Huron Consulting Group Inc. (NASDAQ:HURN) Given Average Rating of “Buy” by Analysts

Huron Consulting Group Inc. (NASDAQ:HURN) has been given an average recommendation of “Buy” by the six research firms that are currently covering the firm, Marketbeat reports. Six analysts have rated the stock with a buy rating. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $215.50.

A number of research analysts recently commented on the company. Benchmark raised their price target on Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Wednesday, December 24th. Wall Street Zen upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Truist Financial boosted their target price on shares of Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, November 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Huron Consulting Group in a report on Thursday, January 22nd. Finally, Barrington Research lifted their price objective on shares of Huron Consulting Group from $190.00 to $207.00 and gave the company an “outperform” rating in a research note on Monday, January 5th.

Huron Consulting Group Stock Down 5.3%

NASDAQ HURN opened at $145.86 on Wednesday. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 1.18. The company has a market cap of $2.51 billion, a price-to-earnings ratio of 24.43 and a beta of 0.08. The company has a 50 day moving average of $174.87 and a 200-day moving average of $157.12. Huron Consulting Group has a 1-year low of $120.25 and a 1-year high of $186.77.

Insider Transactions at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $168.77, for a total value of $84,385.00. Following the transaction, the director owned 41,817 shares in the company, valued at $7,057,455.09. The trade was a 1.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Ekta Singh-Bushell sold 1,000 shares of the stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $178.55, for a total transaction of $178,550.00. Following the completion of the transaction, the director directly owned 14,341 shares of the company’s stock, valued at $2,560,585.55. This trade represents a 6.52% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 11,458 shares of company stock worth $1,886,731. 2.15% of the stock is owned by insiders.

Institutional Investors Weigh In On Huron Consulting Group

Several hedge funds and other institutional investors have recently made changes to their positions in HURN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Huron Consulting Group by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,464 shares of the business services provider’s stock valued at $1,501,000 after purchasing an additional 469 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Huron Consulting Group by 53.0% during the first quarter. Goldman Sachs Group Inc. now owns 198,938 shares of the business services provider’s stock worth $28,538,000 after buying an additional 68,891 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Huron Consulting Group in the 1st quarter valued at $6,313,000. Intech Investment Management LLC boosted its holdings in shares of Huron Consulting Group by 28.1% during the 1st quarter. Intech Investment Management LLC now owns 11,064 shares of the business services provider’s stock valued at $1,587,000 after acquiring an additional 2,425 shares in the last quarter. Finally, Acadian Asset Management LLC grew its position in Huron Consulting Group by 174.4% during the 1st quarter. Acadian Asset Management LLC now owns 3,361 shares of the business services provider’s stock worth $481,000 after acquiring an additional 2,136 shares during the last quarter. 93.90% of the stock is owned by institutional investors.

About Huron Consulting Group

Huron Consulting Group (NASDAQ:HURN) is a global professional services firm that advises organizations across a range of industries on strategy, operations and technology. Founded in 2002 and headquartered in Chicago, the company helps clients address complex business challenges such as performance improvement, digital transformation and organizational change. Huron’s consultants work alongside executive leadership teams to develop and implement tailored solutions that drive growth, increase efficiency and manage risk.

Huron’s service offerings encompass business and financial advisory, healthcare performance improvement, life sciences consulting, higher education and research lifecycle support, as well as legal and regulatory consulting.