James H. Roth Sells 8,641 Shares of Huron Consulting Group Inc. (NASDAQ:HURN) Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director James H. Roth sold 8,641 shares of the company’s stock in a transaction that occurred on Wednesday, March 26th. The stock was sold at an average price of $142.38, for a total value of $1,230,305.58. Following the completion of the sale, the director now owns 47,638 shares in the company, valued at approximately $6,782,698.44. This represents a 15.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Huron Consulting Group Trading Down 0.8 %

Shares of NASDAQ HURN traded down $1.20 during midday trading on Friday, reaching $141.51. 53,827 shares of the stock were exchanged, compared to its average volume of 131,924. The stock has a 50 day moving average price of $135.84 and a 200-day moving average price of $123.33. 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 $2.50 billion, a P/E ratio of 30.76 and a beta of 0.53. Huron Consulting Group Inc. has a 52-week low of $84.26 and a 52-week high of $153.85.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.38. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The company had revenue of $399.31 million during the quarter, compared to the consensus estimate of $380.62 million. Equities research analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Barrington Research reissued an “outperform” rating and issued a $167.00 target price on shares of Huron Consulting Group in a report on Thursday. William Blair reissued an “outperform” rating on shares of Huron Consulting Group in a research note on Wednesday. Benchmark restated a “buy” rating and set a $165.00 target price on shares of Huron Consulting Group in a research report on Wednesday. Wedbush upped their price target on shares of Huron Consulting Group from $150.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Truist Financial raised their price objective on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Tuesday, March 4th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $169.25.

Institutional Trading of Huron Consulting Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HURN. Dakota Wealth Management grew its position in Huron Consulting Group by 4.0% during the fourth quarter. Dakota Wealth Management now owns 2,250 shares of the business services provider’s stock valued at $280,000 after acquiring an additional 87 shares during the period. Summit Investment Advisors Inc. grew its holdings in shares of Huron Consulting Group by 5.5% during the 4th quarter. Summit Investment Advisors Inc. now owns 1,838 shares of the business services provider’s stock worth $228,000 after purchasing an additional 96 shares during the period. Andina Capital Management LLC increased its position in Huron Consulting Group by 3.4% during the 4th quarter. Andina Capital Management LLC now owns 3,296 shares of the business services provider’s stock worth $410,000 after purchasing an additional 107 shares in the last quarter. Martingale Asset Management L P raised its holdings in Huron Consulting Group by 0.5% in the third quarter. Martingale Asset Management L P now owns 20,479 shares of the business services provider’s stock valued at $2,226,000 after buying an additional 110 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Huron Consulting Group by 3.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,039 shares of the business services provider’s stock valued at $502,000 after buying an additional 121 shares in the last quarter. Hedge funds and other institutional investors own 93.90% of the company’s stock.

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.