Huron Consulting Group Inc. (NASDAQ: HURN – Get Rating) passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of 50.37 and traded as high as 59.70. Huron Consulting Group shares last traded at $ 58.77, with a volume of 7,031 shares trading hands.
A number of equities research analysts recently commented on the company. Barrington Research increased their price target on Huron Consulting Group from $ 72.00 to $ 75.00 in a research report on Friday, May 6th. StockNews.com upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Tuesday, May 17th. Finally, TheStreet upgraded Huron Consulting Group from a “c +” rating to a “b-” rating in a research note on Thursday, April 21st.
The stock has a market cap of $ 1.25 billion, a P / E ratio of 14.88 and a beta of 0.69. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.14 and a current ratio of 2.14. The business has a 50 day simple moving average of $ 56.73 and a 200-day simple moving average of 50.37.
Huron Consulting Group (NASDAQ: HURN – Get Rating) last posted its quarterly earnings results on Tuesday, May 3rd. The business services provider reported $ 0.49 earnings per share for the quarter, topping the consensus estimate of 0.30 by $ 0.19. The company had revenue of $ 260.00 million during the quarter, compared to the consensus estimate of $ 234.67 million. Huron Consulting Group had a return on equity of 10.67% and a net margin of 8.56%. The firm’s quarterly revenue was up 28.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned 0.35 EPS. On average, sell-side analysts predict that Huron Consulting Group Inc. will post 3.2 earnings per share for the current fiscal year.
In other Huron Consulting Group news, CEO James H. Roth sold 16,000 shares of the firm’s stock in a transaction dated Monday, June 6th. The stock was sold at an average price of $ 60.38, for a total value of $ 966,080.00. Following the sale, the chief executive officer now owns 107,230 shares of the company’s stock, valued at approximately, 6,474,547.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 2.02% of the company’s stock.
A number of institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its position in shares of Huron Consulting Group by 57.1% during the first quarter. Dimensional Fund Advisors LP now owns 1,621,725 shares of the business services provider’s stock valued at $ 74,291,000 after purchasing an additional 589,297 shares in the last quarter. Leeward Investments LLC MA purchased a new position in Huron Consulting Group during the first quarter valued at $ 13,844,000. Norges Bank purchased a new position in Huron Consulting Group during the fourth quarter valued at $ 11,063,000. Assenagon Asset Management SA raised its stake in Huron Consulting Group by 205.5% during the first quarter. Assenagon Asset Management SA now owns 276,426 shares of the business services provider’s stock valued at $ 12,663,000 after buying an additional 185,944 shares during the last quarter. Finally, Millennium Management LLC raised its stake in Huron Consulting Group by 2,466.2% during the fourth quarter. Millennium Management LLC now owns 161,259 shares of the business services provider’s stock valued at $ 8,047,000 after buying an additional 154,975 shares during the last quarter. 92.94% of the stock is currently owned by institutional investors and hedge funds.
Huron Consulting Group Company Profile (NASDAQ: HURN)
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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