Huron Consulting Group Inc. (HURN) Director John S. Moody Sells 690 Shares
Huron Consulting Group Inc. (NASDAQ:HURN) Director John S. Moody sold 690 shares of the business’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 owns 19,624 shares of the company’s stock, valued at $1,165,665.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Shares of Huron Consulting Group Inc. (NASDAQ:HURN) opened at 58.71 on Thursday. The firm’s 50 day moving average price is $61.41 and its 200-day moving average price is $59.81. The company has a market capitalization of $1.24 billion, a P/E ratio of 21.60 and a beta of 0.53. Huron Consulting Group Inc. has a 1-year low of $43.35 and a 1-year high of $65.03.
Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings data on Tuesday, July 26th. The company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.29. Huron Consulting Group had a return on equity of 13.17% and a net margin of 7.22%. The company had revenue of $184.26 million for the quarter, compared to the consensus estimate of $186.50 million. During the same quarter last year, the company earned $1.14 earnings per share. The firm’s revenue for the quarter was up .1% compared to the same quarter last year. Analysts expect that Huron Consulting Group Inc. will post $3.42 EPS for the current year.
Large investors have recently modified their holdings of the stock. Capital Fund Management S.A. bought a new stake in shares of Huron Consulting Group during the second quarter worth $338,000. Lucus Advisors LLC bought a new stake in shares of Huron Consulting Group during the second quarter worth $354,000. Genesee Valley Trust Co. bought a new stake in shares of Huron Consulting Group during the second quarter worth $554,000. New York State Teachers Retirement System bought a new stake in shares of Huron Consulting Group during the second quarter worth $109,000. Finally, Hartford Investment Management Co. increased its stake in shares of Huron Consulting Group by 113.0% in the second quarter. Hartford Investment Management Co. now owns 60,399 shares of the company’s stock worth $3,649,000 after buying an additional 32,039 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors.
A number of equities research analysts have issued reports on the company. Zacks Investment Research downgraded Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Tuesday, July 12th. Barrington Research boosted 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 issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $68.33.
Huron Consulting Group Company Profile
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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