Huron Consulting Group (NASDAQ:HURN) Director Sells 2,000 Shares

Huron Consulting Group Inc. (NASDAQ:HURN) Director James Roth sold 2,000 shares of the stock in a transaction on Monday, December 1st. The shares were sold at an average price of $164.57, for a total value of $329,140.00. Following the sale, the director directly owned 35,304 shares in the company, valued at $5,809,979.28. This trade represents a 5.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Huron Consulting Group Stock Up 1.6%

Shares of NASDAQ HURN traded up $2.62 during mid-day trading on Wednesday, reaching $167.43. 78,995 shares of the company were exchanged, compared to its average volume of 193,057. Huron Consulting Group Inc. has a 1 year low of $118.25 and a 1 year high of $174.26. The firm has a 50-day moving average of $156.85 and a 200 day moving average of $144.30. The stock has a market cap of $2.89 billion, a price-to-earnings ratio of 28.08 and a beta of 0.18. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 1.18.

Huron Consulting Group (NASDAQ:HURN) last posted its earnings results on Tuesday, October 28th. The business services provider reported $2.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.24. The company had revenue of $441.28 million for the quarter, compared to analyst estimates of $418.13 million. Huron Consulting Group had a return on equity of 27.06% and a net margin of 6.54%.The firm’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.68 earnings per share. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. On average, research analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a research note on Wednesday, October 8th. Truist Financial upped their target price on Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, November 14th. Barrington Research boosted their price target on Huron Consulting Group from $173.00 to $176.00 and gave the stock an “outperform” rating in a research note on Thursday, August 7th. Finally, Benchmark upped their price objective on shares of Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a report on Monday, October 27th. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Huron Consulting Group currently has a consensus rating of “Buy” and an average price target of $190.25.

Institutional Investors Weigh In On Huron Consulting Group

A number of large investors have recently bought and sold shares of HURN. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Huron Consulting Group by 149.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,199,574 shares of the business services provider’s stock valued at $172,079,000 after acquiring an additional 719,199 shares during the period. Boston Partners raised its holdings in shares of Huron Consulting Group by 17.0% during the third quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock worth $130,803,000 after purchasing an additional 129,073 shares during the last quarter. Franklin Resources Inc. lifted its position in Huron Consulting Group by 0.5% during the third quarter. Franklin Resources Inc. now owns 614,248 shares of the business services provider’s stock valued at $90,153,000 after purchasing an additional 3,340 shares during the period. Jennison Associates LLC boosted its holdings in Huron Consulting Group by 17.4% in the second quarter. Jennison Associates LLC now owns 581,397 shares of the business services provider’s stock valued at $79,965,000 after purchasing an additional 86,069 shares during the last quarter. Finally, Sunriver Management LLC grew its position in Huron Consulting Group by 19.5% during the 3rd quarter. Sunriver Management LLC now owns 451,985 shares of the business services provider’s stock worth $66,338,000 after purchasing an additional 73,774 shares during the period. Hedge funds and other institutional investors own 93.90% of the company’s stock.

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.