Huron Consulting Group Inc. (NASDAQ:HURN) Receives $215.50 Average Target Price from Brokerages

Huron Consulting Group Inc. (NASDAQ:HURN) has received an average recommendation of “Buy” from the six ratings firms that are covering the company, MarketBeat reports. Six investment analysts have rated the stock with a buy rating. The average 1-year price objective among brokers that have covered the stock in the last year is $215.50.

A number of equities research analysts have issued reports on the company. Barrington Research upped their target price on Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Truist Financial boosted their price objective on shares of Huron Consulting Group from $180.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, November 14th. Wedbush upped their price objective 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. Benchmark lifted 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. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Huron Consulting Group in a research report on Thursday, January 22nd.

Huron Consulting Group Price Performance

Shares of NASDAQ:HURN opened at $130.21 on Wednesday. The stock has a market capitalization of $2.24 billion, a P/E ratio of 21.81 and a beta of 0.08. The business has a 50-day moving average of $170.60 and a two-hundred day moving average of $157.00. Huron Consulting Group has a fifty-two week low of $120.25 and a fifty-two week high of $186.77. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.44 and a quick ratio of 1.44.

Insider Buying and Selling at Huron Consulting Group

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 stock was sold at an average price of $164.57, for a total value of $329,140.00. Following the sale, the director owned 35,304 shares of the company’s stock, valued at $5,809,979.28. This trade represents a 5.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Ekta Singh-Bushell sold 1,000 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $178.55, for a total value of $178,550.00. Following the completion of the sale, the director directly owned 14,341 shares of the company’s stock, valued at $2,560,585.55. This represents a 6.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 4,958 shares of company stock worth $837,371 in the last ninety days. 2.15% of the stock is owned by insiders.

Institutional Trading of Huron Consulting Group

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Fiduciary Management Inc. WI bought a new stake in shares of Huron Consulting Group in the fourth quarter valued at about $90,661,000. UBS Group AG raised its holdings in Huron Consulting Group by 271.0% in the 4th quarter. UBS Group AG now owns 422,719 shares of the business services provider’s stock valued at $73,092,000 after acquiring an additional 308,770 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of Huron Consulting Group by 51.8% in the 4th quarter. Principal Financial Group Inc. now owns 476,863 shares of the business services provider’s stock worth $82,454,000 after acquiring an additional 162,706 shares during the period. SG Capital Management LLC lifted its position in shares of Huron Consulting Group by 131.8% in the 3rd quarter. SG Capital Management LLC now owns 250,489 shares of the business services provider’s stock worth $36,764,000 after acquiring an additional 142,448 shares during the period. Finally, Franklin Resources Inc. grew its holdings in shares of Huron Consulting Group by 27.5% during the 2nd quarter. Franklin Resources Inc. now owns 610,908 shares of the business services provider’s stock worth $84,024,000 after purchasing an additional 131,620 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors and hedge funds.

About Huron Consulting Group

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.