H Eugene Lockhart Sells 1,040 Shares of Huron Consulting Group Inc. (NASDAQ:HURN) Stock

Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) Director H Eugene Lockhart sold 1,040 shares of Huron Consulting Group stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $136.74, for a total value of $142,209.60. Following the transaction, the director owned 8,162 shares of the company's stock, valued at $1,116,071.88. The trade was a 11.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Huron Consulting Group Stock Performance

HURN stock traded up $1.29 on Friday, hitting $139.68. The company had a trading volume of 87,922 shares, compared to its average volume of 155,574. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 1.14. Huron Consulting Group Inc. has a 12-month low of $96.45 and a 12-month high of $155.00. The stock has a market cap of $2.41 billion, a price-to-earnings ratio of 20.94 and a beta of 0.28. The stock's 50-day simple moving average is $142.36 and its 200 day simple moving average is $137.13.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The business services provider reported $1.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.16 by $0.52. The firm had revenue of $404.14 million for the quarter, compared to the consensus estimate of $389.27 million. Huron Consulting Group had a return on equity of 24.68% and a net margin of 7.88%. The company's revenue for the quarter was up 11.2% on a year-over-year basis. During the same period last year, the business posted $1.23 EPS. As a group, equities research analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on HURN shares. Wedbush raised their price objective on shares of Huron Consulting Group from $150.00 to $165.00 and gave the company an "outperform" rating in a research note on Wednesday, March 26th. Barrington Research raised their price target on shares of Huron Consulting Group from $167.00 to $173.00 and gave the company an "outperform" rating in a research report on Monday, May 5th. Benchmark reaffirmed a "buy" rating and issued a $165.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, March 26th. Wall Street Zen downgraded Huron Consulting Group from a "buy" rating to a "hold" rating in a research note on Friday, May 2nd. Finally, William Blair restated an "outperform" rating on shares of Huron Consulting Group in a research note on Wednesday, March 26th. One equities 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 price target of $170.75.

Institutional Investors Weigh In On Huron Consulting Group

Several hedge funds and other institutional investors have recently made changes to their positions in HURN. Quarry LP purchased a new stake in Huron Consulting Group during the first quarter valued at approximately $31,000. Heck Capital Advisors LLC bought a new stake in shares of Huron Consulting Group during the 4th quarter valued at $33,000. Opal Wealth Advisors LLC purchased a new stake in shares of Huron Consulting Group in the 1st quarter worth $35,000. CWM LLC increased its stake 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. Finally, Vestcor Inc bought a new position in Huron Consulting Group in the 1st quarter worth $60,000. Hedge funds and other institutional investors own 93.90% of the company's stock.

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.