Huron Consulting Group's (HURN) "Buy" Rating Reaffirmed at Benchmark

Benchmark restated their buy rating on shares of Huron Consulting Group (NASDAQ:HURN - Free Report) in a research note released on Wednesday morning, Benzinga reports. Benchmark currently has a $140.00 price target on the business services provider's stock.

Several other analysts also recently weighed in on HURN. Barrington Research reaffirmed an "outperform" rating and set a $137.00 target price on shares of Huron Consulting Group in a research note on Monday, September 9th. StockNews.com upgraded shares of Huron Consulting Group from a "sell" rating to a "hold" rating in a research report on Saturday, August 3rd. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $131.75.

Huron Consulting Group Stock Performance

HURN stock traded up $11.16 during midday trading on Wednesday, reaching $116.15. The company had a trading volume of 168,654 shares, compared to its average volume of 124,687. The firm has a market capitalization of $2.09 billion, a PE ratio of 33.70 and a beta of 0.61. The stock has a 50 day moving average price of $107.06 and a 200 day moving average price of $100.45. Huron Consulting Group has a fifty-two week low of $84.26 and a fifty-two week high of $118.10. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 0.99.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its quarterly earnings data on Tuesday, October 29th. The business services provider reported $1.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.58 by $0.10. The business had revenue of $370.00 million during the quarter, compared to analyst estimates of $377.63 million. Huron Consulting Group had a return on equity of 20.44% and a net margin of 5.46%. The business's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.39 EPS. Analysts anticipate that Huron Consulting Group will post 5.95 earnings per share for the current year.

Insider Activity at Huron Consulting Group

In related news, Director H Eugene Lockhart sold 1,042 shares of the business's stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $102.61, for a total value of $106,919.62. Following the sale, the director now directly owns 30,924 shares in the company, valued at $3,173,111.64. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, Director H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $102.61, for a total value of $106,919.62. Following the transaction, the director now directly owns 30,924 shares in the company, valued at $3,173,111.64. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO C. Mark Hussey sold 4,000 shares of the company's stock in a transaction on Monday, August 12th. The shares were sold at an average price of $103.13, for a total value of $412,520.00. Following the sale, the chief executive officer now directly owns 81,081 shares of the company's stock, valued at approximately $8,361,883.53. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,168 shares of company stock valued at $1,170,515 over the last 90 days. 2.02% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Huron Consulting Group

A number of large investors have recently made changes to their positions in HURN. Boston Partners raised its stake in Huron Consulting Group by 36.6% during the 1st quarter. Boston Partners now owns 922,254 shares of the business services provider's stock valued at $88,994,000 after purchasing an additional 247,218 shares during the period. F M Investments LLC acquired a new position in Huron Consulting Group during the second quarter valued at $10,202,000. William Blair Investment Management LLC purchased a new stake in Huron Consulting Group in the 2nd quarter worth about $9,533,000. Assenagon Asset Management S.A. boosted its position in Huron Consulting Group by 240.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 136,307 shares of the business services provider's stock worth $13,426,000 after acquiring an additional 96,308 shares during the period. Finally, Kennedy Capital Management LLC purchased a new position in Huron Consulting Group during the 1st quarter valued at about $5,614,000. Institutional investors and hedge funds own 93.90% of the company's stock.

About Huron Consulting Group

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.