Huron Consulting Group’s (HURN) “Outperform” Rating Reiterated at William Blair

William Blair reaffirmed their outperform rating on shares of Huron Consulting Group (NASDAQ:HURN) in a research report report published on Monday,RTT News reports.

A number of other brokerages also recently weighed in on HURN. Wedbush started coverage on shares of Huron Consulting Group in a research note on Monday, February 3rd. They set an “outperform” rating for the company. Truist Financial boosted their price objective on Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th. Barrington Research raised their target price on Huron Consulting Group from $142.00 to $167.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. Finally, Benchmark boosted their price target on Huron Consulting Group from $140.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday, February 26th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $155.50.

Huron Consulting Group Trading Down 1.0 %

NASDAQ HURN opened at $143.75 on Monday. Huron Consulting Group has a 12 month low of $84.26 and a 12 month high of $153.85. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $2.54 billion, a PE ratio of 31.25 and a beta of 0.53. The business’s 50-day moving average price is $130.89 and its two-hundred day moving average price is $120.38.

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

Insider Buying and Selling at Huron Consulting Group

In other news, Director H Eugene Lockhart sold 12,500 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $150.00, for a total value of $1,875,000.00. Following the completion of the transaction, the director now directly owns 12,172 shares of the company’s stock, valued at $1,825,800. This represents a 50.66 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $124.65, for a total value of $62,325.00. Following the sale, the director now owns 56,688 shares in the company, valued at $7,066,159.20. The trade was a 0.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 54,856 shares of company stock valued at $7,958,682. Company insiders own 2.20% of the company’s stock.

Institutional Trading of Huron Consulting Group

A number of large investors have recently bought and sold shares of the company. Heck Capital Advisors LLC purchased a new stake in Huron Consulting Group during the 4th quarter worth about $33,000. Tower Research Capital LLC TRC boosted 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 acquiring an additional 122 shares during the period. Assetmark Inc. raised 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 during the last quarter. Cibc World Markets Corp purchased a new position in Huron Consulting Group during the 4th quarter valued at about $204,000. Finally, Xponance Inc. purchased a new stake in Huron Consulting Group in the fourth quarter worth $204,000. 93.90% of the stock is 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.