Pathstone Holdings LLC Acquires 452 Shares of FTI Consulting, Inc. (NYSE:FCN)

Pathstone Holdings LLC increased its holdings in shares of FTI Consulting, Inc. (NYSE:FCN) by 7.6% during the third quarter, Holdings Channel reports. The fund owned 6,416 shares of the business services provider’s stock after acquiring an additional 452 shares during the quarter. Pathstone Holdings LLC’s holdings in FTI Consulting were worth $1,460,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. UMB Bank n.a. increased its holdings in shares of FTI Consulting by 76.6% in the third quarter. UMB Bank n.a. now owns 166 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 72 shares during the last quarter. Signaturefd LLC grew its stake in FTI Consulting by 65.9% in the 2nd quarter. Signaturefd LLC now owns 204 shares of the business services provider’s stock valued at $44,000 after buying an additional 81 shares during the last quarter. Versant Capital Management Inc raised its holdings in FTI Consulting by 593.8% in the 2nd quarter. Versant Capital Management Inc now owns 222 shares of the business services provider’s stock valued at $48,000 after acquiring an additional 190 shares during the period. Point72 Asia Singapore Pte. Ltd. lifted its position in FTI Consulting by 284.1% during the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 242 shares of the business services provider’s stock worth $52,000 after acquiring an additional 179 shares during the last quarter. Finally, Kathleen S. Wright Associates Inc. bought a new stake in shares of FTI Consulting during the third quarter worth approximately $58,000. Institutional investors own 99.36% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. StockNews.com raised FTI Consulting from a “hold” rating to a “buy” rating in a report on Saturday, November 2nd. Truist Financial lifted their target price 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 Stock Down 0.0 %

Shares of NYSE:FCN opened at $203.72 on Friday. FTI Consulting, Inc. has a 12-month low of $185.93 and a 12-month high of $243.60. The company’s 50 day moving average price is $213.27 and its two-hundred day moving average price is $217.31. The firm has a market cap of $7.32 billion, a PE ratio of 23.42 and a beta of 0.12.

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

FTI Consulting Company 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.