7,451 Shares in FTI Consulting, Inc. (NYSE:FCN) Bought by Semanteon Capital Management LP

Semanteon Capital Management LP purchased a new stake in FTI Consulting, Inc. (NYSE:FCN - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,451 shares of the business services provider's stock, valued at approximately $1,424,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Quest Partners LLC raised its holdings in shares of FTI Consulting by 54.8% during the 3rd quarter. Quest Partners LLC now owns 1,885 shares of the business services provider's stock worth $429,000 after acquiring an additional 667 shares during the period. Pathstone Holdings LLC increased its position in shares of FTI Consulting by 7.6% during the third quarter. Pathstone Holdings LLC now owns 6,416 shares of the business services provider's stock valued at $1,460,000 after acquiring an additional 452 shares during the last quarter. Caprock Group LLC raised its position in FTI Consulting by 31.6% in the third quarter. Caprock Group LLC now owns 1,947 shares of the business services provider's stock valued at $443,000 after purchasing an additional 467 shares during the period. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in FTI Consulting during the 3rd quarter worth about $932,000. Finally, Prospera Private Wealth LLC purchased a new position in shares of FTI Consulting in the third quarter valued at approximately $34,000. Institutional investors and hedge funds own 99.36% of the company's stock.

FTI Consulting Price Performance

Shares of FCN stock traded up $0.27 during trading hours on Tuesday, reaching $161.17. 267,852 shares of the company's stock were exchanged, compared to its average volume of 200,637. FTI Consulting, Inc. has a 1 year low of $158.88 and a 1 year high of $243.60. The company's 50 day moving average is $180.01 and its two-hundred day moving average is $198.06. The company has a market cap of $5.79 billion, a P/E ratio of 20.66 and a beta of 0.14.

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FTI Consulting (NYSE:FCN - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The business services provider reported $1.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.73 by ($0.17). FTI Consulting had a return on equity of 13.15% and a net margin of 7.57%. The firm had revenue of $894.92 million for the quarter, compared to analyst estimates of $913.70 million. As a group, analysts predict that FTI Consulting, Inc. will post 8.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on FCN. The Goldman Sachs Group decreased their price objective on FTI Consulting from $194.00 to $173.00 and set a "neutral" rating for the company in a research note on Friday, February 21st. StockNews.com upgraded shares of FTI Consulting from a "hold" rating to a "buy" rating in a research note on Thursday, March 20th. Finally, Truist Financial dropped their price objective on shares of FTI Consulting from $275.00 to $225.00 and set a "buy" rating on the stock in a research report on Friday, February 21st.

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.