Callan Family Office LLC Buys 7,884 Shares of FTI Consulting, Inc. (NYSE:FCN)

Callan Family Office LLC raised its holdings in shares of FTI Consulting, Inc. (NYSE:FCN - Free Report) by 503.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,450 shares of the business services provider's stock after purchasing an additional 7,884 shares during the quarter. Callan Family Office LLC's holdings in FTI Consulting were worth $1,806,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Prospera Private Wealth LLC bought a new stake in shares of FTI Consulting in the 3rd quarter worth $34,000. Wilmington Savings Fund Society FSB bought a new stake in shares of FTI Consulting in the 3rd quarter worth $35,000. Quarry LP grew its stake in shares of FTI Consulting by 337.8% in the 3rd quarter. Quarry LP now owns 162 shares of the business services provider's stock worth $37,000 after acquiring an additional 125 shares in the last quarter. True Wealth Design LLC bought a new stake in shares of FTI Consulting in the 3rd quarter worth $38,000. Finally, Jones Financial Companies Lllp grew its stake in shares of FTI Consulting by 394.0% in the 4th quarter. Jones Financial Companies Lllp now owns 247 shares of the business services provider's stock worth $47,000 after acquiring an additional 197 shares in the last quarter. Institutional investors own 99.36% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Truist Financial reduced their target price on shares of FTI Consulting from $275.00 to $225.00 and set a "buy" rating for the company in a research note on Friday, February 21st. The Goldman Sachs Group cut their price target on shares of FTI Consulting from $194.00 to $173.00 and set a "neutral" rating on the stock in a report on Friday, February 21st. Finally, StockNews.com downgraded shares of FTI Consulting from a "buy" rating to a "hold" rating in a report on Friday, February 21st.

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FTI Consulting Trading Up 0.7 %

Shares of NYSE:FCN traded up $1.12 during midday trading on Friday, reaching $169.87. The company had a trading volume of 373,849 shares, compared to its average volume of 191,830. The company's 50 day moving average price is $186.41 and its 200 day moving average price is $202.94. The stock has a market cap of $6.10 billion, a P/E ratio of 21.78 and a beta of 0.14. FTI Consulting, Inc. has a 52-week low of $161.24 and a 52-week high of $243.60.

FTI Consulting (NYSE:FCN - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The business services provider reported $1.56 earnings per share for the quarter, missing analysts' consensus estimates of $1.73 by ($0.17). The company had revenue of $894.92 million during the quarter, compared to analysts' expectations of $913.70 million. FTI Consulting had a return on equity of 13.15% and a net margin of 7.57%. Research analysts forecast that FTI Consulting, Inc. will post 8.55 EPS for the current fiscal year.

FTI Consulting Company Profile

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.