Huron Consulting Group’s (HURN) Outperform Rating Reiterated at William Blair

William Blair restated their outperform rating on shares of Huron Consulting Group (NASDAQ:HURN) in a research note released on Wednesday,RTT News reports.

Several other equities research analysts have also recently weighed in on the company. Barrington Research boosted their target price on Huron Consulting Group from $142.00 to $167.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. Wedbush boosted their price objective on shares of Huron Consulting Group from $150.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday. Truist Financial increased their target price on shares of Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a research report on Tuesday, March 4th. Finally, Benchmark reissued a “buy” rating and issued a $165.00 price target on shares of Huron Consulting Group in a research report on Wednesday. Six research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $169.25.

Huron Consulting Group Trading Down 0.3 %

Shares of NASDAQ:HURN opened at $142.30 on Wednesday. Huron Consulting Group has a 52 week low of $84.26 and a 52 week high of $153.85. The company’s 50 day moving average is $136.15 and its two-hundred day moving average is $123.59. The company has a market cap of $2.52 billion, a PE ratio of 30.93 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 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. The firm had revenue of $399.31 million for the quarter, compared to analyst estimates of $380.62 million. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. Equities analysts predict that Huron Consulting Group will post 6.1 earnings per share for the current fiscal year.

Insider Activity

In related news, Director James H. Roth sold 2,000 shares of the business’s stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $123.69, for a total value of $247,380.00. Following the transaction, the director now owns 50,534 shares in the company, valued at $6,250,550.46. The trade was a 3.81 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO C. Mark Hussey sold 27,672 shares of the stock in a transaction that occurred on 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 sale, the chief executive officer now directly owns 81,118 shares of the company’s stock, valued at $11,835,927.38. The trade was a 25.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 80,781 shares of company stock valued at $11,722,822 in the last ninety days. 2.02% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Huron Consulting Group

A number of large investors have recently bought and sold shares of HURN. Wellington Management Group LLP increased its stake in shares of Huron Consulting Group by 0.9% during the fourth quarter. Wellington Management Group LLP now owns 543,236 shares of the business services provider’s stock worth $67,503,000 after acquiring an additional 4,946 shares during the period. Wealth Enhancement Advisory Services LLC increased its position 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 worth $502,000 after purchasing an additional 121 shares during the period. Heck Capital Advisors LLC purchased a new position in shares of Huron Consulting Group during the 4th quarter worth approximately $33,000. Voloridge Investment Management LLC acquired a new stake in shares of Huron Consulting Group in the 4th quarter valued at approximately $3,059,000. Finally, Squarepoint Ops LLC boosted its stake in shares of Huron Consulting Group by 355.5% in the fourth quarter. Squarepoint Ops LLC now owns 17,853 shares of the business services provider’s stock valued at $2,218,000 after buying an additional 13,934 shares in the last quarter. Hedge funds and other institutional investors own 93.90% of the company’s stock.

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.