FTI Consulting, Inc. (NYSE:FCN) Shares Purchased by KBC Group NV

KBC Group NV boosted its holdings in shares of FTI Consulting, Inc. (NYSE:FCN - Free Report) by 1,978.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,291 shares of the business services provider's stock after acquiring an additional 17,411 shares during the period. KBC Group NV owned about 0.05% of FTI Consulting worth $3,496,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Blue Trust Inc. raised its position in shares of FTI Consulting by 15.1% in the 4th quarter. Blue Trust Inc. now owns 1,817 shares of the business services provider's stock valued at $347,000 after purchasing an additional 239 shares during the last quarter. Running Oak Capital LLC raised its position in FTI Consulting by 7.3% during the 4th quarter. Running Oak Capital LLC now owns 61,214 shares of the business services provider's stock worth $11,700,000 after buying an additional 4,185 shares during the last quarter. Exchange Traded Concepts LLC raised its position in FTI Consulting by 2.5% during the 4th quarter. Exchange Traded Concepts LLC now owns 3,435 shares of the business services provider's stock worth $657,000 after buying an additional 85 shares during the last quarter. Wesbanco Bank Inc. raised its position in FTI Consulting by 31.4% during the 4th quarter. Wesbanco Bank Inc. now owns 4,186 shares of the business services provider's stock worth $800,000 after buying an additional 1,000 shares during the last quarter. Finally, Dakota Wealth Management raised its position in FTI Consulting by 570.2% during the 4th quarter. Dakota Wealth Management now owns 6,521 shares of the business services provider's stock worth $1,246,000 after buying an additional 5,548 shares during the last quarter. 99.36% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of FTI Consulting from a "hold" rating to a "buy" rating in a research report on Saturday, November 2nd.

FTI Consulting Price Performance

FCN traded down $3.22 during trading on Friday, reaching $195.53. 196,627 shares of the company's stock were exchanged, compared to its average volume of 202,120. The stock has a market capitalization of $7.03 billion, a P/E ratio of 22.48 and a beta of 0.14. FTI Consulting, Inc. has a 1 year low of $185.93 and a 1 year high of $243.60. The company's fifty day simple moving average is $196.09 and its 200-day simple moving average is $210.49.

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.