Barrington Research Increases Huron Consulting Group (NASDAQ:HURN) Price Target to $142.00

Huron Consulting Group (NASDAQ:HURN) had its price objective hoisted by Barrington Research from $137.00 to $142.00 in a research note published on Monday morning, Benzinga reports. The brokerage currently has an outperform rating on the business services provider’s stock.

Several other equities research analysts have also commented on the company. Benchmark restated a “buy” rating and issued a $140.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, October 30th. StockNews.com raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $133.00.

Huron Consulting Group Trading Up 2.7 %

Shares of Huron Consulting Group stock opened at $118.20 on Monday. Huron Consulting Group has a 1 year low of $84.26 and a 1 year high of $118.99. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. The stock has a market cap of $2.10 billion, a PE ratio of 25.70 and a beta of 0.60. The firm has a fifty day moving average price of $107.84 and a 200 day moving average price of $101.17.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings data on Tuesday, October 29th. The business services provider reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.11. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The business had revenue of $370.00 million during the quarter, compared to analyst estimates of $377.63 million. During the same quarter last year, the business posted $1.39 EPS. The company’s revenue was up 3.3% on a year-over-year basis. Equities research analysts predict that Huron Consulting Group will post 6.11 earnings per share for the current year.

Insider Activity

In other news, CEO C. Mark Hussey sold 4,000 shares of the stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $103.13, for a total transaction of $412,520.00. Following the transaction, the chief executive officer now owns 81,081 shares in the company, valued at $8,361,883.53. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CEO C. Mark Hussey sold 4,000 shares of the business’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $103.13, for a total transaction of $412,520.00. Following the completion of the sale, the chief executive officer now owns 81,081 shares of the company’s stock, valued at $8,361,883.53. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director H Eugene Lockhart sold 1,042 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $108.27, for a total transaction of $112,817.34. Following the completion of the transaction, the director now directly owns 28,840 shares in the company, valued at $3,122,506.80. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 7,348 shares of company stock worth $769,627 over the last three months. 2.20% of the stock is currently owned by corporate insiders.

Institutional Trading of Huron Consulting Group

Several large investors have recently made changes to their positions in HURN. Covestor Ltd raised its stake in Huron Consulting Group by 26,500.0% in the 1st quarter. Covestor Ltd now owns 266 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 265 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Huron Consulting Group during the second quarter worth $28,000. Assetmark Inc. raised its position in shares of Huron Consulting Group by 7.0% in the third 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. Daiwa Securities Group Inc. lifted its stake in shares of Huron Consulting Group by 800.0% in the first quarter. Daiwa Securities Group Inc. now owns 1,800 shares of the business services provider’s stock worth $174,000 after buying an additional 1,600 shares in the last quarter. Finally, Dakota Wealth Management acquired a new position in Huron Consulting Group during the second quarter worth about $219,000. 93.90% of the stock is currently owned by hedge funds and other 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.