Debra Zumwalt Sells 170 Shares of Huron Consulting Group Inc. (NASDAQ:HURN) Stock

Key Points

• Director Debra Zumwalt sold 170 shares of Huron Consulting Group at an average price of $135.38, reducing her ownership to 26,809 shares valued at $3,629,402.42.
• Huron Consulting Group's stock rose by 1.0%, hitting $134.56, with a market capitalization of $2.33 billion and a PE ratio of 23.48.
• Analysts have a consensus rating of "Moderate Buy" for Huron Consulting, with an average price target of $171.50, despite one firm downgrading it from "buy" to "hold."

Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) Director Debra Zumwalt sold 170 shares of the firm's stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $135.38, for a total value of $23,014.60. Following the sale, the director owned 26,809 shares in the company, valued at $3,629,402.42. The trade was a 0.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Huron Consulting Group Stock Up 1.0%

Shares of Huron Consulting Group stock traded up $1.39 during trading on Monday, hitting $134.56. The company's stock had a trading volume of 22,363 shares, compared to its average volume of 203,975. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.99 and a current ratio of 1.99. The company has a fifty day simple moving average of $133.80 and a two-hundred day simple moving average of $138.74. The company has a market capitalization of $2.33 billion, a PE ratio of 23.48 and a beta of 0.26. Huron Consulting Group Inc. has a 52 week low of $102.58 and a 52 week high of $155.00.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The business services provider reported $1.89 EPS for the quarter, topping analysts' consensus estimates of $1.79 by $0.10. Huron Consulting Group had a return on equity of 25.52% and a net margin of 6.60%. The firm had revenue of $402.50 million for the quarter, compared to analysts' expectations of $402.67 million. During the same period in the previous year, the firm posted $1.68 EPS. The business's revenue for the quarter was up 8.3% compared to the same quarter last year. Equities research analysts predict that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

Institutional Trading of Huron Consulting Group

A number of hedge funds have recently made changes to their positions in HURN. Quarry LP bought a new stake in shares of Huron Consulting Group in the 1st quarter worth approximately $31,000. Heck Capital Advisors LLC bought a new stake in shares of Huron Consulting Group in the 4th quarter worth approximately $33,000. Opal Wealth Advisors LLC bought a new stake in shares of Huron Consulting Group in the 1st quarter worth approximately $35,000. EverSource Wealth Advisors LLC boosted its position in shares of Huron Consulting Group by 1,018.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the business services provider's stock worth $51,000 after purchasing an additional 336 shares in the last quarter. Finally, CWM LLC boosted its position in shares of Huron Consulting Group by 55.9% in the 1st quarter. CWM LLC now owns 407 shares of the business services provider's stock worth $58,000 after purchasing an additional 146 shares in the last quarter. 93.90% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on HURN shares. Wall Street Zen cut shares of Huron Consulting Group from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Barrington Research boosted their price target on Huron Consulting Group from $173.00 to $176.00 and gave the company an "outperform" rating in a report on Thursday, August 7th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $171.50.

Huron Consulting Group Company Profile

Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Education, and Commercial. The Healthcare segment provides financial and operational performance improvement consulting services; digital offerings, spanning technology and analytic-related services; software products; organizational transformation services; revenue cycle managed and outsourcing services; financial and capital advisory consulting services; and strategy and innovation consulting services to national and regional health systems, academic and community health systems, federal health system, public, children's and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.

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