Huron Consulting Group Inc. (HURN) Shares Up 1.3%
Shares of Huron Consulting Group Inc. (NASDAQ:HURN) shot up 1.3% during trading on Wednesday . The stock traded as high as $62.51 and last traded at $62.22, with a volume of 67,680 shares trading hands. The stock had previously closed at $61.44.
Several research firms have recently commented on HURN. Zacks Investment Research downgraded shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Tuesday, July 12th. Barrington Research upped their price objective on shares of Huron Consulting Group from $67.00 to $69.00 and gave the company an “outperform” rating in a report on Monday, August 1st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $70.00.
The stock has a market cap of $1.30 billion and a PE ratio of 22.79. The stock has a 50 day moving average price of $61.71 and a 200 day moving average price of $58.11.
Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, July 26th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.80 by $0.29. The company earned $184.26 million during the quarter, compared to analysts’ expectations of $186.50 million. During the same quarter in the prior year, the business posted $1.14 EPS. The company’s revenue for the quarter was up .1% compared to the same quarter last year. On average, analysts anticipate that Huron Consulting Group Inc. will post $3.42 EPS for the current fiscal year.
In related news, CEO James H. Roth sold 7,500 shares of the firm’s stock in a transaction that occurred on Monday, August 15th. The shares were sold at an average price of $60.89, for a total value of $456,675.00. Following the sale, the chief executive officer now owns 173,585 shares in the company, valued at $10,569,590.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John S. Moody sold 441 shares of the firm’s stock in a transaction that occurred on Friday, July 1st. The stock was sold at an average price of $60.83, for a total transaction of $26,826.03. Following the completion of the sale, the director now owns 20,564 shares in the company, valued at approximately $1,250,908.12. The disclosure for this sale can be found here.
A number of large investors recently modified their holdings of HURN. Dimensional Fund Advisors LP boosted its stake in shares of Huron Consulting Group by 7.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 967,482 shares of the company’s stock valued at $57,468,000 after buying an additional 65,395 shares in the last quarter. Comerica Bank boosted its stake in shares of Huron Consulting Group by 30.0% in the fourth quarter. Comerica Bank now owns 23,514 shares of the company’s stock valued at $1,303,000 after buying an additional 5,425 shares in the last quarter. Finally, Nationwide Fund Advisors boosted its stake in shares of Huron Consulting Group by 0.9% in the fourth quarter. Nationwide Fund Advisors now owns 18,327 shares of the company’s stock valued at $1,089,000 after buying an additional 172 shares in the last quarter.
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.
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