Huron Consulting Group (NASDAQ:HURN) Given Buy Rating at Truist Financial

Truist Financial restated their buy rating on shares of Huron Consulting Group (NASDAQ:HURN) in a research report report published on Wednesday morning,Benzinga reports. They currently have a $165.00 price objective on the business services provider’s stock, up from their prior price objective of $140.00.

Other equities analysts have also recently issued reports about the company. StockNews.com raised Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Barrington Research upped their price target on Huron Consulting Group from $137.00 to $142.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Wedbush started coverage on Huron Consulting Group in a report on Monday, February 3rd. They issued an “outperform” rating for the company. Finally, Benchmark restated a “buy” rating and set a $140.00 target price on shares of Huron Consulting Group in a research note on Wednesday, October 30th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Huron Consulting Group has a consensus rating of “Buy” and an average target price of $151.75.

Huron Consulting Group Price Performance

Shares of NASDAQ:HURN opened at $152.46 on Wednesday. The business has a fifty day moving average price of $126.92 and a 200-day moving average price of $117.81. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. The company has a market capitalization of $2.70 billion, a PE ratio of 33.14 and a beta of 0.59. Huron Consulting Group has a 1-year low of $84.26 and a 1-year high of $153.77.

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

Insider Buying and Selling

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the firm’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 transaction, the director now directly owns 56,688 shares of the company’s stock, valued at approximately $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 hyperlink. Also, Director H Eugene Lockhart sold 1,042 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $122.81, for a total transaction of $127,968.02. Following the sale, the director now directly owns 26,756 shares of the company’s stock, valued at $3,285,904.36. The trade was a 3.75 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 21,084 shares of company stock valued at $2,942,539 over the last 90 days. Company insiders own 2.02% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

Hedge funds have recently modified their holdings of the business. Heck Capital Advisors LLC bought a new position in Huron Consulting Group in the 4th quarter worth $33,000. Tower Research Capital LLC TRC increased its position in Huron Consulting Group by 27.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 569 shares of the business services provider’s stock worth $71,000 after buying an additional 122 shares in the last quarter. Assetmark Inc. raised its stake in shares of Huron Consulting Group by 7.0% in the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock worth $149,000 after buying an additional 90 shares during the period. Cibc World Markets Corp purchased a new position in shares of Huron Consulting Group during the 4th quarter valued at about $204,000. Finally, Xponance Inc. bought a new position in shares of Huron Consulting Group during the 4th quarter valued at approximately $204,000. 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.