John Mccartney Sells 500 Shares of Huron Consulting Group Inc. (NASDAQ:HURN) Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director John Mccartney sold 500 shares of the stock in a transaction on 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 in the company, valued at $7,066,159.20. This trade represents a 0.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Huron Consulting Group Stock Down 2.9 %

NASDAQ:HURN traded down $3.57 during mid-day trading on Monday, hitting $121.09. The company had a trading volume of 81,279 shares, compared to its average volume of 75,441. The business has a fifty day simple moving average of $121.93 and a 200-day simple moving average of $111.18. 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 Inc. has a 1 year low of $84.26 and a 1 year high of $131.06. The firm has a market capitalization of $2.15 billion, a price-to-earnings ratio of 26.32 and a beta of 0.60.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings data on Tuesday, October 29th. The business services provider reported $1.68 EPS for the quarter, beating the consensus estimate 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 company had revenue of $370.00 million for the quarter, compared to analyst estimates of $377.63 million. During the same period last year, the company posted $1.39 earnings per share. The firm’s revenue was up 3.3% compared to the same quarter last year. Equities analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

HURN has been the topic of several research reports. StockNews.com raised Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Barrington Research increased their target price on Huron Consulting Group from $137.00 to $142.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Finally, Benchmark reaffirmed a “buy” rating and issued a $140.00 target price on shares of Huron Consulting Group in a research report on Wednesday, October 30th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $133.00.

Institutional Trading of Huron Consulting Group

Several large investors have recently modified their holdings of the business. Assetmark Inc. grew its stake in shares of Huron Consulting Group by 7.0% during the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock valued at $149,000 after acquiring an additional 90 shares in the last quarter. Martingale Asset Management L P grew its stake in shares of Huron Consulting Group by 0.5% during the third quarter. Martingale Asset Management L P now owns 20,479 shares of the business services provider’s stock valued at $2,226,000 after acquiring an additional 110 shares in the last quarter. Andina Capital Management LLC grew its stake in shares of Huron Consulting Group by 4.5% during the third quarter. Andina Capital Management LLC now owns 3,189 shares of the business services provider’s stock valued at $347,000 after acquiring an additional 137 shares in the last quarter. Creative Planning grew its stake in shares of Huron Consulting Group by 10.5% during the third quarter. Creative Planning now owns 2,588 shares of the business services provider’s stock valued at $281,000 after acquiring an additional 246 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in shares of Huron Consulting Group during the second quarter valued at about $28,000. 93.90% of the stock is currently owned by institutional investors and hedge funds.

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.