BidaskClub cut shares of Huron Consulting Group (NASDAQ:HURN) from a strong-buy rating to a buy rating in a report issued on Tuesday morning, BidAskClub reports.

HURN has been the subject of a number of other reports. TheStreet upgraded Huron Consulting Group from a c rating to a b rating in a research note on Wednesday, July 31st. Benchmark set a $60.00 target price on Huron Consulting Group and gave the company a buy rating in a research note on Wednesday, July 31st. SunTrust Banks upped their target price on Huron Consulting Group to $74.00 and gave the company a buy rating in a research note on Tuesday, September 3rd. Zacks Investment Research upgraded Huron Consulting Group from a hold rating to a strong-buy rating and set a $70.00 target price for the company in a research note on Friday, August 2nd. Finally, Barrington Research restated an outperform rating and issued a $68.00 target price (up from $57.00) on shares of Huron Consulting Group in a research note on Monday, August 5th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of Buy and an average price target of $68.00.

Shares of HURN stock traded down $0.76 during trading hours on Tuesday, reaching $62.38. 2,180 shares of the company’s stock were exchanged, compared to its average volume of 95,382. Huron Consulting Group has a fifty-two week low of $44.78 and a fifty-two week high of $64.39. The stock has a market capitalization of $1.40 billion, a P/E ratio of 30.03, a P/E/G ratio of 1.81 and a beta of -0.07. The business has a fifty day moving average price of $59.63 and a 200-day moving average price of $51.94. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.21.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, July 30th. The business services provider reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.16. Huron Consulting Group had a return on equity of 10.01% and a net margin of 2.76%. The company had revenue of $220.80 million during the quarter, compared to analyst estimates of $205.51 million. During the same period in the previous year, the company earned $0.58 earnings per share. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. As a group, research analysts expect that Huron Consulting Group will post 2.5 EPS for the current fiscal year.

In other Huron Consulting Group news, insider C. Mark Hussey sold 11,000 shares of the company’s stock in a transaction on Friday, August 16th. The stock was sold at an average price of $61.01, for a total value of $671,110.00. Following the sale, the insider now directly owns 78,507 shares in the company, valued at $4,789,712.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director George Massaro sold 547 shares of the company’s stock in a transaction on Monday, July 1st. The shares were sold at an average price of $50.02, for a total value of $27,360.94. Following the completion of the sale, the director now owns 21,999 shares in the company, valued at $1,100,389.98. The disclosure for this sale can be found here. Insiders sold 29,047 shares of company stock worth $1,799,221 over the last quarter. Company insiders own 2.86% of the company’s stock.

A number of large investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. grew its holdings in shares of Huron Consulting Group by 6.5% during the second quarter. Envestnet Asset Management Inc. now owns 6,076 shares of the business services provider’s stock worth $306,000 after purchasing an additional 372 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Huron Consulting Group by 3.0% during the second quarter. AQR Capital Management LLC now owns 15,144 shares of the business services provider’s stock worth $763,000 after purchasing an additional 447 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Huron Consulting Group by 55.4% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,427 shares of the business services provider’s stock worth $67,000 after purchasing an additional 509 shares during the last quarter. Rice Hall James & Associates LLC grew its holdings in shares of Huron Consulting Group by 5.4% during the second quarter. Rice Hall James & Associates LLC now owns 14,076 shares of the business services provider’s stock worth $709,000 after purchasing an additional 717 shares during the last quarter. Finally, Quantamental Technologies LLC bought a new stake in shares of Huron Consulting Group during the second quarter worth $42,000. Hedge funds and other institutional investors own 88.71% of the company’s stock.

About Huron Consulting Group

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 excellence, technology and analytics, and leadership development to national and regional hospitals, integrated health systems, academic medical centers, community hospitals, and medical groups.

Featured Article: What is the significance of a dead cat bounce?

Receive News & Ratings for Huron Consulting Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huron Consulting Group and related companies with MarketBeat.com's FREE daily email newsletter.