Huron Consulting Group Inc. (NASDAQ:HURN) Director H Eugene Lockhart Sells 1,042 Shares

Huron Consulting Group Inc. (NASDAQ:HURN) Director H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $108.27, for a total value of $112,817.34. Following the completion of the sale, the director now owns 28,840 shares in the company, valued at $3,122,506.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

H Eugene Lockhart also recently made the following trade(s):

• On Tuesday, September 3rd, H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock. The shares were sold at an average price of $109.48, for a total value of $114,078.16.
• On Thursday, August 8th, H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock. The shares were sold at an average price of $102.61, for a total value of $106,919.62.

Huron Consulting Group Stock Performance

NASDAQ HURN opened at $105.01 on Friday. Huron Consulting Group Inc. has a fifty-two week low of $84.26 and a fifty-two week high of $115.65. The stock has a market cap of $1.89 billion, a price-to-earnings ratio of 30.26 and a beta of 0.61. The business has a fifty day moving average of $107.13 and a 200-day moving average of $98.96. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 0.99.

Huron Consulting Group (NASDAQ:HURN) last released its earnings results on Tuesday, July 30th. The business services provider reported $1.68 EPS for the quarter, beating the consensus estimate of $1.48 by $0.20. The firm had revenue of $371.70 million during the quarter, compared to analyst estimates of $374.33 million. Huron Consulting Group had a return on equity of 20.44% and a net margin of 5.46%. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.38 earnings per share. As a group, analysts predict that Huron Consulting Group Inc. will post 5.95 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

HURN has been the topic of a number of research analyst reports. Barrington Research reiterated an “outperform” rating and set a $137.00 target price on shares of Huron Consulting Group in a research report on Monday, September 9th. StockNews.com upgraded Huron Consulting Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 3rd. Finally, Benchmark reiterated a “buy” rating and set a $140.00 target price on shares of Huron Consulting Group in a research report on Wednesday, July 31st. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $131.75.

Hedge Funds Weigh In On Huron Consulting Group

Several institutional investors have recently added to or reduced their stakes in the business. Covestor Ltd increased its stake in Huron Consulting Group by 26,500.0% during the first quarter. Covestor Ltd now owns 266 shares of the business services provider’s stock worth $26,000 after acquiring an additional 265 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in Huron Consulting Group during the second quarter worth about $28,000. Daiwa Securities Group Inc. increased its stake in Huron Consulting Group by 800.0% during the first quarter. Daiwa Securities Group Inc. now owns 1,800 shares of the business services provider’s stock worth $174,000 after acquiring an additional 1,600 shares during the last quarter. Dakota Wealth Management acquired a new stake in Huron Consulting Group during the second quarter worth about $219,000. Finally, PNC Financial Services Group Inc. increased its stake in Huron Consulting Group by 39.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,555 shares of the business services provider’s stock worth $263,000 after acquiring an additional 724 shares during the last quarter. 93.90% of the stock is currently owned by institutional investors and hedge funds.

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.