Huron Consulting Group's (HURN) Buy Rating Reiterated at Benchmark

Huron Consulting Group (NASDAQ:HURN - Get Free Report)'s stock had its "buy" rating reissued by investment analysts at Benchmark in a research report issued on Wednesday, Benzinga reports. They currently have a $140.00 target price on the business services provider's stock. Benchmark's price target suggests a potential upside of 60.79% from the stock's current price.

HURN has been the topic of a number of other reports. StockNews.com cut Huron Consulting Group from a "buy" rating to a "hold" rating in a report on Wednesday, February 28th. Barrington Research raised their target price on Huron Consulting Group from $128.00 to $133.00 and gave the stock an "outperform" rating in a report on Wednesday, March 6th.

Huron Consulting Group Stock Performance

Shares of HURN stock traded down $6.17 on Wednesday, reaching $87.07. The stock had a trading volume of 274,649 shares, compared to its average volume of 120,676. The stock has a market cap of $1.61 billion, a P/E ratio of 27.21 and a beta of 0.58. Huron Consulting Group has a 1 year low of $70.66 and a 1 year high of $113.31. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.32 and a current ratio of 1.32. The company has a 50 day simple moving average of $95.87 and a 200 day simple moving average of $100.49.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its quarterly earnings results on Tuesday, April 30th. The business services provider reported $1.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.35. Huron Consulting Group had a return on equity of 17.77% and a net margin of 4.47%. The firm had revenue of $355.96 million for the quarter, compared to the consensus estimate of $348.80 million. During the same period last year, the business posted $0.87 EPS. The company's revenue for the quarter was up 12.0% on a year-over-year basis. Equities research analysts expect that Huron Consulting Group will post 5.64 EPS for the current year.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 300 shares of the firm's stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $98.13, for a total transaction of $29,439.00. Following the sale, the director now directly owns 56,919 shares of the company's stock, valued at $5,585,461.47. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, Director John Mccartney sold 300 shares of the firm's stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $98.13, for a total transaction of $29,439.00. Following the completion of the transaction, the director now owns 56,919 shares in the company, valued at $5,585,461.47. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO C. Mark Hussey sold 4,000 shares of the firm's stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $104.48, for a total value of $417,920.00. Following the transaction, the chief executive officer now owns 98,286 shares of the company's stock, valued at approximately $10,268,921.28. The disclosure for this sale can be found here. Insiders have sold a total of 42,080 shares of company stock valued at $4,146,076 over the last ninety days. 2.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Principal Securities Inc. purchased a new position in Huron Consulting Group in the fourth quarter worth about $25,000. International Assets Investment Management LLC purchased a new position in Huron Consulting Group in the fourth quarter worth about $42,000. Quest Partners LLC purchased a new position in Huron Consulting Group in the fourth quarter worth about $97,000. Headlands Technologies LLC grew its position in Huron Consulting Group by 2,020.0% in the fourth quarter. Headlands Technologies LLC now owns 954 shares of the business services provider's stock worth $98,000 after acquiring an additional 909 shares in the last quarter. Finally, USA Financial Formulas raised its stake in shares of Huron Consulting Group by 3,273.3% during the fourth quarter. USA Financial Formulas now owns 1,012 shares of the business services provider's stock valued at $104,000 after acquiring an additional 982 shares in the last quarter. 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.