Financial Enhancement Group LLC Purchases 22,310 Shares of FTI Consulting, Inc. (NYSE:FCN)

Financial Enhancement Group LLC grew its holdings in shares of FTI Consulting, Inc. (NYSE:FCN - Free Report) by 92.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 46,569 shares of the business services provider's stock after acquiring an additional 22,310 shares during the period. FTI Consulting comprises 1.4% of Financial Enhancement Group LLC's holdings, making the stock its 29th largest holding. Financial Enhancement Group LLC owned about 0.13% of FTI Consulting worth $9,079,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Prospera Private Wealth LLC bought a new position in shares of FTI Consulting during the third quarter valued at $34,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of FTI Consulting during the third quarter worth $35,000. Quarry LP increased its position in shares of FTI Consulting by 337.8% during the third quarter. Quarry LP now owns 162 shares of the business services provider's stock worth $37,000 after buying an additional 125 shares during the period. UMB Bank n.a. increased its position in shares of FTI Consulting by 76.6% during the third quarter. UMB Bank n.a. now owns 166 shares of the business services provider's stock worth $38,000 after buying an additional 72 shares during the period. Finally, True Wealth Design LLC acquired a new stake in shares of FTI Consulting during the third quarter worth $38,000. Institutional investors own 99.36% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on FCN. StockNews.com upgraded shares of FTI Consulting from a "hold" rating to a "buy" rating in a research report on Saturday, November 2nd. Truist Financial increased their price objective on shares of FTI Consulting from $255.00 to $275.00 and gave the stock a "buy" rating in a research report on Wednesday, September 25th.

FTI Consulting Stock Up 0.5 %

NYSE:FCN traded up $0.90 during trading hours on Thursday, reaching $193.94. The company had a trading volume of 128,333 shares, compared to its average volume of 169,753. The firm has a market cap of $6.97 billion, a price-to-earnings ratio of 22.29 and a beta of 0.14. The business's 50-day simple moving average is $197.46 and its two-hundred day simple moving average is $212.45. FTI Consulting, Inc. has a twelve month low of $185.93 and a twelve month high of $243.60.

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

FTI Consulting 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.