Lecap Asset Management Ltd. Boosts Stock Holdings in FTI Consulting, Inc. (NYSE:FCN)

Lecap Asset Management Ltd. raised its holdings in shares of FTI Consulting, Inc. (NYSE:FCN - Free Report) by 201.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,947 shares of the business services provider's stock after purchasing an additional 3,306 shares during the period. Lecap Asset Management Ltd.'s holdings in FTI Consulting were worth $946,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FCN. Mawer Investment Management Ltd. raised its position in shares of FTI Consulting by 3.2% in the 3rd 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 last quarter. Raymond James & Associates raised its holdings in shares of FTI Consulting by 3.6% in the third quarter. Raymond James & Associates now owns 143,305 shares of the business services provider's stock worth $32,610,000 after buying an additional 5,044 shares during the last quarter. Montanaro Asset Management Ltd lifted its stake in shares of FTI Consulting by 11.1% during the third quarter. Montanaro Asset Management Ltd now owns 30,000 shares of the business services provider's stock worth $6,827,000 after buying an additional 3,000 shares during the period. Dakota Wealth Management lifted its stake in shares of FTI Consulting by 570.2% during the fourth 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 period. Finally, Financial Enhancement Group LLC grew its holdings in shares of FTI Consulting by 92.0% during the fourth quarter. Financial Enhancement Group LLC now owns 46,569 shares of the business services provider's stock valued at $9,079,000 after buying an additional 22,310 shares during the last quarter. Hedge funds and other institutional investors own 99.36% of the company's stock.

FTI Consulting Stock Performance

NYSE FCN traded down $1.17 during trading hours on Tuesday, reaching $193.03. The stock had a trading volume of 121,417 shares, compared to its average volume of 204,112. FTI Consulting, Inc. has a 52-week low of $185.93 and a 52-week high of $243.60. The stock has a market cap of $6.94 billion, a P/E ratio of 22.19 and a beta of 0.15. The stock has a fifty day moving average of $194.74 and a 200 day moving average of $208.71.

Wall Street Analysts Forecast Growth

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

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.