Huron Consulting Group’s (HURN) “Buy” Rating Reiterated at Truist Financial

Truist Financial restated their buy rating on shares of Huron Consulting Group (NASDAQ:HURNFree Report) in a research report report published on Thursday morning, Benzinga reports. They currently have a $140.00 price objective on the business services provider’s stock.

Other research analysts have also recently issued research reports about the company. Benchmark restated a buy rating and issued a $140.00 price target on shares of Huron Consulting Group in a research note on Monday, May 13th. StockNews.com cut Huron Consulting Group from a buy rating to a hold rating in a research note on Wednesday, February 28th. Finally, Barrington Research restated an outperform rating and issued a $133.00 price target on shares of Huron Consulting Group in a research note on Monday, May 6th.

Check Out Our Latest Stock Analysis on HURN

Huron Consulting Group Trading Down 0.1 %

Huron Consulting Group stock opened at $87.66 on Thursday. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 1.13. The business’s fifty day simple moving average is $92.57 and its two-hundred day simple moving average is $99.42. Huron Consulting Group has a 12 month low of $77.99 and a 12 month high of $113.31. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of 25.26 and a beta of 0.59.

Huron Consulting Group (NASDAQ:HURNGet Free Report) last released its earnings results on Tuesday, April 30th. The business services provider reported $1.23 EPS for the quarter, topping the consensus estimate of $0.88 by $0.35. Huron Consulting Group had a return on equity of 19.21% and a net margin of 4.67%. The business had revenue of $355.96 million for the quarter, compared to the consensus estimate of $348.80 million. During the same period in the previous year, the company posted $0.87 earnings per share. The company’s revenue for the quarter was up 12.0% compared to the same quarter last year. As a group, equities analysts predict that Huron Consulting Group will post 5.82 earnings per share for the current fiscal year.

Insider Transactions at Huron Consulting Group

In other news, EVP Ernest W. Jr. Torain sold 650 shares of the company’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $100.00, for a total value of $65,000.00. Following the completion of the transaction, the executive vice president now owns 15,050 shares of the company’s stock, valued at $1,505,000. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, EVP Ernest W. Jr. Torain sold 650 shares of the stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $100.00, for a total transaction of $65,000.00. Following the completion of the transaction, the executive vice president now directly owns 15,050 shares of the company’s stock, valued at $1,505,000. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director James H. Roth sold 9,517 shares of the stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $99.28, for a total value of $944,847.76. Following the transaction, the director now directly owns 83,239 shares of the company’s stock, valued at $8,263,967.92. The disclosure for this sale can be found here. Insiders sold a total of 36,380 shares of company stock valued at $3,548,734 over the last 90 days. Company insiders own 2.02% of the company’s stock.

Hedge Funds Weigh In On Huron Consulting Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Principal Securities Inc. bought a new position in Huron Consulting Group during the fourth quarter valued at approximately $25,000. Covestor Ltd lifted its stake in shares of Huron Consulting Group by 26,500.0% in the 1st quarter. Covestor Ltd now owns 266 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 265 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of Huron Consulting Group in the 4th quarter valued at approximately $42,000. Quest Partners LLC bought a new stake in shares of Huron Consulting Group in the 4th quarter valued at approximately $97,000. Finally, Headlands Technologies LLC lifted its stake in shares of Huron Consulting Group by 2,020.0% in the 4th quarter. Headlands Technologies LLC now owns 954 shares of the business services provider’s stock valued at $98,000 after purchasing an additional 909 shares during the last quarter. 93.90% of the stock is owned by institutional investors.

About Huron Consulting Group

(Get Free Report)

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.

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