Huron Consulting Group Inc. (NASDAQ:HURN) CEO James H. Roth sold 17,000 shares of Huron Consulting Group stock in a transaction dated Monday, June 7th. The shares were sold at an average price of $52.91, for a total transaction of $899,470.00. Following the transaction, the chief executive officer now owns 148,722 shares of the company’s stock, valued at $7,868,881.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
James H. Roth also recently made the following trade(s):
- On Monday, May 10th, James H. Roth sold 645 shares of Huron Consulting Group stock. The shares were sold at an average price of $55.76, for a total transaction of $35,965.20.
Huron Consulting Group stock opened at $52.80 on Friday. Huron Consulting Group Inc. has a fifty-two week low of $37.46 and a fifty-two week high of $61.99. The stock has a market capitalization of $1.19 billion, a PE ratio of 49.35 and a beta of 0.95. The stock’s 50-day moving average price is $54.60. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.49.
Huron Consulting Group (NASDAQ:HURN) last released its earnings results on Tuesday, May 4th. The business services provider reported $0.35 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.01). The company had revenue of $203.30 million during the quarter, compared to analysts’ expectations of $198.29 million. Huron Consulting Group had a net margin of 2.86% and a return on equity of 8.41%. The firm’s revenue was down 8.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.44 earnings per share. On average, equities analysts predict that Huron Consulting Group Inc. will post 2.47 EPS for the current fiscal year.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company boosted its stake in Huron Consulting Group by 2.9% in the fourth quarter. The Manufacturers Life Insurance Company now owns 13,555 shares of the business services provider’s stock valued at $799,000 after acquiring an additional 379 shares during the last quarter. Swiss National Bank boosted its stake in Huron Consulting Group by 1.0% in the first quarter. Swiss National Bank now owns 52,300 shares of the business services provider’s stock valued at $2,635,000 after acquiring an additional 500 shares during the last quarter. S&T Bank boosted its stake in Huron Consulting Group by 0.4% in the first quarter. S&T Bank now owns 158,494 shares of the business services provider’s stock valued at $7,985,000 after acquiring an additional 607 shares during the last quarter. Point72 Hong Kong Ltd purchased a new position in Huron Consulting Group in the first quarter valued at about $34,000. Finally, Lazard Asset Management LLC purchased a new position in Huron Consulting Group in the fourth quarter valued at about $73,000. Hedge funds and other institutional investors own 90.34% of the company’s stock.
Several research analysts recently weighed in on HURN shares. Barrington Research restated an “outperform” rating and set a $67.00 price target (up from $63.00) on shares of Huron Consulting Group in a report on Tuesday, May 18th. Zacks Investment Research upgraded shares of Huron Consulting Group from a “sell” rating to a “hold” rating and set a $64.00 price target on the stock in a report on Tuesday, May 4th.
About Huron Consulting Group
Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. Its 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, and medical groups.
Further Reading: Trading Halts