John Mccartney Sells 300 Shares of Huron Consulting Group Inc. (NASDAQ:HURN) Stock

Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) Director John Mccartney sold 300 shares of the firm's stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $96.38, for a total transaction of $28,914.00. Following the transaction, the director now directly owns 56,619 shares of the company's stock, valued at $5,456,939.22. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

John Mccartney also recently made the following trade(s):

• On Friday, March 1st, John Mccartney sold 300 shares of Huron Consulting Group stock. The stock was sold at an average price of $98.13, for a total transaction of $29,439.00.

Huron Consulting Group Stock Up 1.1 %

Shares of NASDAQ:HURN traded up $1.00 during midday trading on Wednesday, reaching $96.00. 131,999 shares of the company were exchanged, compared to its average volume of 117,541. Huron Consulting Group Inc. has a fifty-two week low of $70.66 and a fifty-two week high of $113.31. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.61. The stock has a fifty day simple moving average of $100.40 and a two-hundred day simple moving average of $102.04. The firm has a market cap of $1.77 billion, a PE ratio of 30.00 and a beta of 0.58.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last issued its quarterly earnings data on Tuesday, February 27th. The business services provider reported $1.29 EPS for the quarter, topping analysts' consensus estimates of $1.12 by $0.17. The business had revenue of $339.23 million for the quarter, compared to analyst estimates of $341.71 million. Huron Consulting Group had a net margin of 4.47% and a return on equity of 17.77%. The firm's quarterly revenue was up 8.1% on a year-over-year basis. During the same period last year, the business posted $1.12 earnings per share. As a group, sell-side analysts forecast that Huron Consulting Group Inc. will post 5.64 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on HURN shares. Barrington Research increased their target price on shares of Huron Consulting Group from $128.00 to $133.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 6th. StockNews.com downgraded shares of Huron Consulting Group from a "buy" rating to a "hold" rating in a research note on Wednesday, February 28th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of HURN. Dimensional Fund Advisors LP raised its position in shares of Huron Consulting Group by 57.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,621,725 shares of the business services provider's stock valued at $74,291,000 after purchasing an additional 589,297 shares during the period. Morgan Stanley increased its position in Huron Consulting Group by 351.7% during the 4th quarter. Morgan Stanley now owns 688,339 shares of the business services provider's stock worth $49,973,000 after buying an additional 535,936 shares during the period. Norges Bank bought a new position in Huron Consulting Group during the 4th quarter worth $13,300,000. Vanguard Group Inc. increased its position in Huron Consulting Group by 6.7% during the 3rd quarter. Vanguard Group Inc. now owns 2,053,491 shares of the business services provider's stock worth $213,892,000 after buying an additional 128,274 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in Huron Consulting Group by 832.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 132,575 shares of the business services provider's stock worth $851,000 after buying an additional 118,354 shares during the period. 93.90% of the stock is currently owned by institutional investors.

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.