Jane Street Group LLC Has $2.91 Million Stock Holdings in FTI Consulting, Inc. (NYSE:FCN)

Jane Street Group LLC lessened its stake in shares of FTI Consulting, Inc. (NYSE:FCN - Free Report) by 43.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,797 shares of the business services provider's stock after selling 9,944 shares during the period. Jane Street Group LLC's holdings in FTI Consulting were worth $2,912,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Mawer Investment Management Ltd. raised its position in shares of FTI Consulting by 3.2% in the third quarter. Mawer Investment Management Ltd. now owns 3,916,333 shares of the business services provider's stock valued at $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 in the 3rd quarter valued at about $23,351,000. American Century Companies Inc. raised its holdings in FTI Consulting by 76.3% in the 2nd quarter. American Century Companies Inc. now owns 224,744 shares of the business services provider's stock valued at $48,439,000 after acquiring an additional 97,244 shares during the period. Greenvale Capital LLP lifted its position in FTI Consulting by 30.9% during the second quarter. Greenvale Capital LLP now owns 360,000 shares of the business services provider's stock worth $77,591,000 after acquiring an additional 85,000 shares during the last quarter. Finally, Mountain Pacific Investment Advisers LLC grew its position in shares of FTI Consulting by 563.7% in the third quarter. Mountain Pacific Investment Advisers LLC now owns 66,373 shares of the business services provider's stock valued at $15,104,000 after purchasing an additional 56,373 shares during the last quarter. 99.36% of the stock is owned by institutional investors and hedge funds.

FTI Consulting Price Performance

FTI Consulting stock traded down $0.12 during mid-day trading on Friday, reaching $195.29. 1,570,177 shares of the company were exchanged, compared to its average volume of 186,161. The firm has a market cap of $7.02 billion, a PE ratio of 22.45 and a beta of 0.12. The company has a fifty day simple moving average of $204.46 and a 200-day simple moving average of $214.88. FTI Consulting, Inc. has a 12 month low of $185.93 and a 12 month high of $243.60.

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

Analysts Set New Price Targets

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

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.