Huron Consulting Group Inc. (NASDAQ:HURN – Get Rating) Director Debra Zumwalt sold 282 shares of the business’s stock in a transaction that occurred on Wednesday, July 6th. The stock was sold at an average price of $64.69, for a total value of $18,242.58. Following the transaction, the director now directly owns 24,488 shares in the company, valued at approximately $1,584,128.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Huron Consulting Group stock opened at $63.75 on Friday. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of 16.14 and a beta of 0.60. The stock’s 50 day moving average is $59.40 and its 200-day moving average is $51.80. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.58. Huron Consulting Group Inc. has a 12 month low of $42.66 and a 12 month high of $66.12.
Huron Consulting Group (NASDAQ:HURN – Get Rating) last issued its quarterly earnings data on Tuesday, May 3rd. The business services provider reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.19. Huron Consulting Group had a return on equity of 10.67% and a net margin of 8.56%. The firm had revenue of $260.00 million for the quarter, compared to analyst estimates of $234.67 million. During the same period in the prior year, the firm posted $0.35 EPS. The company’s revenue for the quarter was up 28.0% on a year-over-year basis. As a group, equities research analysts predict that Huron Consulting Group Inc. will post 3.2 earnings per share for the current fiscal year.
HURN has been the topic of a number of recent analyst reports. StockNews.com raised Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Tuesday, May 17th. Barrington Research upped their price objective on shares of Huron Consulting Group from $72.00 to $75.00 in a report on Friday, May 6th. Finally, TheStreet upgraded shares of Huron Consulting Group from a “c+” rating to a “b-” rating in a research note on Thursday, April 21st.
Large investors have recently added to or reduced their stakes in the stock. FDx Advisors Inc. boosted its holdings in Huron Consulting Group by 7.1% in the 4th quarter. FDx Advisors Inc. now owns 4,740 shares of the business services provider’s stock valued at $237,000 after purchasing an additional 315 shares during the period. IndexIQ Advisors LLC raised its position in shares of Huron Consulting Group by 7.3% in the first quarter. IndexIQ Advisors LLC now owns 8,992 shares of the business services provider’s stock valued at $412,000 after buying an additional 610 shares in the last quarter. Rice Hall James & Associates LLC grew its position in Huron Consulting Group by 0.9% during the first quarter. Rice Hall James & Associates LLC now owns 91,146 shares of the business services provider’s stock worth $4,175,000 after buying an additional 818 shares in the last quarter. BNP Paribas Arbitrage SA grew its position in Huron Consulting Group by 3.7% during the first quarter. BNP Paribas Arbitrage SA now owns 25,963 shares of the business services provider’s stock worth $1,189,000 after buying an additional 918 shares in the last quarter. Finally, Horrell Capital Management Inc. increased its stake in Huron Consulting Group by 1.0% during the 1st quarter. Horrell Capital Management Inc. now owns 105,807 shares of the business services provider’s stock worth $4,847,000 after acquiring an additional 1,000 shares during the period. 92.94% of the stock is currently owned by institutional investors and hedge funds.
About Huron Consulting Group (Get Rating)
Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Business Advisory, and Education. The Healthcare segment provides advisory services in the areas of financial and operational improvement, care transformation, and revenue cycle managed services; organizational transformation; and digital, technology and analytic solutions to national and regional hospitals, integrated health systems, academic medical centers, community hospitals, medical groups, and health plans.
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