Huron Consulting Group Inc. (NASDAQ:HURN – Get Rating) was the recipient of a large decrease in short interest during the month of December. As of December 30th, there was short interest totalling 239,200 shares, a decrease of 5.6% from the December 15th total of 253,400 shares. Based on an average daily volume of 107,700 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.2% of the shares of the stock are short sold.
Analyst Ratings Changes
A number of research analysts recently issued reports on HURN shares. Barrington Research lifted their price target on shares of Huron Consulting Group from $80.00 to $89.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 2nd. StockNews.com initiated coverage on shares of Huron Consulting Group in a research report on Wednesday, October 12th. They issued a “buy” rating on the stock.
Huron Consulting Group Stock Performance
NASDAQ:HURN opened at $68.77 on Monday. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.61. The firm’s fifty day simple moving average is $73.48 and its 200 day simple moving average is $70.11. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 16.22 and a beta of 0.59. Huron Consulting Group has a twelve month low of $42.66 and a twelve month high of $80.72.
Insider Activity at Huron Consulting Group
In related news, Director Hugh E. Sawyer III sold 2,500 shares of the firm’s stock in a transaction dated Friday, November 18th. The shares were sold at an average price of $76.00, for a total transaction of $190,000.00. Following the completion of the sale, the director now directly owns 25,736 shares in the company, valued at $1,955,936. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In the last ninety days, insiders sold 5,282 shares of company stock valued at $400,576. 2.02% of the stock is owned by insiders.
Institutional Trading of Huron Consulting Group
A number of hedge funds have recently made changes to their positions in the stock. DekaBank Deutsche Girozentrale acquired a new stake in shares of Huron Consulting Group in the third quarter worth $32,000. US Bancorp DE lifted its holdings in shares of Huron Consulting Group by 236.1% during the second quarter. US Bancorp DE now owns 1,126 shares of the business services provider’s stock valued at $74,000 after acquiring an additional 791 shares during the period. Barclays PLC lifted its holdings in shares of Huron Consulting Group by 21.4% during the third quarter. Barclays PLC now owns 1,281 shares of the business services provider’s stock valued at $85,000 after acquiring an additional 226 shares during the period. Huntington National Bank lifted its holdings in shares of Huron Consulting Group by 32.3% during the third quarter. Huntington National Bank now owns 1,469 shares of the business services provider’s stock valued at $97,000 after acquiring an additional 359 shares during the period. Finally, Lazard Asset Management LLC bought a new stake in shares of Huron Consulting Group during the first quarter valued at approximately $68,000. 93.71% of the stock is owned by hedge funds and other institutional investors.
About Huron Consulting Group
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.
- Get a free copy of the StockNews.com research report on Huron Consulting Group (HURN)
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