Huron Consulting Group Inc. (NASDAQ:HURN) Director Sells $27,018.00 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director John Mccartney sold 300 shares of the company’s stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $90.06, for a total transaction of $27,018.00. Following the transaction, the director now owns 56,319 shares in the company, valued at approximately $5,072,089.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

John Mccartney also recently made the following trade(s):

• On Monday, April 1st, John Mccartney sold 300 shares of Huron Consulting Group stock. The shares were sold at an average price of $96.38, for a total value of $28,914.00.
• On Friday, March 1st, John Mccartney sold 300 shares of Huron Consulting Group stock. The stock was sold at an average price of $98.13, for a total value of $29,439.00.

Huron Consulting Group Trading Up 0.8 %

Shares of NASDAQ:HURN opened at $86.32 on Monday. The firm has a market capitalization of $1.55 billion, a price-to-earnings ratio of 24.88 and a beta of 0.59. The business’s 50 day moving average price is $95.07 and its 200-day moving average price is $100.24. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.40 and a quick ratio of 1.32. Huron Consulting Group Inc. has a 1 year low of $70.66 and a 1 year high of $113.31.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Tuesday, April 30th. The business services provider reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.35. Huron Consulting Group had a net margin of 4.67% and a return on equity of 19.21%. The business had revenue of $355.96 million for the quarter, compared to the consensus estimate of $348.80 million. During the same period last year, the firm posted $0.87 earnings per share. The company’s revenue was up 12.0% compared to the same quarter last year. On average, equities research analysts forecast that Huron Consulting Group Inc. will post 5.75 earnings per share for the current fiscal year.

Analyst Ratings Changes

HURN has been the topic of several analyst reports. StockNews.com downgraded Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Wednesday, February 28th. Benchmark reaffirmed a “buy” rating and set a $140.00 target price on shares of Huron Consulting Group in a report on Wednesday, May 1st. Finally, Barrington Research upped their price objective on Huron Consulting Group from $128.00 to $133.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 6th.

Hedge Funds Weigh In On Huron Consulting Group

A number of hedge funds have recently made changes to their positions in HURN. Semanteon Capital Management LP purchased a new stake in shares of Huron Consulting Group during the fourth quarter worth approximately $1,166,000. Jump Financial LLC purchased a new stake in shares of Huron Consulting Group during the third quarter worth $583,000. Acadian Asset Management LLC purchased a new stake in shares of Huron Consulting Group during the third quarter worth $872,000. American Century Companies Inc. raised its position in shares of Huron Consulting Group by 36.0% in the third quarter. American Century Companies Inc. now owns 233,224 shares of the business services provider’s stock valued at $24,293,000 after buying an additional 61,777 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Huron Consulting Group by 6.7% in the third quarter. Vanguard Group Inc. now owns 2,053,491 shares of the business services provider’s stock worth $213,892,000 after buying an additional 128,274 shares in the last quarter. 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.