Huron Consulting Group (NASDAQ:HURN) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 121,700 shares, a decline of 15.3% from the December 15th total of 143,600 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily volume of 89,000 shares, the days-to-cover ratio is presently 1.4 days.

A number of analysts have issued reports on HURN shares. SunTrust Banks boosted their target price on Huron Consulting Group from $74.00 to $80.00 and gave the company a “buy” rating in a research report on Monday, January 6th. BidaskClub lowered Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Friday, January 10th. Zacks Investment Research lowered Huron Consulting Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 1st. ValuEngine lowered Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Barrington Research upped their price objective on Huron Consulting Group from $68.00 to $76.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $71.00.

Shares of Huron Consulting Group stock traded down $0.34 during trading hours on Wednesday, reaching $69.08. 81,600 shares of the company were exchanged, compared to its average volume of 77,900. Huron Consulting Group has a 1 year low of $44.78 and a 1 year high of $70.91. The stock’s fifty day moving average is $68.73 and its 200 day moving average is $62.14. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.65 and a current ratio of 0.65. The firm has a market cap of $1.59 billion, a PE ratio of 33.21, a PEG ratio of 1.85 and a beta of -0.07.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Tuesday, October 29th. The business services provider reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.13. Huron Consulting Group had a return on equity of 10.40% and a net margin of 3.25%. The business had revenue of $219.30 million for the quarter, compared to analyst estimates of $211.59 million. During the same quarter in the prior year, the company earned $0.64 earnings per share. The company’s revenue was up 10.5% on a year-over-year basis. Research analysts expect that Huron Consulting Group will post 2.58 earnings per share for the current year.

In other Huron Consulting Group news, EVP Diane E. Ratekin sold 7,904 shares of the business’s stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $66.59, for a total value of $526,327.36. Following the sale, the executive vice president now owns 35,943 shares of the company’s stock, valued at $2,393,444.37. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director George Massaro sold 760 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $68.70, for a total value of $52,212.00. Following the completion of the sale, the director now directly owns 18,479 shares in the company, valued at approximately $1,269,507.30. The disclosure for this sale can be found here. In the last three months, insiders sold 9,664 shares of company stock worth $644,659. 2.86% of the stock is owned by corporate insiders.

Institutional investors have recently bought and sold shares of the company. First Trust Advisors LP purchased a new stake in shares of Huron Consulting Group during the third quarter worth $449,000. Russell Investments Group Ltd. purchased a new stake in shares of Huron Consulting Group during the third quarter worth $358,000. Voya Investment Management LLC increased its position in shares of Huron Consulting Group by 2,794.2% during the third quarter. Voya Investment Management LLC now owns 268,119 shares of the business services provider’s stock worth $16,447,000 after acquiring an additional 258,855 shares during the period. Squarepoint Ops LLC increased its position in shares of Huron Consulting Group by 50.4% during the third quarter. Squarepoint Ops LLC now owns 35,001 shares of the business services provider’s stock worth $2,147,000 after acquiring an additional 11,723 shares during the period. Finally, California State Teachers Retirement System increased its position in shares of Huron Consulting Group by 1.2% during the third quarter. California State Teachers Retirement System now owns 34,944 shares of the business services provider’s stock worth $2,143,000 after acquiring an additional 417 shares during the period. 88.48% of the stock is currently owned by institutional investors and hedge funds.

About Huron Consulting Group

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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