Huron Consulting Group (NASDAQ:HURN) Given Outperform Rating at William Blair

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

A number of other equities research analysts have also recently commented on HURN. Barrington Research raised their price objective on Huron Consulting Group from $142.00 to $167.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Truist Financial increased their target price on Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Benchmark restated a “buy” rating and set a $165.00 price target on shares of Huron Consulting Group in a research note on Wednesday. Finally, Wedbush raised their price objective on shares of Huron Consulting Group from $150.00 to $165.00 and gave the company an “outperform” rating in a research note on Wednesday. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $169.25.

Huron Consulting Group Stock Performance

NASDAQ:HURN 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 twelve month low of $84.26 and a twelve month high of $153.85. The company has a fifty day moving average of $135.84 and a 200-day moving average of $123.33. The firm has a market capitalization of $2.52 billion, a P/E ratio of 31.02 and a beta of 0.53.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings data on Tuesday, February 25th. The business services provider reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.38. The firm had revenue of $399.31 million for 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%. As a group, sell-side analysts anticipate that Huron Consulting Group will post 6.1 EPS for the current year.

Insider Activity at Huron Consulting Group

In related news, Director James H. Roth sold 2,000 shares of the business’s stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of $123.69, for a total transaction of $247,380.00. Following the transaction, the director now directly owns 50,534 shares in the company, valued at approximately $6,250,550.46. The trade was a 3.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO C. Mark Hussey sold 27,672 shares of the stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $145.91, for a total transaction of $4,037,621.52. Following the completion of the sale, the chief executive officer now owns 81,118 shares of the company’s stock, valued at approximately $11,835,927.38. This trade represents a 25.44 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 72,140 shares of company stock valued at $10,492,517 over the last 90 days. Insiders own 2.02% of the company’s stock.

Institutional Trading of Huron Consulting Group

Hedge funds have recently bought and sold shares of the business. Wellington Management Group LLP increased its position in shares of Huron Consulting Group by 0.9% during the 4th quarter. Wellington Management Group LLP now owns 543,236 shares of the business services provider’s stock valued at $67,503,000 after purchasing an additional 4,946 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings 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 worth $502,000 after buying an additional 121 shares during the last quarter. Heck Capital Advisors LLC bought a new stake in Huron Consulting Group in the fourth quarter worth about $33,000. Voloridge Investment Management LLC purchased a new position in Huron Consulting Group in the fourth quarter valued at about $3,059,000. Finally, Squarepoint Ops LLC grew its position in shares of Huron Consulting Group by 355.5% during the 4th quarter. Squarepoint Ops LLC now owns 17,853 shares of the business services provider’s stock valued at $2,218,000 after acquiring an additional 13,934 shares during the period. 93.90% of the stock is currently owned by 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.