Huron Consulting Group’s (HURN) Outperform Rating Reaffirmed at Barrington Research

Barrington Research reaffirmed their outperform rating on shares of Huron Consulting Group (NASDAQ:HURN) in a research report report published on Thursday,Benzinga reports. Barrington Research currently has a $167.00 price objective on the business services provider’s stock.

HURN has been the subject of several other reports. Truist Financial boosted their price objective 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 issued a $165.00 price objective on shares of Huron Consulting Group in a report on Wednesday. Wedbush lifted their target price on shares of Huron Consulting Group from $150.00 to $165.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, William Blair reissued an “outperform” rating on shares of Huron Consulting Group in a research note on Wednesday. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $169.25.

Huron Consulting Group Trading Up 0.1 %

Shares of NASDAQ HURN opened at $142.71 on Thursday. Huron Consulting Group has a 1-year low of $84.26 and a 1-year high of $153.85. The company has a 50-day moving average of $135.84 and a two-hundred day moving average of $123.33. The company has a market cap of $2.52 billion, a PE ratio of 31.02 and a beta of 0.53. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82.

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

Insider Activity

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $124.65, for a total value of $62,325.00. Following the completion of the transaction, the director now directly owns 56,688 shares of the company’s stock, valued at approximately $7,066,159.20. The trade was a 0.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C. Mark Hussey sold 27,672 shares of the stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $145.91, for a total value 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 $11,835,927.38. This trade represents a 25.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 72,140 shares of company stock valued at $10,492,517 in the last quarter. Company insiders own 2.02% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Heck Capital Advisors LLC acquired a new stake in shares of Huron Consulting Group during the fourth quarter worth $33,000. Tower Research Capital LLC TRC raised its stake in shares of Huron Consulting Group by 27.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 569 shares of the business services provider’s stock valued at $71,000 after purchasing an additional 122 shares during the period. Xponance Inc. bought a new stake in shares of Huron Consulting Group in the fourth quarter valued at about $204,000. Cibc World Markets Corp acquired a new position in shares of Huron Consulting Group during the fourth quarter worth about $204,000. Finally, Two Sigma Securities LLC bought a new position in shares of Huron Consulting Group during the fourth quarter worth about $209,000. Institutional investors own 93.90% of the company’s stock.

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.