Brokerages Set Huron Consulting Group Inc. (NASDAQ:HURN) Price Target at $170.75

Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) has received an average rating of "Buy" from the five analysts that are presently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a buy recommendation. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $170.75.

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

Huron Consulting Group Trading Up 0.9%

Shares of HURN traded up $1.29 during trading hours on Tuesday, reaching $139.68. The stock had a trading volume of 87,922 shares, compared to its average volume of 155,455. The company has a quick ratio of 2.08, a current ratio of 2.08 and a debt-to-equity ratio of 1.14. Huron Consulting Group has a 52 week low of $96.45 and a 52 week high of $155.00. The firm has a 50-day moving average of $142.36 and a 200 day moving average of $137.00. The company has a market cap of $2.41 billion, a P/E ratio of 20.94 and a beta of 0.28.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its 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 during the quarter, compared to analysts' expectations 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 was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.23 EPS. On average, sell-side analysts expect that Huron Consulting Group will post 6.1 earnings per share for the current fiscal year.

Insider Activity at Huron Consulting Group

In related news, Director H Eugene Lockhart sold 1,040 shares of the firm's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $136.74, for a total value of $142,209.60. Following the completion of the sale, the director directly owned 8,162 shares in the company, valued at approximately $1,116,071.88. This trade represents a 11.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Joy Brown sold 668 shares of the firm's stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $149.74, for a total transaction of $100,026.32. Following the completion of the sale, the director owned 8,896 shares of the company's stock, valued at $1,332,087.04. This trade represents a 6.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,708 shares of company stock worth $377,421. Insiders own 2.15% of the company's stock.

Institutional Investors Weigh In On Huron Consulting Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. Summit Investment Advisors Inc. increased its stake in Huron Consulting Group by 5.5% in the fourth quarter. Summit Investment Advisors Inc. now owns 1,838 shares of the business services provider's stock valued at $228,000 after acquiring an additional 96 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Huron Consulting Group by 3.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,039 shares of the business services provider's stock valued at $502,000 after acquiring an additional 121 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in Huron Consulting Group by 27.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 569 shares of the business services provider's stock valued at $71,000 after acquiring an additional 122 shares during the last quarter. CWM LLC increased its stake in Huron Consulting Group by 55.9% in the first quarter. CWM LLC now owns 407 shares of the business services provider's stock valued at $58,000 after acquiring an additional 146 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its stake in Huron Consulting Group by 15.6% in the first quarter. Nisa Investment Advisors LLC now owns 1,094 shares of the business services provider's stock valued at $157,000 after acquiring an additional 148 shares during the last quarter. 93.90% of the stock is currently owned by institutional investors and hedge funds.

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.