Huron Consulting Group (NASDAQ:HURN) Rating Increased to Strong-Buy at BidaskClub
Huron Consulting Group (NASDAQ:HURN) was upgraded by research analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Friday, BidAskClub reports.
HURN has been the topic of a number of other research reports. Benchmark reissued a “buy” rating and issued a $120.00 target price (up previously from $110.00) on shares of SPS Commerce in a report on Thursday, May 2nd. Barrington Research decreased their price target on CBS from $72.00 to $60.00 and set an “outperform” rating on the stock in a research note on Monday, May 6th. ValuEngine downgraded Zosano Pharma from a “buy” rating to a “hold” rating in a research note on Wednesday, May 1st. Finally, Zacks Investment Research upgraded DLH from a “sell” rating to a “hold” rating in a research note on Tuesday, July 9th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $57.75.
NASDAQ:HURN opened at $54.49 on Friday. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 23.90, a P/E/G ratio of 1.70 and a beta of -0.04. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.58 and a current ratio of 0.58. The company has a 50 day moving average of $51.14. Huron Consulting Group has a 12-month low of $43.30 and a 12-month high of $57.00.
In related news, CEO James H. Roth sold 17,500 shares of Huron Consulting Group stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $49.43, for a total value of $865,025.00. Following the sale, the chief executive officer now directly owns 189,212 shares in the company, valued at $9,352,749.16. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director George Massaro sold 547 shares of Huron Consulting Group stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $50.02, for a total value of $27,360.94. Following the completion of the sale, the director now owns 21,999 shares in the company, valued at $1,100,389.98. The disclosure for this sale can be found here. 2.86% of the stock is owned by insiders.
Several institutional investors have recently bought and sold shares of the stock. Norges Bank purchased a new stake in shares of Huron Consulting Group in the fourth quarter valued at approximately $27,585,000. Northern Trust Corp boosted its position in Huron Consulting Group by 3.2% during the fourth quarter. Northern Trust Corp now owns 330,103 shares of the business services provider’s stock worth $16,937,000 after purchasing an additional 10,138 shares in the last quarter. Geode Capital Management LLC boosted its position in Huron Consulting Group by 7.4% during the fourth quarter. Geode Capital Management LLC now owns 257,580 shares of the business services provider’s stock worth $13,216,000 after purchasing an additional 17,753 shares in the last quarter. Millennium Management LLC boosted its position in Huron Consulting Group by 151.2% during the fourth quarter. Millennium Management LLC now owns 164,314 shares of the business services provider’s stock worth $8,431,000 after purchasing an additional 98,900 shares in the last quarter. Finally, Segall Bryant & Hamill LLC boosted its position in Huron Consulting Group by 9.2% during the fourth quarter. Segall Bryant & Hamill LLC now owns 162,752 shares of the business services provider’s stock worth $8,351,000 after purchasing an additional 13,658 shares in the last quarter. Hedge funds and other institutional investors own 88.14% of the company’s stock.
Huron Consulting Group Company Profile
Huron Consulting Group Inc, a professional services firm, provides advisory, technology, and analytic solutions in the United States and internationally. Its Healthcare segment provides advisory services in the areas of strategy, care transformation, financial and operational excellence, technology and analytics, and leadership development to national and regional hospitals, integrated health systems, academic medical centers, community hospitals, and medical groups.
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