Strs Ohio lessened its stake in shares of FTI Consulting, Inc. (NYSE:FCN – Get Rating) by 17.7% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,966 shares of the business services provider’s stock after selling 3,440 shares during the period. Strs Ohio’s holdings in FTI Consulting were worth $2,510,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FCN. Allspring Global Investments Holdings LLC bought a new position in shares of FTI Consulting during the 4th quarter valued at about $40,211,000. Fuller & Thaler Asset Management Inc. boosted its holdings in shares of FTI Consulting by 14.7% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 744,346 shares of the business services provider’s stock valued at $114,198,000 after purchasing an additional 95,306 shares during the last quarter. Black Creek Investment Management Inc. raised its position in shares of FTI Consulting by 5.0% during the 4th quarter. Black Creek Investment Management Inc. now owns 1,435,299 shares of the business services provider’s stock valued at $220,204,000 after buying an additional 68,485 shares in the last quarter. CWA Asset Management Group LLC raised its position in shares of FTI Consulting by 30.3% during the 1st quarter. CWA Asset Management Group LLC now owns 287,430 shares of the business services provider’s stock valued at $45,190,000 after buying an additional 66,810 shares in the last quarter. Finally, Congress Wealth Management LLC DE purchased a new stake in shares of FTI Consulting during the 4th quarter valued at about $10,132,000.

FTI Consulting stock opened at $188.70 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.40 and a quick ratio of 2.40. FTI Consulting, Inc. has a 1-year low of $131.50 and a 1-year high of $188.99. The firm has a market capitalization of $6.50 billion, a P/E ratio of 29.21 and a beta of 0.37. The company’s 50-day moving average is $168.84 and its 200 day moving average is $157.96.

FTI Consulting (NYSE:FCN – Get Rating) last posted its quarterly earnings data on Thursday, April 28th. The business services provider reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.33. FTI Consulting had a net margin of 8.17% and a return on equity of 14.88%. The company had revenue of $723.62 million for the quarter, compared to analyst estimates of $702.83 million. During the same period in the prior year, the company posted $1.89 EPS. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. Research analysts anticipate that FTI Consulting, Inc. will post 6.87 earnings per share for the current fiscal year.

Several analysts have recently issued reports on the stock. Truist Financial upped their target price on shares of FTI Consulting from $200.00 to $220.00 and gave the company a “buy” rating in a research report on Monday, June 6th. StockNews.com cut shares of FTI Consulting from a “buy” rating to a “hold” rating in a research report on Saturday, May 7th.

FTI Consulting Company Profile (Get Rating)

FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company operates through five segments: Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications.

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Institutional Ownership by Quarter for FTI Consulting (NYSE:FCN)



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