Analysts Set Huron Consulting Group Inc. (NASDAQ:HURN) PT at $215.50

Shares of Huron Consulting Group Inc. (NASDAQ:HURN) have received a consensus rating of “Buy” from the six research firms that are covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a buy rating. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $215.50.

Several brokerages recently issued reports on HURN. Wedbush increased their price objective on Huron Consulting Group from $165.00 to $200.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a research note on Thursday, January 22nd. Truist Financial lifted their price objective on Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a report on Friday, November 14th. Finally, Benchmark upped their price objective on shares of Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, December 24th.

Huron Consulting Group Price Performance

Huron Consulting Group stock opened at $125.36 on Wednesday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.44 and a quick ratio of 1.44. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of 21.00 and a beta of 0.08. The firm has a 50-day moving average of $172.36 and a two-hundred day moving average of $156.66. 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 news, Director Ekta Singh-Bushell sold 1,000 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $178.55, for a total transaction of $178,550.00. Following the transaction, the director directly owned 14,341 shares in the company, valued at approximately $2,560,585.55. This trade represents a 6.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director James H. Roth sold 2,000 shares of the company’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $164.57, for a total value of $329,140.00. Following the sale, the director owned 35,304 shares of the company’s stock, valued at approximately $5,809,979.28. This represents a 5.36% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 11,458 shares of company stock worth $1,886,731. Insiders own 2.15% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

Hedge funds have recently made changes to their positions in the stock. Truist Financial Corp bought a new stake in shares of Huron Consulting Group in the 2nd quarter valued at about $959,000. Hussman Strategic Advisors Inc. bought a new position in shares of Huron Consulting Group during the 3rd quarter worth approximately $925,000. Thrivent Financial for Lutherans purchased a new stake in Huron Consulting Group during the third quarter valued at approximately $11,633,000. Ritholtz Wealth Management acquired a new stake in Huron Consulting Group in the second quarter valued at approximately $499,000. Finally, Sunriver Management LLC boosted its stake in Huron Consulting Group by 10.6% in the second quarter. Sunriver Management LLC now owns 378,211 shares of the business services provider’s stock valued at $52,019,000 after acquiring an additional 36,303 shares in the last quarter. 93.90% of the stock is currently owned by hedge funds and other 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.