Huron Consulting Group Inc. (NASDAQ:HURN) Given Average Rating of “Buy” by Brokerages

Shares of Huron Consulting Group Inc. (NASDAQ:HURN) have been assigned a consensus recommendation of “Buy” from the five research firms that are presently covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a buy rating. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $155.50.

Several research firms recently issued reports on HURN. Truist Financial lifted their price target on shares of Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a research report on Tuesday. William Blair reissued an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, February 26th. Benchmark lifted their price target on shares of Huron Consulting Group from $140.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday, February 26th. Barrington Research lifted their price target on shares of Huron Consulting Group from $142.00 to $167.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. Finally, Wedbush initiated coverage on Huron Consulting Group in a research note on Monday, February 3rd. They set an “outperform” rating on the stock.

Insider Buying and Selling at Huron Consulting Group

In other news, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of $123.69, for a total transaction of $247,380.00. Following the sale, the director now directly owns 50,534 shares in the company, valued at $6,250,550.46. The trade was a 3.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $125.15, for a total value of $130,406.30. Following the sale, the director now owns 24,672 shares in the company, valued at $3,087,700.80. The trade was a 4.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 18,042 shares of company stock worth $2,567,171. Corporate insiders own 2.02% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

Hedge funds have recently made changes to their positions in the business. Heck Capital Advisors LLC bought a new stake in shares of Huron Consulting Group during the 4th quarter worth $33,000. Tower Research Capital LLC TRC grew its holdings in Huron Consulting Group by 27.3% during the 4th 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. Assetmark Inc. grew its holdings in Huron Consulting Group by 7.0% during the 3rd quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock valued at $149,000 after buying an additional 90 shares in the last quarter. Xponance Inc. purchased a new position in shares of Huron Consulting Group during the fourth quarter worth about $204,000. Finally, Cibc World Markets Corp purchased a new position in shares of Huron Consulting Group during the fourth quarter worth about $204,000. 93.90% of the stock is currently owned by institutional investors.

Huron Consulting Group Stock Performance

Shares of HURN stock opened at $147.63 on Wednesday. The company has a market cap of $2.61 billion, a price-to-earnings ratio of 32.09 and a beta of 0.59. Huron Consulting Group has a 52 week low of $84.26 and a 52 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 firm has a 50 day moving average of $128.09 and a 200-day moving average of $118.65.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.38. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The business had revenue of $399.31 million during the quarter, compared to the consensus estimate of $380.62 million. On average, equities analysts forecast that Huron Consulting Group will post 6.1 earnings per share for the current year.

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.