HURN has been the topic of a number of other reports. Barrington Research downgraded Huron Consulting Group from an outperform rating to a market perform rating in a research report on Tuesday, February 21st. Zacks Investment Research upgraded Huron Consulting Group from a strong sell rating to a hold rating in a research report on Monday, February 27th. Finally, William Blair downgraded Huron Consulting Group from an outperform rating to a market perform rating in a research report on Tuesday, January 3rd. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Huron Consulting Group currently has a consensus rating of Hold and an average price target of $68.33.
Huron Consulting Group (NASDAQ:HURN) traded up 1.08% during trading on Friday, hitting $42.00. The stock had a trading volume of 51,297 shares. The stock’s 50-day moving average is $43.23 and its 200 day moving average is $50.63. The firm has a market cap of $875.45 million, a price-to-earnings ratio of 23.96 and a beta of 0.35. Huron Consulting Group has a one year low of $39.15 and a one year high of $65.00.
Huron Consulting Group (NASDAQ:HURN) last posted its earnings results on Thursday, February 23rd. The company reported $0.58 EPS for the quarter, missing the Zacks’ consensus estimate of $0.67 by $0.09. The firm had revenue of $178.12 million for the quarter, compared to analysts’ expectations of $185.64 million. Huron Consulting Group had a return on equity of 12.26% and a net margin of 6.56%. The firm’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.94 earnings per share. Equities analysts anticipate that Huron Consulting Group will post $2.57 earnings per share for the current year.
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In other news, COO C. Mark Hussey sold 2,500 shares of the business’s stock in a transaction on Wednesday, March 22nd. The stock was sold at an average price of $39.60, for a total value of $99,000.00. Following the completion of the transaction, the chief operating officer now directly owns 42,908 shares of the company’s stock, valued at $1,699,156.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.60% of the company’s stock.
Several institutional investors have recently added to or reduced their stakes in the company. Norges Bank bought a new position in Huron Consulting Group during the fourth quarter worth $18,029,000. American Capital Management Inc. bought a new position in Huron Consulting Group during the third quarter worth $9,303,000. TimesSquare Capital Management LLC boosted its position in Huron Consulting Group by 5.7% in the third quarter. TimesSquare Capital Management LLC now owns 1,333,847 shares of the company’s stock worth $79,711,000 after buying an additional 71,700 shares during the period. Dimensional Fund Advisors LP boosted its position in Huron Consulting Group by 5.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,169,958 shares of the company’s stock worth $59,258,000 after buying an additional 56,164 shares during the period. Finally, BlackRock Advisors LLC boosted its position in Huron Consulting Group by 485.7% in the third quarter. BlackRock Advisors LLC now owns 61,752 shares of the company’s stock worth $3,690,000 after buying an additional 51,209 shares during the period. 96.25% of the stock is owned by institutional investors.
About Huron Consulting Group
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.
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