Group in the second quarter worth about $219,000. Institutional investors and hedge funds 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.