Huron Consulting Group (HURN) Lowered to “Buy” at BidaskClub
BidaskClub downgraded shares of Huron Consulting Group (NASDAQ:HURN) from a strong-buy rating to a buy rating in a research report released on Thursday morning.
Other equities research analysts have also recently issued reports about the company. Benchmark upgraded Huron Consulting Group from a hold rating to a buy rating and set a $52.00 target price on the stock in a research report on Wednesday, August 1st. Zacks Investment Research upgraded Huron Consulting Group from a sell rating to a hold rating in a research report on Wednesday, July 4th. ValuEngine upgraded Huron Consulting Group from a sell rating to a hold rating in a research report on Thursday, May 24th. Barrington Research upgraded Huron Consulting Group from a market perform rating to an outperform rating and set a $55.00 target price on the stock in a research report on Tuesday, August 28th. Finally, SunTrust Banks restated a buy rating and set a $52.00 target price on shares of Huron Consulting Group in a research report on Wednesday, August 1st. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average target price of $53.00.
Shares of NASDAQ HURN traded up $0.23 during trading on Thursday, reaching $48.08. 8,172 shares of the company traded hands, compared to its average volume of 69,329. The firm has a market capitalization of $1.07 billion, a P/E ratio of 22.36, a PEG ratio of 1.70 and a beta of 0.12. Huron Consulting Group has a 12-month low of $32.05 and a 12-month high of $50.40. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.54 and a current ratio of 1.54.
In related news, CEO James H. Roth sold 17,500 shares of Huron Consulting Group stock in a transaction dated Wednesday, September 5th. The stock was sold at an average price of $48.97, for a total value of $856,975.00. Following the sale, the chief executive officer now directly owns 215,397 shares in the company, valued at approximately $10,547,991.09. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 2.70% of the company’s stock.
A number of hedge funds have recently bought and sold shares of HURN. SG Americas Securities LLC acquired a new stake in Huron Consulting Group in the 1st quarter worth about $133,000. Advisors Asset Management Inc. lifted its stake in Huron Consulting Group by 83.8% in the 2nd quarter. Advisors Asset Management Inc. now owns 10,795 shares of the business services provider’s stock worth $187,000 after purchasing an additional 4,923 shares in the last quarter. Asset Management One Co. Ltd. lifted its stake in Huron Consulting Group by 42.4% in the 1st quarter. Asset Management One Co. Ltd. now owns 5,040 shares of the business services provider’s stock worth $192,000 after purchasing an additional 1,500 shares in the last quarter. Aperio Group LLC purchased a new position in Huron Consulting Group in the 1st quarter worth approximately $236,000. Finally, Sterling Capital Management LLC purchased a new position in Huron Consulting Group in the 2nd quarter worth approximately $343,000. Institutional investors own 89.11% of the company’s stock.
Huron Consulting Group Company Profile
Huron Consulting Group Inc, a professional services firm, provides advisory, technology, and analytic solutions in the United States and internationally. Its Healthcare segment provides advisory services in the areas of strategy, care transformation, financial and operational performance, technology and analytics, and leadership development to national and regional hospitals, integrated health systems, academic medical centers, community hospitals, and medical groups.
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