Huron Consulting Group (NASDAQ:HURN) Rating Increased to Buy at StockNews.com

Huron Consulting Group (NASDAQ:HURN) was upgraded by equities research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Friday.

Several other equities research analysts have also recently issued reports on the company. Truist Financial lifted their target price on Huron Consulting Group from $100.00 to $130.00 and gave the stock a “buy” rating in a report on Monday, September 18th. Benchmark upped their target price on Huron Consulting Group from $100.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, July 28th. Finally, Barrington Research increased their price objective on Huron Consulting Group from $120.00 to $128.00 and gave the company an “outperform” rating in a report on Wednesday, November 8th.

Huron Consulting Group Price Performance

NASDAQ:HURN opened at $106.33 on Friday. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.65. The business’s 50-day simple moving average is $102.51 and its two-hundred day simple moving average is $92.89. The stock has a market cap of $1.99 billion, a PE ratio of 27.26 and a beta of 0.59. Huron Consulting Group has a 52 week low of $66.51 and a 52 week high of $113.31.

Insider Transactions at Huron Consulting Group

In other Huron Consulting Group news, Director James H. Roth sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $98.37, for a total value of $196,740.00. Following the sale, the director now owns 76,331 shares of the company’s stock, valued at $7,508,680.47. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Huron Consulting Group news, Director James H. Roth sold 2,000 shares of the business’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $98.37, for a total value of $196,740.00. Following the completion of the transaction, the director now owns 76,331 shares in the company, valued at $7,508,680.47. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John Mccartney sold 300 shares of the business’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $101.80, for a total transaction of $30,540.00. Following the transaction, the director now owns 58,119 shares of the company’s stock, valued at approximately $5,916,514.20. The disclosure for this sale can be found here. Insiders have sold a total of 6,300 shares of company stock worth $634,220 in the last ninety days. Insiders own 2.02% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

A number of institutional investors and hedge funds have recently made changes to their positions in HURN. Morgan Stanley raised its holdings in Huron Consulting Group by 9.5% during the third quarter. Morgan Stanley now owns 724,890 shares of the business services provider’s stock worth $75,505,000 after purchasing an additional 62,810 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in Huron Consulting Group by 27.3% during the third quarter. The Manufacturers Life Insurance Company now owns 9,843 shares of the business services provider’s stock worth $1,025,000 after acquiring an additional 2,112 shares during the last quarter. Alberta Investment Management Corp boosted its position in Huron Consulting Group by 35.0% during the third quarter. Alberta Investment Management Corp now owns 29,093 shares of the business services provider’s stock worth $3,030,000 after acquiring an additional 7,545 shares during the last quarter. AQR Capital Management LLC raised its stake in Huron Consulting Group by 1.7% during the third quarter. AQR Capital Management LLC now owns 20,711 shares of the business services provider’s stock worth $2,157,000 after purchasing an additional 340 shares during the period. Finally, Quadrature Capital Ltd purchased a new position in Huron Consulting Group during the third quarter worth approximately $1,017,000. 92.43% of the stock is owned by hedge funds and other institutional investors.

Huron Consulting Group Company Profile

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 advisory services in the areas of financial and operational improvement, care transformation, and revenue cycle managed services; organizational transformation; financial advisory; software products; and digital solutions, spanning technology and analytic-related services to national and regional health systems, academic and community health systems, public, children's and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.