Huron Consulting Group Inc. (NASDAQ:HURN) Director John S. Moody sold 690 shares of the firm’s stock in a transaction dated Monday, October 3rd. The shares were sold at an average price of $59.40, for a total value of $40,986.00. Following the sale, the director now directly owns 19,624 shares in the company, valued at approximately $1,165,665.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Shares of Huron Consulting Group Inc. (NASDAQ:HURN) opened at 58.71 on Thursday. Huron Consulting Group Inc. has a 1-year low of $43.35 and a 1-year high of $65.03. The firm has a 50-day moving average price of $61.41 and a 200-day moving average price of $59.81. The stock has a market capitalization of $1.24 billion, a PE ratio of 21.60 and a beta of 0.53.
Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.29. The firm had revenue of $184.26 million for the quarter, compared to the consensus estimate of $186.50 million. Huron Consulting Group had a return on equity of 13.17% and a net margin of 7.22%. The company’s quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.14 EPS. On average, equities research analysts forecast that Huron Consulting Group Inc. will post $3.42 earnings per share for the current year.
A number of brokerages recently weighed in on HURN. Zacks Investment Research downgraded Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Tuesday, July 12th. Barrington Research increased their price target on Huron Consulting Group from $67.00 to $69.00 and gave the company an “outperform” rating in a research note on Monday, August 1st. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $68.33.
Several large investors have recently bought and sold shares of HURN. Pacad Investment Ltd. purchased a new stake in Huron Consulting Group during the first quarter valued at about $454,000. Teachers Advisors Inc. increased its stake in Huron Consulting Group by 1.9% in the first quarter. Teachers Advisors Inc. now owns 34,228 shares of the company’s stock valued at $1,992,000 after buying an additional 650 shares in the last quarter. Franklin Resources Inc. increased its stake in Huron Consulting Group by 5.3% in the first quarter. Franklin Resources Inc. now owns 1,091,185 shares of the company’s stock valued at $63,496,000 after buying an additional 55,143 shares in the last quarter. BlackRock Group LTD increased its stake in Huron Consulting Group by 17.3% in the first quarter. BlackRock Group LTD now owns 18,259 shares of the company’s stock valued at $1,063,000 after buying an additional 2,694 shares in the last quarter. Finally, UBS Group AG increased its stake in Huron Consulting Group by 261.3% in the first quarter. UBS Group AG now owns 13,219 shares of the company’s stock valued at $769,000 after buying an additional 9,560 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.
About Huron Consulting Group
Huron Consulting Group Inc is a professional services firm focused on assisting clients with their business issues by delivering solutions to support their strategic objectives. The Company’s segments are Huron Healthcare, which provides advisory, consulting and technology solutions to national and regional hospitals and integrated health systems, academic medical centers, community hospitals and physician practices; Huron Education and Life Sciences, which provides management consulting services and software solutions to the higher education, academic medical center, pharmaceutical and medical device, and research industries; Huron Business Advisory, which provides services to the C-suite of middle market and organizations, institutions, law firms, investment banks and private equity firms, and All Other.
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