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 Huron Consulting Group stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $149.27, for a total value of $1,289,991.34. Following the sale, the director now directly owns 56,279 shares of the company’s stock, valued at approximately $8,400,766.33. The trade was a 13.31 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Huron Consulting Group Trading Down 5.2 %

Huron Consulting Group stock opened at $140.87 on Monday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61. The business’s 50-day simple moving average is $134.50 and its 200-day simple moving average is $122.52. The firm has a market capitalization of $2.49 billion, a PE ratio of 30.62 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.

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

Hedge Funds Weigh In On Huron Consulting Group

Institutional investors have recently made changes to their positions in the business. Wellington Management Group LLP increased its stake in Huron Consulting Group by 29.1% during the third quarter. Wellington Management Group LLP now owns 538,290 shares of the business services provider’s stock valued at $58,512,000 after acquiring an additional 121,371 shares during the period. TI Trust Inc. bought a new position in Huron Consulting Group during the fourth quarter valued at about $12,197,000. Franklin Resources Inc. increased its stake in Huron Consulting Group by 20.5% during the third quarter. Franklin Resources Inc. now owns 395,788 shares of the business services provider’s stock valued at $42,306,000 after acquiring an additional 67,239 shares during the period. Norges Bank bought a new position in Huron Consulting Group during the fourth quarter valued at about $7,427,000. Finally, Hotchkis & Wiley Capital Management LLC bought a new position in Huron Consulting Group during the third quarter valued at about $6,336,000. 93.90% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on HURN shares. Wedbush started coverage on Huron Consulting Group in a report on Monday, February 3rd. They set an “outperform” rating on the stock. Benchmark raised their target price on Huron Consulting Group from $140.00 to $165.00 and gave the company a “buy” rating in a report on Wednesday, February 26th. Truist Financial raised their target price on Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. William Blair restated an “outperform” rating on shares of Huron Consulting Group in a report on Monday, March 10th. Finally, Barrington Research raised their target price on Huron Consulting Group from $142.00 to $167.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, Huron Consulting Group currently has an average rating of “Buy” and an average price target of $155.50.

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.