Huron Consulting Group Inc. (NASDAQ:HURN) Director James H. Roth Sells 8,641 Shares

Huron Consulting Group Inc. (NASDAQ:HURN) Director James H. Roth sold 8,641 shares of the business’s stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of $142.38, for a total transaction of $1,230,305.58. Following the transaction, the director now owns 47,638 shares in the company, valued at approximately $6,782,698.44. This represents a 15.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Huron Consulting Group Stock Performance

Shares of NASDAQ HURN opened at $142.30 on Friday. The business’s 50-day simple moving average is $136.15 and its 200-day simple moving average is $123.71. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61. Huron Consulting Group Inc. has a 52 week low of $84.26 and a 52 week high of $153.85. The firm has a market cap of $2.52 billion, a price-to-earnings ratio of 30.93 and a beta of 0.53.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, February 25th. The business services provider reported $1.90 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 company had revenue of $399.31 million for the quarter, compared to the consensus estimate of $380.62 million. As a group, equities research analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Wellington Management Group LLP grew its position in shares of Huron Consulting Group by 0.9% in the fourth 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 boosted its stake in Huron Consulting Group by 3.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,039 shares of the business services provider’s stock valued at $502,000 after purchasing an additional 121 shares during the period. Heck Capital Advisors LLC acquired a new stake in Huron Consulting Group in the 4th quarter valued at approximately $33,000. Voloridge Investment Management LLC bought a new position in Huron Consulting Group in the 4th quarter worth approximately $3,059,000. Finally, Squarepoint Ops LLC lifted its holdings in shares of Huron Consulting Group by 355.5% during the fourth quarter. Squarepoint Ops LLC now owns 17,853 shares of the business services provider’s stock worth $2,218,000 after buying an additional 13,934 shares during the last quarter. Institutional investors own 93.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on HURN shares. Truist Financial lifted their price objective on Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a research report on Tuesday, March 4th. William Blair reiterated an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday. Wedbush increased their price objective on Huron Consulting Group from $150.00 to $165.00 and gave the stock an “outperform” rating in a report on Wednesday. Barrington Research reiterated an “outperform” rating and issued a $167.00 target price on shares of Huron Consulting Group in a research note on Thursday. Finally, Benchmark reissued a “buy” rating and issued a $165.00 target price on shares of Huron Consulting Group in a research report on Wednesday. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $169.25.

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.