James H. Roth Sells 8,642 Shares of Huron Consulting Group Inc. (NASDAQ:HURN) Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director James H. Roth sold 8,642 shares of the stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $147.92, for a total transaction of $1,278,324.64. Following the completion of the sale, the director now directly owns 73,563 shares of the company’s stock, valued at approximately $10,881,438.96. This trade represents a 10.51 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Huron Consulting Group Stock Up 2.6 %

HURN stock opened at $149.28 on Friday. The company has a market cap of $2.64 billion, a P/E ratio of 32.45 and a beta of 0.53. Huron Consulting Group Inc. has a 52 week low of $84.26 and a 52 week high of $153.85. The company’s 50-day moving average price is $130.07 and its 200 day moving average price is $119.64. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82.

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

Analysts Set New Price Targets

HURN has been the subject of a number of research analyst reports. Barrington Research increased their price objective on shares of Huron Consulting Group from $142.00 to $167.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. William Blair restated an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, February 26th. Truist Financial raised their price objective on shares of Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Benchmark raised their price objective on shares of Huron Consulting Group from $140.00 to $165.00 and gave the company a “buy” rating in a report on Wednesday, February 26th. Finally, Wedbush assumed coverage on shares of Huron Consulting Group in a research note on Monday, February 3rd. They set an “outperform” rating on the stock. Six analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $155.50.

Institutional Investors Weigh In On Huron Consulting Group

Several institutional investors have recently bought and sold shares of the business. Creative Planning boosted its stake in shares of Huron Consulting Group by 10.5% in the third quarter. Creative Planning now owns 2,588 shares of the business services provider’s stock valued at $281,000 after purchasing an additional 246 shares during the period. Asset Management One Co. Ltd. boosted its stake in Huron Consulting Group by 2.5% during the 3rd quarter. Asset Management One Co. Ltd. now owns 58,259 shares of the business services provider’s stock valued at $6,333,000 after acquiring an additional 1,398 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Huron Consulting Group by 4.7% during the third quarter. Principal Financial Group Inc. now owns 380,024 shares of the business services provider’s stock worth $41,308,000 after purchasing an additional 17,146 shares during the period. Olympiad Research LP acquired a new stake in shares of Huron Consulting Group during the third quarter worth $299,000. Finally, Assetmark Inc. boosted 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 valued at $149,000 after purchasing an additional 90 shares during the period. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

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.