Huron Consulting Group Inc. (NASDAQ:HURN) Director Sells $247,380.00 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director James H. Roth sold 2,000 shares of the company’s stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of $123.69, for a total value of $247,380.00. Following the sale, the director now owns 50,534 shares of the company’s stock, valued at approximately $6,250,550.46. The trade was a 3.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Huron Consulting Group Price Performance

Huron Consulting Group stock opened at $124.10 on Tuesday. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $2.20 billion, a PE ratio of 26.98 and a beta of 0.60. Huron Consulting Group Inc. has a 12 month low of $84.26 and a 12 month high of $131.06. The stock has a 50-day moving average price of $123.20 and a two-hundred day moving average price of $112.20.

Huron Consulting Group (NASDAQ:HURN) last posted its earnings results 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. The firm had revenue of $370.00 million during the quarter, compared to the consensus estimate of $377.63 million. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The business’s quarterly revenue was up 3.3% on a year-over-year basis. During the same period last year, the company earned $1.39 earnings per share. Analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HURN. StockNews.com upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Benchmark restated a “buy” rating and set a $140.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, October 30th. Finally, Barrington Research upped their price objective 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. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $133.00.

Hedge Funds Weigh In On Huron Consulting Group

Several large investors have recently bought and sold shares of the company. Victory Capital Management Inc. increased its stake in shares of Huron Consulting Group by 435.2% in the second quarter. Victory Capital Management Inc. now owns 64,674 shares of the business services provider’s stock valued at $6,370,000 after buying an additional 52,589 shares during the period. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Huron Consulting Group in the second quarter valued at about $28,000. American Century Companies Inc. increased its stake in shares of Huron Consulting Group by 1.0% in the second quarter. American Century Companies Inc. now owns 181,834 shares of the business services provider’s stock valued at $17,911,000 after buying an additional 1,837 shares during the period. William Blair Investment Management LLC acquired a new stake in shares of Huron Consulting Group in the second quarter valued at about $9,533,000. Finally, Envestnet Asset Management Inc. increased its stake in shares of Huron Consulting Group by 22.1% in the second quarter. Envestnet Asset Management Inc. now owns 62,909 shares of the business services provider’s stock valued at $6,197,000 after buying an additional 11,401 shares during the period. 93.90% of the stock is currently owned by institutional investors.

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.