William Blair Reaffirms “Outperform” Rating for Huron Consulting Group (NASDAQ:HURN)

Huron Consulting Group (NASDAQ:HURN)‘s stock had its “outperform” rating reissued by equities research analysts at William Blair in a research note issued to investors on Wednesday,RTT News reports.

Other analysts also recently issued reports about the company. Wedbush upped their price objective on Huron Consulting Group from $150.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday. Benchmark restated a “buy” rating and issued a $165.00 price target on shares of Huron Consulting Group in a research note on Wednesday. Barrington Research upped 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. Finally, Truist Financial raised their target price 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, March 4th. Six analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $169.25.

Huron Consulting Group Trading Up 0.1 %

Shares of Huron Consulting Group stock opened at $142.71 on Wednesday. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82. Huron Consulting Group has a 12-month low of $84.26 and a 12-month high of $153.85. The company has a market capitalization of $2.52 billion, a price-to-earnings ratio of 31.02 and a beta of 0.53. The firm’s 50-day moving average price is $135.84 and its two-hundred day moving average price is $123.33.

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, topping 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 for the quarter, compared to analyst estimates of $380.62 million. On average, analysts forecast that Huron Consulting Group will post 6.1 earnings per share for the current fiscal year.

Insider Activity at Huron Consulting Group

In other Huron Consulting Group news, Director James H. Roth sold 8,642 shares of the company’s stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $149.27, for a total value of $1,289,991.34. Following the sale, the director now owns 56,279 shares in the company, valued at approximately $8,400,766.33. The trade was a 13.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO C. Mark Hussey sold 27,672 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $145.91, for a total value of $4,037,621.52. Following the transaction, the chief executive officer now owns 81,118 shares of the company’s stock, valued at $11,835,927.38. This trade represents a 25.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 72,140 shares of company stock worth $10,492,517 in the last quarter. 2.02% of the stock is owned by insiders.

Institutional Trading of Huron Consulting Group

Several institutional investors have recently added to or reduced their stakes in HURN. Dakota Wealth Management raised its holdings in Huron Consulting Group by 4.0% during the 4th 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 during the last quarter. Summit Investment Advisors Inc. increased its position in shares of Huron Consulting Group by 5.5% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,838 shares of the business services provider’s stock worth $228,000 after buying an additional 96 shares during the period. Andina Capital Management LLC raised its stake in Huron Consulting Group by 3.4% during the fourth quarter. Andina Capital Management LLC now owns 3,296 shares of the business services provider’s stock worth $410,000 after buying an additional 107 shares during the last quarter. Martingale Asset Management L P lifted its holdings in Huron Consulting Group by 0.5% in the third quarter. Martingale Asset Management L P now owns 20,479 shares of the business services provider’s stock valued at $2,226,000 after buying an additional 110 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its position in Huron Consulting Group by 3.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,039 shares of the business services provider’s stock valued at $502,000 after acquiring an additional 121 shares during the last quarter. 93.90% of the stock is currently owned by institutional investors.

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.