John Mccartney Sells 500 Shares of Huron Consulting Group Inc. (NASDAQ:HURN) Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $124.65, for a total transaction of $62,325.00. Following the sale, the director now directly owns 56,688 shares of the company’s stock, valued at $7,066,159.20. This represents a 0.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Huron Consulting Group Stock Up 1.3 %

HURN opened at $122.61 on Wednesday. Huron Consulting Group Inc. has a 12 month low of $84.26 and a 12 month high of $131.06. 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 business’s 50-day moving average price is $122.62 and its 200-day moving average price is $111.62. The company has a market cap of $2.18 billion, a P/E ratio of 26.65 and a beta of 0.60.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, October 29th. The business services provider reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.11. The business had revenue of $370.00 million for the quarter, compared to analysts’ expectations of $377.63 million. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The business’s quarterly revenue was up 3.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.39 EPS. On average, equities analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Institutional Investors Weigh In On Huron Consulting Group

Several institutional investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP increased its position in shares of Huron Consulting Group by 29.1% in the third quarter. Wellington Management Group LLP now owns 538,290 shares of the business services provider’s stock valued at $58,512,000 after acquiring an additional 121,371 shares during the period. William Blair Investment Management LLC bought a new position in Huron Consulting Group during the 2nd quarter valued at approximately $9,533,000. Franklin Resources Inc. raised its position in Huron Consulting Group by 20.5% during the 3rd quarter. Franklin Resources Inc. now owns 395,788 shares of the business services provider’s stock valued at $42,306,000 after purchasing an additional 67,239 shares during the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new stake in Huron Consulting Group in the 3rd quarter worth approximately $6,336,000. Finally, Victory Capital Management Inc. grew its position in shares of Huron Consulting Group by 435.2% in the 2nd quarter. Victory Capital Management Inc. now owns 64,674 shares of the business services provider’s stock worth $6,370,000 after buying an additional 52,589 shares during the last quarter. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Analysts Set New Price Targets

HURN has been the subject of several research analyst reports. Benchmark reaffirmed a “buy” rating and set a $140.00 price target on shares of Huron Consulting Group in a research note on Wednesday, October 30th. Barrington Research boosted their target price on Huron Consulting Group from $137.00 to $142.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Finally, StockNews.com upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Five analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $133.00.

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.