Brokerages Set Huron Consulting Group Inc. (NASDAQ:HURN) Target Price at $155.50

Huron Consulting Group Inc. (NASDAQ:HURN) has been given a consensus recommendation of “Buy” by the five ratings firms that are covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a buy rating. The average 12 month target price among brokers that have covered the stock in the last year is $155.50.

HURN has been the topic of several analyst reports. Barrington Research lifted their target price on Huron Consulting Group from $142.00 to $167.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Benchmark boosted their price objective on shares of Huron Consulting Group from $140.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday, February 26th. Truist Financial raised their target price 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. Wedbush assumed coverage on shares of Huron Consulting Group in a research note on Monday, February 3rd. They set an “outperform” rating on the stock. Finally, William Blair restated an “outperform” rating on shares of Huron Consulting Group in a research report on Monday, March 10th.

Insider Activity at Huron Consulting Group

In other news, Director James H. Roth sold 2,000 shares of the firm’s stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of $123.69, for a total value of $247,380.00. Following the completion of the transaction, the director now owns 50,534 shares in the company, valued at $6,250,550.46. This trade represents a 3.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director John Mccartney sold 500 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $124.65, for a total transaction of $62,325.00. Following the completion of the sale, the director now owns 56,688 shares in the company, valued at $7,066,159.20. This represents a 0.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 72,140 shares of company stock worth $10,492,517 over the last 90 days. Company insiders own 2.02% of the company’s stock.

Institutional Trading of Huron Consulting Group

Several institutional investors and hedge funds have recently modified their holdings of HURN. Natixis Advisors LLC raised its position in shares of Huron Consulting Group by 32.7% during the 3rd quarter. Natixis Advisors LLC now owns 18,571 shares of the business services provider’s stock worth $2,019,000 after purchasing an additional 4,576 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Huron Consulting Group during the third quarter valued at $457,000. Intech Investment Management LLC purchased a new stake in Huron Consulting Group during the 3rd quarter worth about $328,000. Dynamic Technology Lab Private Ltd acquired a new position in Huron Consulting Group in the 3rd quarter valued at about $879,000. Finally, Quantbot Technologies LP lifted its holdings in Huron Consulting Group by 6,174.4% in the 3rd quarter. Quantbot Technologies LP now owns 10,541 shares of the business services provider’s stock valued at $1,146,000 after purchasing an additional 10,373 shares in the last quarter. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Stock Up 1.5 %

HURN stock opened at $145.00 on Friday. The company has a market cap of $2.56 billion, a price-to-earnings ratio of 31.52 and a beta of 0.53. The company has a fifty day moving average price of $135.24 and a 200 day moving average price of $123.06. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. Huron Consulting Group has a 12 month low of $84.26 and a 12 month high of $153.85.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, February 25th. The business services provider reported $1.90 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.38. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The business had revenue of $399.31 million during the quarter, compared to analysts’ expectations of $380.62 million. Sell-side analysts expect that Huron Consulting Group will post 6.1 earnings per share for the current year.

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.