Huron Consulting Group Inc. (NASDAQ:HURN) Director H Eugene Lockhart Sells 1,042 Shares

Huron Consulting Group Inc. (NASDAQ:HURN) Director H Eugene Lockhart sold 1,042 shares of the company’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $115.82, for a total value of $120,684.44. Following the completion of the sale, the director now owns 27,798 shares of the company’s stock, valued at $3,219,564.36. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

H Eugene Lockhart also recently made the following trade(s):

• On Tuesday, October 1st, H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock. The shares were sold at an average price of $108.27, for a total value of $112,817.34.
• On Tuesday, September 3rd, H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock. The stock was sold at an average price of $109.48, for a total transaction of $114,078.16.
• On Thursday, August 8th, H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock. The stock was sold at an average price of $102.61, for a total transaction of $106,919.62.

Huron Consulting Group Stock Up 1.8 %

Huron Consulting Group stock opened at $120.32 on Wednesday. Huron Consulting Group Inc. has a 1-year low of $84.26 and a 1-year high of $120.41. The business has a fifty day moving average price of $108.09 and a 200-day moving average price of $101.37. 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 stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of 26.16 and a beta of 0.60.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, October 29th. The business services provider reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.11. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The business had revenue of $370.00 million for the quarter, compared to analyst estimates of $377.63 million. During the same quarter in the previous year, the firm earned $1.39 earnings per share. The company’s revenue was up 3.3% on a year-over-year basis. Equities research analysts forecast that Huron Consulting Group Inc. will post 6.11 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have weighed in on HURN shares. Barrington Research upped their target price on Huron Consulting Group from $137.00 to $142.00 and gave the stock an “outperform” rating in a report on Monday. Benchmark reaffirmed 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, StockNews.com upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $133.00.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Covestor Ltd lifted its stake in shares of Huron Consulting Group by 26,500.0% during the first quarter. Covestor Ltd now owns 266 shares of the business services provider’s stock worth $26,000 after buying an additional 265 shares during the period. Ashton Thomas Private Wealth LLC purchased a new stake in Huron Consulting Group during the 2nd quarter valued at about $28,000. Assetmark Inc. increased its holdings 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 valued at $149,000 after purchasing an additional 90 shares during the period. Daiwa Securities Group Inc. raised its stake in shares of Huron Consulting Group by 800.0% in the first quarter. Daiwa Securities Group Inc. now owns 1,800 shares of the business services provider’s stock worth $174,000 after purchasing an additional 1,600 shares during the last quarter. Finally, Dakota Wealth Management acquired a new stake in shares of Huron Consulting Group during the second quarter worth about $219,000. Institutional investors and hedge funds 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.