Huron Consulting Group Inc. (NASDAQ:HURN) Director James H. Roth Sells 8,642 Shares

Huron Consulting Group Inc. (NASDAQ:HURN) Director James H. Roth sold 8,642 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $149.27, for a total transaction 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. This trade represents a 13.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Huron Consulting Group Stock Down 4.0 %

Shares of NASDAQ:HURN traded down $5.88 during midday trading on Friday, reaching $142.67. The company had a trading volume of 131,518 shares, compared to its average volume of 121,953. The stock has a market capitalization of $2.52 billion, a P/E ratio of 31.01 and a beta of 0.53. The stock’s fifty day moving average price is $134.17 and its 200-day moving average price is $122.12. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. Huron Consulting Group Inc. has a one year low of $84.26 and a one year high of $153.85.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share (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 analyst estimates of $380.62 million. Equities research analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Huron Consulting Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Natixis Advisors LLC grew its stake in Huron Consulting Group by 32.7% during the 3rd quarter. Natixis Advisors LLC now owns 18,571 shares of the business services provider’s stock worth $2,019,000 after buying an additional 4,576 shares during the last quarter. Jennison Associates LLC grew its position in shares of Huron Consulting Group by 5.7% during the third quarter. Jennison Associates LLC now owns 574,006 shares of the business services provider’s stock worth $62,394,000 after acquiring an additional 31,123 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Huron Consulting Group in the 3rd quarter worth about $457,000. Intech Investment Management LLC bought a new stake in Huron Consulting Group in the 3rd quarter valued at about $328,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Huron Consulting Group during the 3rd quarter valued at about $879,000. 93.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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