Huron Consulting Group (NASDAQ:HURN) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $55.46 and last traded at $55.25, with a volume of 1631 shares. The stock had previously closed at $54.85.

A number of research firms have issued reports on HURN. Benchmark raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating and set a $52.00 price target for the company in a report on Wednesday, August 1st. Zacks Investment Research raised shares of Huron Consulting Group from a “sell” rating to a “hold” rating and set a $60.00 price target for the company in a report on Tuesday, October 30th. Barrington Research set a $57.00 price target on shares of Huron Consulting Group and gave the stock a “buy” rating in a report on Wednesday. ValuEngine raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Monday, July 30th. Finally, SunTrust Banks reaffirmed a “buy” rating and issued a $52.00 price target on shares of Huron Consulting Group in a report on Wednesday, August 1st. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Huron Consulting Group has a consensus rating of “Buy” and a consensus target price of $55.75.

The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $1.24 billion, a PE ratio of 24.82, a price-to-earnings-growth ratio of 1.95 and a beta of -0.16.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, October 30th. The business services provider reported $0.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.59 by $0.05. Huron Consulting Group had a negative net margin of 2.23% and a positive return on equity of 8.93%. The firm had revenue of $198.45 million during the quarter, compared to analysts’ expectations of $187.49 million. During the same quarter last year, the company posted $0.43 earnings per share. The firm’s revenue was up 12.5% compared to the same quarter last year. Analysts predict that Huron Consulting Group will post 2.09 earnings per share for the current fiscal year.

In related news, CEO James H. Roth sold 17,500 shares of the firm’s stock in a transaction on Wednesday, September 5th. The shares were sold at an average price of $48.97, for a total transaction of $856,975.00. Following the completion of the transaction, the chief executive officer now owns 215,397 shares of the company’s stock, valued at $10,547,991.09. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director James D. Edwards sold 735 shares of the firm’s stock in a transaction on Monday, October 1st. The stock was sold at an average price of $49.21, for a total transaction of $36,169.35. Following the transaction, the director now directly owns 24,371 shares of the company’s stock, valued at approximately $1,199,296.91. The disclosure for this sale can be found here. Company insiders own 2.70% of the company’s stock.

Several institutional investors have recently modified their holdings of HURN. Millennium Management LLC raised its holdings in shares of Huron Consulting Group by 265.9% during the second quarter. Millennium Management LLC now owns 316,539 shares of the business services provider’s stock worth $12,946,000 after purchasing an additional 230,019 shares during the last quarter. SG Capital Management LLC purchased a new position in shares of Huron Consulting Group during the second quarter worth $6,360,000. Intrinsic Edge Capital Management LLC purchased a new position in shares of Huron Consulting Group during the second quarter worth $3,272,000. Martingale Asset Management L P purchased a new position in shares of Huron Consulting Group during the third quarter worth $3,261,000. Finally, Renaissance Technologies LLC raised its holdings in shares of Huron Consulting Group by 122.4% during the second quarter. Renaissance Technologies LLC now owns 104,858 shares of the business services provider’s stock worth $4,289,000 after purchasing an additional 57,700 shares during the last quarter. 89.07% of the stock is owned by hedge funds and other institutional investors.

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About Huron Consulting Group (NASDAQ:HURN)

Huron Consulting Group Inc, a professional services firm, provides advisory, technology, and analytic solutions in the United States and internationally. Its Healthcare segment provides advisory services in the areas of strategy, care transformation, financial and operational performance, technology and analytics, and leadership development to national and regional hospitals, integrated health systems, academic medical centers, community hospitals, and medical groups.

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