Oakworth Capital Inc. Sells 206 Shares of FTI Consulting, Inc. (NYSE:FCN)

Oakworth Capital Inc. cut its holdings in FTI Consulting, Inc. (NYSE:FCN) by 7.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,670 shares of the business services provider’s stock after selling 206 shares during the quarter. Oakworth Capital Inc.’s holdings in FTI Consulting were worth $510,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Pacer Advisors Inc. lifted its stake in FTI Consulting by 9,995.1% during the 4th quarter. Pacer Advisors Inc. now owns 518,687 shares of the business services provider’s stock valued at $99,137,000 after acquiring an additional 513,549 shares during the period. Mawer Investment Management Ltd. grew its holdings in FTI Consulting by 3.2% during 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 buying an additional 123,177 shares in the last quarter. CWA Asset Management Group LLC purchased a new stake in FTI Consulting during the 3rd quarter valued at approximately $23,351,000. Mountain Pacific Investment Advisers LLC grew its holdings in shares of FTI Consulting by 563.7% in the third quarter. Mountain Pacific Investment Advisers LLC now owns 66,373 shares of the business services provider’s stock valued at $15,104,000 after purchasing an additional 56,373 shares in the last quarter. Finally, FMR LLC grew its holdings in shares of FTI Consulting by 13.6% in the third quarter. FMR LLC now owns 325,680 shares of the business services provider’s stock valued at $74,112,000 after purchasing an additional 38,977 shares in the last quarter. 99.36% of the stock is owned by hedge funds and other institutional investors.

FTI Consulting Stock Performance

Shares of FCN opened at $194.66 on Thursday. The stock has a 50 day moving average price of $195.50 and a 200 day moving average price of $209.80. The stock has a market capitalization of $7.00 billion, a price-to-earnings ratio of 22.37 and a beta of 0.15. FTI Consulting, Inc. has a one year low of $185.93 and a one year high of $243.60.

Wall Street Analyst Weigh In

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

About FTI Consulting

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.