Marks Group Wealth Management Inc Lowers Stock Holdings in FTI Consulting, Inc. (NYSE:FCN)

Marks Group Wealth Management Inc lowered its stake in FTI Consulting, Inc. (NYSE:FCN) by 10.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 34,127 shares of the business services provider’s stock after selling 3,997 shares during the period. Marks Group Wealth Management Inc’s holdings in FTI Consulting were worth $6,523,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FCN. Pacer Advisors Inc. grew its stake in shares of FTI Consulting by 9,995.1% in the fourth quarter. Pacer Advisors Inc. now owns 518,687 shares of the business services provider’s stock worth $99,137,000 after acquiring an additional 513,549 shares during the last quarter. Mawer Investment Management Ltd. boosted its stake in FTI Consulting by 3.2% in the 3rd quarter. Mawer Investment Management Ltd. now owns 3,916,333 shares of the business services provider’s stock worth $891,201,000 after purchasing 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 about $23,351,000. FMR LLC increased its stake in FTI Consulting by 13.6% during the 3rd 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. Finally, Martingale Asset Management L P raised its holdings in FTI Consulting by 1,935.5% in the third quarter. Martingale Asset Management L P now owns 37,087 shares of the business services provider’s stock worth $8,440,000 after buying an additional 35,265 shares during the last quarter. Institutional investors own 99.36% of the company’s stock.

FTI Consulting Price Performance

FCN stock opened at $193.03 on Wednesday. The stock has a market capitalization of $6.94 billion, a P/E ratio of 22.19 and a beta of 0.15. FTI Consulting, Inc. has a 1-year low of $185.93 and a 1-year high of $243.60. The business has a fifty day moving average price of $194.74 and a 200-day moving average price of $208.71.

Wall Street Analyst Weigh In

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

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.