1,443 Shares in FTI Consulting, Inc. (NYSE:FCN) Purchased by PFW Advisors LLC

PFW Advisors LLC purchased a new stake in FTI Consulting, Inc. (NYSE:FCN) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,443 shares of the business services provider’s stock, valued at approximately $276,000.

A number of other large investors have also recently modified their holdings of FCN. Quest Partners LLC raised its stake in FTI Consulting by 1,896.7% in the second quarter. Quest Partners LLC now owns 1,218 shares of the business services provider’s stock valued at $263,000 after purchasing an additional 1,157 shares in the last quarter. Choreo LLC bought a new position in shares of FTI Consulting during the 2nd quarter valued at about $226,000. American Century Companies Inc. lifted its position 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 worth $48,439,000 after buying an additional 97,244 shares during the last quarter. Federated Hermes Inc. boosted its stake in FTI Consulting by 5.6% in the second quarter. Federated Hermes Inc. now owns 101,287 shares of the business services provider’s stock worth $21,830,000 after buying an additional 5,372 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. grew its position in FTI Consulting by 18.6% during the second quarter. Oppenheimer Asset Management Inc. now owns 1,335 shares of the business services provider’s stock valued at $288,000 after acquiring an additional 209 shares during the last quarter. Institutional investors own 99.36% of the company’s stock.

FTI Consulting Stock Performance

NYSE:FCN traded up $2.02 during midday trading on Monday, reaching $194.80. 130,144 shares of the stock traded hands, compared to its average volume of 163,931. The stock has a market capitalization of $7.00 billion, a P/E ratio of 22.39 and a beta of 0.14. FTI Consulting, Inc. has a 12 month low of $185.93 and a 12 month high of $243.60. The company has a fifty day moving average of $197.77 and a 200 day moving average of $212.90.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on FCN shares. StockNews.com raised shares of FTI Consulting from a “hold” rating to a “buy” rating in a research note on Saturday, November 2nd. Truist Financial lifted their price objective on FTI Consulting from $255.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, September 25th.

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.