Huron Consulting Group (NASDAQ: HURN – Get Rating) had its price target boosted by Barrington Research from $ 72.00 to $ 75.00 in a research report report published on Friday, The Fly reports.
HURN has been the topic of a number of other reports. Zacks Investment Research raised Huron Consulting Group from a hold rating to a buy rating and set a $ 53.00 price target on the stock in a research note on Monday, February 28th. StockNews.com initiated coverage on Huron Consulting Group in a research note on Thursday, March 31st. They set a buy rating on the stock. Finally, TheStreet raised Huron Consulting Group from a c + rating to a b- rating in a research note on Thursday, April 21st.
Huron Consulting Group stock traded down $ 0.97 during trading hours on Friday, reaching $ 52.85. The company had a trading volume of 235,011 shares, compared to its average volume of 111,342. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.14 and a quick ratio of 1.26. The company has a 50-day moving average price of 49.19 and a 200 day moving average price of 48.59. The firm has a market cap of $ 1.12 billion, a price-to-earnings ratio of 13.38 and a beta of 0.70. Huron Consulting Group has a 12-month low of $ 42.66 and a 12-month high of $ 57.15.
Huron Consulting Group (NASDAQ: HURN – Get Rating) last announced its quarterly earnings results on Tuesday, May 3rd. The business services provider reported $ 0.49 EPS for the quarter, topping analysts’ consensus estimates of $ 0.29 by $ 0.20. The business had revenue of $ 260.00 million for the quarter, compared to analysts’ expectations of 234.67 million. Huron Consulting Group had a return on equity of 10.67% and a net margin of 8.56%. The business’s quarterly revenue was up 28.0% on a year-over-year basis. During the same period in the previous year, the firm earned 0.35 EPS. As a group, research analysts expect that Huron Consulting Group will post 3.2 earnings per share for the current year.
In related news, COO C. Mark Hussey sold 6,144 shares of the company’s stock in a transaction on Tuesday, March 1st. The stock was sold at an average price of $ 48.58, for a total value of $ 298,475.52. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO James H. Roth sold 16,000 shares of the company’s stock in a transaction on Monday, March 7th. The stock was sold at an average price of $ 46.22, for a total value of $ 739,520.00. The disclosure for this sale can be found here. Insiders have sold 27,105 shares of company stock worth $ 1,255,126 over the last three months. Insiders own 2.02% of the company’s stock.
A number of hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP boosted its holdings in Huron Consulting Group by 0.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,032,428 shares of the business services provider’s stock worth $ 51,518,000 after acquiring an additional 4,216 shares in the last quarter. Royal Bank of Canada boosted its holdings in Huron Consulting Group by 14.9% in the third quarter. Royal Bank of Canada now owns 592,797 shares of the business services provider’s stock worth $ 30,826,000 after acquiring an additional 76,693 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Huron Consulting Group by 18.4% in the third quarter. Bank of New York Mellon Corp now owns 486,275 shares of the business services provider’s stock worth $ 25,285,000 after acquiring an additional 75,530 shares in the last quarter. State Street Corp boosted its holdings in Huron Consulting Group by 0.8% in the fourth quarter. State Street Corp now owns 451,609 shares of the business services provider’s stock worth $ 22,535,000 after acquiring an additional 3,367 shares in the last quarter. Finally, Jennison Associates LLC boosted its holdings in Huron Consulting Group by 2.2% in the fourth quarter. Jennison Associates LLC now owns 428,227 shares of the business services provider’s stock worth $ 21,369,000 after acquiring an additional 9,099 shares in the last quarter. 92.94% of the stock is currently owned by institutional investors.
Huron Consulting Group Company Profile (Get Rating)
Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Business Advisory, and Education. The Healthcare segment provides advisory services in the areas of financial and operational improvement, care transformation, and revenue cycle managed services; organizational transformation; and digital, technology and analytic solutions to national and regional hospitals, integrated health systems, academic medical centers, community hospitals, medical groups, and health plans.
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