Huron Consulting Group Inc. (HURN) Trading Up 1.3%
Huron Consulting Group Inc. (NASDAQ:HURN) shares were up 1.3% on Wednesday . The stock traded as high as $62.51 and last traded at $62.22, with a volume of 67,680 shares. The stock had previously closed at $61.44.
Several research analysts have weighed in on HURN shares. Zacks Investment Research lowered shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Tuesday, July 12th. Barrington Research upped their target price on shares of Huron Consulting Group from $67.00 to $69.00 and gave the stock an “outperform” rating in a research report on Monday, August 1st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $70.00.
The company’s 50 day moving average is $61.91 and its 200-day moving average is $58.16. The firm has a market cap of $1.30 billion and a price-to-earnings ratio of 22.74.
Huron Consulting Group (NASDAQ:HURN) last released its earnings results on Tuesday, July 26th. The company reported $1.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.29. The company had revenue of $184.26 million for the quarter, compared to analyst estimates of $186.50 million. Huron Consulting Group’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.14 earnings per share. Equities research analysts predict that Huron Consulting Group Inc. will post $3.42 EPS for the current fiscal year.
In other Huron Consulting Group news, CEO James H. Roth sold 7,500 shares of the business’s stock in a transaction 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 of the company’s stock, valued at approximately $10,569,590.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director John S. Moody sold 441 shares of the business’s stock in a transaction on Friday, July 1st. The shares were 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 directly owns 20,564 shares in the company, valued at approximately $1,250,908.12. The disclosure for this sale can be found here.
A hedge fund recently raised its stake in Huron Consulting Group stock. Comerica Bank raised its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 30.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,514 shares of the company’s stock after buying an additional 5,425 shares during the period. Comerica Bank owned about 0.11% of Huron Consulting Group worth $1,303,000 at the end of the most recent 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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