Huron Consulting Group Inc. (NASDAQ:HURN) Given Average Recommendation of “Buy” by Brokerages

Shares of Huron Consulting Group Inc. (NASDAQ:HURN) have been assigned an average rating of “Buy” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. Six investment analysts have rated the stock with a buy recommendation. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $215.50.

A number of research firms have weighed in on HURN. Benchmark boosted their target price on shares of Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Wednesday, December 24th. Wedbush lifted their price target on shares of Huron Consulting Group from $165.00 to $200.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Truist Financial raised their target price on Huron Consulting Group from $180.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Huron Consulting Group in a report on Thursday, January 22nd.

Huron Consulting Group Stock Performance

NASDAQ:HURN opened at $145.86 on Wednesday. The stock’s 50-day moving average is $174.87 and its 200-day moving average is $157.12. Huron Consulting Group has a 1-year low of $120.25 and a 1-year high of $186.77. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 1.18. The stock has a market cap of $2.51 billion, a P/E ratio of 24.43 and a beta of 0.08.

Insider Buying and Selling

In other Huron Consulting Group news, Director James H. Roth sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $164.57, for a total transaction of $329,140.00. Following the completion of the transaction, the director owned 35,304 shares in the company, valued at approximately $5,809,979.28. This trade represents a 5.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ekta Singh-Bushell sold 1,000 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $178.55, for a total transaction of $178,550.00. Following the completion of the sale, the director directly owned 14,341 shares in the company, valued at approximately $2,560,585.55. This represents a 6.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 11,458 shares of company stock valued at $1,886,731 over the last 90 days. 2.15% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Huron Consulting Group

A number of hedge funds have recently bought and sold shares of HURN. Truist Financial Corp acquired a new position in shares of Huron Consulting Group during the second quarter worth approximately $959,000. Hussman Strategic Advisors Inc. acquired a new stake in Huron Consulting Group in the 3rd quarter valued at $925,000. Thrivent Financial for Lutherans bought a new stake in Huron Consulting Group during the 3rd quarter valued at $11,633,000. Ritholtz Wealth Management acquired a new position in Huron Consulting Group during the second quarter worth $499,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in Huron Consulting Group during the second quarter worth $1,481,000. Institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Company Profile

Huron Consulting Group (NASDAQ:HURN) is a global professional services firm that advises organizations across a range of industries on strategy, operations and technology. Founded in 2002 and headquartered in Chicago, the company helps clients address complex business challenges such as performance improvement, digital transformation and organizational change. Huron’s consultants work alongside executive leadership teams to develop and implement tailored solutions that drive growth, increase efficiency and manage risk.

Huron’s service offerings encompass business and financial advisory, healthcare performance improvement, life sciences consulting, higher education and research lifecycle support, as well as legal and regulatory consulting.