Huron Consulting Group (NASDAQ:HURN) Stock Price Down 5.9%

Huron Consulting Group Inc. (NASDAQ:HURNGet Rating)’s stock price traded down 5.9% during mid-day trading on Friday . The stock traded as low as $71.50 and last traded at $71.50. 2,238 shares changed hands during trading, a decline of 98% from the average session volume of 129,508 shares. The stock had previously closed at $75.95.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Barrington Research boosted their target price on Huron Consulting Group from $80.00 to $89.00 and gave the company an “outperform” rating in a research report on Wednesday, November 2nd. StockNews.com assumed coverage on Huron Consulting Group in a research report on Wednesday, October 12th. They set a “buy” rating for the company.

Huron Consulting Group Stock Down 8.0 %

The company’s 50 day moving average price is $69.68 and its two-hundred day moving average price is $64.91. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.61. The stock has a market cap of $1.39 billion, a P/E ratio of 16.49 and a beta of 0.57.

Insider Activity

In other news, Director H Eugene Lockhart sold 3,000 shares of Huron Consulting Group stock in a transaction that occurred on Wednesday, August 17th. The shares were sold at an average price of $67.60, for a total transaction of $202,800.00. Following the completion of the sale, the director now owns 36,907 shares of the company’s stock, valued at $2,494,913.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 the stock. DekaBank Deutsche Girozentrale bought a new position in Huron Consulting Group in the third quarter worth approximately $32,000. US Bancorp DE raised its stake in Huron Consulting Group by 236.1% in the second quarter. US Bancorp DE now owns 1,126 shares of the business services provider’s stock worth $74,000 after buying an additional 791 shares in the last quarter. Barclays PLC raised its stake in Huron Consulting Group by 21.4% in the third quarter. Barclays PLC now owns 1,281 shares of the business services provider’s stock worth $85,000 after buying an additional 226 shares in the last quarter. Huntington National Bank raised its stake in Huron Consulting Group by 32.3% in the third quarter. Huntington National Bank now owns 1,469 shares of the business services provider’s stock worth $97,000 after buying an additional 359 shares in the last quarter. Finally, Lazard Asset Management LLC bought a new position in Huron Consulting Group in the first quarter worth approximately $68,000. Institutional investors own 93.74% of the company’s stock.

About Huron Consulting Group

(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.

Recommended Stories

Receive News & Ratings for Huron Consulting Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huron Consulting Group and related companies with MarketBeat.com's FREE daily email newsletter.