1,765 Shares in FTI Consulting, Inc. (NYSE:FCN) Purchased by Petros Family Wealth LLC

Petros Family Wealth LLC acquired a new stake in shares of FTI Consulting, Inc. (NYSE:FCN - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 1,765 shares of the business services provider's stock, valued at approximately $337,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Barclays PLC increased its holdings in FTI Consulting by 160.8% in the 3rd quarter. Barclays PLC now owns 25,929 shares of the business services provider's stock valued at $5,901,000 after acquiring an additional 15,986 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of FTI Consulting by 2.4% in the third quarter. Geode Capital Management LLC now owns 685,762 shares of the business services provider's stock worth $157,528,000 after purchasing an additional 16,171 shares during the last quarter. Toronto Dominion Bank lifted its position in shares of FTI Consulting by 34.3% in the third quarter. Toronto Dominion Bank now owns 4,045 shares of the business services provider's stock worth $920,000 after buying an additional 1,033 shares in the last quarter. SkyView Investment Advisors LLC boosted its stake in FTI Consulting by 2.7% during the third quarter. SkyView Investment Advisors LLC now owns 8,407 shares of the business services provider's stock valued at $1,913,000 after buying an additional 223 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its holdings in FTI Consulting by 6.0% during the 3rd quarter. Sanctuary Advisors LLC now owns 5,891 shares of the business services provider's stock valued at $1,341,000 after buying an additional 333 shares in the last quarter. Institutional investors own 99.36% of the company's stock.

Remove Ads

Analyst Ratings Changes

Several equities research analysts recently weighed in on FCN shares. StockNews.com cut shares of FTI Consulting from a "buy" rating to a "hold" rating in a research report on Thursday, April 3rd. Truist Financial cut shares of FTI Consulting from a "buy" rating to a "hold" rating and decreased their target price for the company from $225.00 to $178.00 in a research report on Wednesday, April 2nd. Finally, The Goldman Sachs Group dropped their price target on FTI Consulting from $194.00 to $173.00 and set a "neutral" rating for the company in a research report on Friday, February 21st.

FTI Consulting Stock Down 1.2 %

FTI Consulting stock traded down $2.02 during midday trading on Tuesday, reaching $165.08. The stock had a trading volume of 240,051 shares, compared to its average volume of 225,741. The firm has a market cap of $5.93 billion, a price-to-earnings ratio of 21.16 and a beta of 0.21. FTI Consulting, Inc. has a 52-week low of $151.75 and a 52-week high of $243.60. The company has a fifty day moving average of $168.10 and a 200 day moving average of $190.62.

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 the consensus estimate of $1.73 by ($0.17). The business 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%. Equities research analysts predict that FTI Consulting, Inc. will post 8.55 EPS 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.