B. Metzler seel. Sohn & Co. Holding AG Invests $932,000 in FTI Consulting, Inc. (NYSE:FCN)

B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of FTI Consulting, Inc. (NYSE:FCN - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,095 shares of the business services provider's stock, valued at approximately $932,000.

A number of other institutional investors have also made changes to their positions in the stock. Mawer Investment Management Ltd. boosted its position in shares of FTI Consulting by 3.2% during the 3rd quarter. Mawer Investment Management Ltd. now owns 3,916,333 shares of the business services provider's stock worth $891,201,000 after purchasing an additional 123,177 shares during the period. CWA Asset Management Group LLC acquired a new position in FTI Consulting during the third quarter worth $23,351,000. American Century Companies Inc. boosted its position in shares of FTI Consulting by 76.3% during the second quarter. American Century Companies Inc. now owns 224,744 shares of the business services provider's stock worth $48,439,000 after buying an additional 97,244 shares during the period. Greenvale Capital LLP grew its stake in shares of FTI Consulting by 30.9% in the second quarter. Greenvale Capital LLP now owns 360,000 shares of the business services provider's stock valued at $77,591,000 after buying an additional 85,000 shares in the last quarter. Finally, Mountain Pacific Investment Advisers LLC raised its holdings in shares of FTI Consulting by 563.7% in the 3rd quarter. Mountain Pacific Investment Advisers LLC now owns 66,373 shares of the business services provider's stock valued at $15,104,000 after buying an additional 56,373 shares during the period. 99.36% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FCN has been the topic of several research reports. StockNews.com raised shares of FTI Consulting from a "hold" rating to a "buy" rating in a research report on Saturday, November 2nd. Truist Financial raised their price target on shares of FTI Consulting from $255.00 to $275.00 and gave the company a "buy" rating in a research report on Wednesday, September 25th.

FTI Consulting Stock Performance

Shares of FCN traded up $3.68 during midday trading on Friday, hitting $201.86. The company had a trading volume of 186,468 shares, compared to its average volume of 252,923. FTI Consulting, Inc. has a 1 year low of $185.93 and a 1 year high of $243.60. The firm has a market capitalization of $7.25 billion, a P/E ratio of 23.20 and a beta of 0.12. The company's 50-day simple moving average is $214.44 and its 200-day simple moving average is $217.66.

FTI Consulting (NYSE:FCN - Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The business services provider reported $1.85 EPS for the quarter, missing the consensus estimate of $2.06 by ($0.21). The firm had revenue of $926.00 million for the quarter, compared to analyst estimates of $946.16 million. FTI Consulting had a return on equity of 14.79% and a net margin of 8.37%. The company's revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the firm earned $2.34 EPS. Equities analysts predict that FTI Consulting, Inc. will post 8.1 earnings per share for the current fiscal year.

About FTI Consulting

FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company operates through Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications segments. The Corporate Finance & Restructuring segment provides business transformation and strategy, transactions, and turnaround and restructuring services.