Huron Consulting Group (NASDAQ:HURN) Coverage Initiated at Wedbush

Wedbush initiated coverage on shares of Huron Consulting Group (NASDAQ:HURNGet Free Report) in a note issued to investors on Monday, Marketbeat Ratings reports. The brokerage set an “outperform” rating on the business services provider’s stock.

Other research analysts have also recently issued research reports about the company. Barrington Research boosted their price target on Huron Consulting Group from $137.00 to $142.00 and gave the stock 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 report on Thursday, October 31st. Finally, Benchmark reaffirmed a “buy” rating and set a $140.00 price target on shares of Huron Consulting Group in a report on Wednesday, October 30th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $133.00.

Read Our Latest Analysis on HURN

Huron Consulting Group Price Performance

Shares of HURN opened at $124.76 on Monday. Huron Consulting Group has a twelve month low of $84.26 and a twelve month high of $133.96. The company has a market capitalization of $2.21 billion, a P/E ratio of 27.12 and a beta of 0.59. The firm has a 50 day moving average of $124.31 and a 200 day moving average of $115.33. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82.

Insider Activity at Huron Consulting Group

In other news, Director John Mccartney sold 500 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $124.65, for a total transaction of $62,325.00. Following the completion of the sale, the director now owns 56,688 shares of the company’s stock, valued at $7,066,159.20. The trade was a 0.87 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director James H. Roth sold 2,000 shares of the company’s stock in a transaction 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 completion of the sale, the director now owns 52,825 shares of the company’s stock, valued at $6,534,452.50. This trade represents a 3.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 5,542 shares of company stock worth $685,073. 2.20% of the stock is owned by insiders.

Institutional Trading of Huron Consulting Group

Hedge funds have recently bought and sold shares of the stock. Heck Capital Advisors LLC purchased a new position in shares of Huron Consulting Group during the 4th quarter valued at about $33,000. Assetmark Inc. raised its stake 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 worth $149,000 after acquiring an additional 90 shares during the period. MML Investors Services LLC purchased a new position in Huron Consulting Group during the third quarter valued at approximately $220,000. Peapack Gladstone Financial Corp bought a new position in shares of Huron Consulting Group in the third quarter worth approximately $220,000. Finally, Dakota Wealth Management increased its stake in shares of Huron Consulting Group by 4.0% in the fourth quarter. Dakota Wealth Management now owns 2,250 shares of the business services provider’s stock worth $280,000 after purchasing an additional 87 shares in the last quarter. Institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Company Profile

(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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