Huron Consulting Group Inc. (HURN) Stock Price Up 0.7%
Huron Consulting Group Inc. (NASDAQ:HURN) shares rose 0.7% during trading on Tuesday . The stock traded as high as $63.74 and last traded at $63.19, with a volume of 152,589 shares trading hands. The stock had previously closed at $62.74.
HURN has been the subject of several recent research reports. Zacks Investment Research raised Huron Consulting Group from a “sell” rating to a “hold” rating in a research note on Wednesday, April 27th. Barrington Research increased their price objective on Huron Consulting Group from $65.00 to $77.00 and gave the company an “outperform” rating in a research note on Monday, March 28th. Finally, Deutsche Bank AG increased their price objective on Huron Consulting Group from $63.00 to $70.00 and gave the company a “buy” rating in a research note on Monday, March 28th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $70.00.
The company has a market capitalization of $1.33 billion and a price-to-earnings ratio of 22.16. The stock has a 50 day moving average price of $60.61 and a 200 day moving average price of $57.21.
Huron Consulting Group (NASDAQ:HURN) last released its earnings results on Thursday, April 28th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.58 by $0.04. During the same period in the previous year, the firm posted $0.23 EPS. The company earned $180.50 million during the quarter, compared to analyst estimates of $174.41 million. The company’s revenue for the quarter was up 16.9% on a year-over-year basis. On average, analysts anticipate that Huron Consulting Group Inc. will post $3.34 earnings per share for the current fiscal year.
In related news, Director John S. Moody sold 441 shares of Huron Consulting Group stock in a transaction that occurred on Friday, July 1st. The stock was sold at an average price of $60.83, for a total value of $26,826.03. Following the sale, the director now directly owns 20,564 shares in the company, valued at $1,250,908.12. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Several hedge funds have bought and sold shares of the stock. Nationwide Fund Advisors increased its stake in Huron Consulting Group by 0.9% in the fourth quarter. Nationwide Fund Advisors now owns 18,327 shares of the company’s stock worth $1,089,000 after buying an additional 172 shares during the period. California State Teachers Retirement System increased its stake in Huron Consulting Group by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 42,953 shares of the company’s stock worth $2,551,000 after buying an additional 752 shares during the period. Rhumbline Advisers increased its stake in Huron Consulting Group by 3.3% in the fourth quarter. Rhumbline Advisers now owns 37,420 shares of the company’s stock worth $2,223,000 after buying an additional 1,190 shares during the period. American Capital Management Inc. increased its stake in Huron Consulting Group by 0.9% in the fourth quarter. American Capital Management Inc. now owns 161,681 shares of the company’s stock worth $9,604,000 after buying an additional 1,433 shares during the period. Finally, Comerica Bank increased its stake in Huron Consulting Group by 30.0% in the fourth quarter. Comerica Bank now owns 23,514 shares of the company’s stock worth $1,303,000 after buying an additional 5,425 shares during the period.
Huron Consulting Group Inc is a professional services firm focused on assisting clients with their business issues by delivering solutions to support their strategic objectives. The Company’s segments are Huron Healthcare, which provides advisory, consulting and technology solutions to national and regional hospitals and integrated health systems, academic medical centers, community hospitals and physician practices; Huron Education and Life Sciences, which provides management consulting services and software solutions to the higher education, academic medical center, pharmaceutical and medical device, and research industries; Huron Business Advisory, which provides services to the C-suite of middle market and organizations, institutions, law firms, investment banks and private equity firms, and All Other, which consists of any line of business not managed by its other operating segments.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.