Huron Consulting Group (NASDAQ:HURN) Earns Outperform Rating from Barrington Research

Huron Consulting Group (NASDAQ:HURN)‘s stock had its “outperform” rating reaffirmed by Barrington Research in a report released on Monday, Benzinga reports. They presently have a $133.00 target price on the business services provider’s stock. Barrington Research’s price target suggests a potential upside of 51.72% from the stock’s current price.

HURN has been the subject of several other research reports. Benchmark reiterated a “buy” rating and issued a $140.00 target price on shares of Huron Consulting Group in a report on Wednesday, May 1st. StockNews.com downgraded shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Wednesday, February 28th.

Huron Consulting Group Stock Up 0.8 %

Shares of NASDAQ HURN opened at $87.66 on Monday. The company has a 50 day simple moving average of $94.27 and a 200-day simple moving average of $100.06. The company has a market capitalization of $1.58 billion, a P/E ratio of 25.26 and a beta of 0.59. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.40 and a quick ratio of 2.40. Huron Consulting Group has a 1 year low of $73.21 and a 1 year high of $113.31.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, April 30th. The business services provider reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.35. The business had revenue of $355.96 million during the quarter, compared to the consensus estimate of $348.80 million. Huron Consulting Group had a net margin of 4.67% and a return on equity of 19.21%. The business’s revenue was up 12.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.87 EPS. On average, equities research analysts predict that Huron Consulting Group will post 5.75 earnings per share for the current year.

Insider Activity at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 300 shares of the firm’s stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $90.06, for a total value of $27,018.00. Following the completion of the transaction, the director now owns 56,319 shares of the company’s stock, valued at approximately $5,072,089.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Huron Consulting Group news, Director John Mccartney sold 300 shares of the firm’s stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $90.06, for a total value of $27,018.00. Following the completion of the transaction, the director now owns 56,319 shares of the company’s stock, valued at approximately $5,072,089.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO C. Mark Hussey sold 1,765 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $100.12, for a total transaction of $176,711.80. Following the completion of the transaction, the chief executive officer now directly owns 121,728 shares of the company’s stock, valued at approximately $12,187,407.36. The disclosure for this sale can be found here. In the last quarter, insiders sold 40,380 shares of company stock worth $3,966,654. Insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

Several institutional investors have recently modified their holdings of HURN. SG Americas Securities LLC purchased a new stake in shares of Huron Consulting Group during the 3rd quarter worth $481,000. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Huron Consulting Group during the 3rd quarter worth $228,000. Robeco Institutional Asset Management B.V. lifted its position in shares of Huron Consulting Group by 3.7% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 44,577 shares of the business services provider’s stock worth $4,643,000 after purchasing an additional 1,593 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Huron Consulting Group by 19.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,675 shares of the business services provider’s stock worth $487,000 after purchasing an additional 756 shares during the last quarter. Finally, Inspire Investing LLC purchased a new stake in shares of Huron Consulting Group during the 3rd quarter worth $308,000. 93.90% 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 financial and operational performance improvement consulting services; digital offerings, spanning technology and analytic-related services; software products; organizational transformation services; revenue cycle managed and outsourcing services; financial and capital advisory consulting services; and strategy and innovation consulting services to national and regional health systems, academic and community health systems, federal health system, public, children's and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.