TD Asset Management Inc lifted its position in FTI Consulting, Inc. (NYSE:FCN – Free Report) by 247.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,859 shares of the business services provider’s stock after acquiring an additional 14,859 shares during the period. TD Asset Management Inc owned approximately 0.07% of FTI Consulting worth $3,372,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the company. Norges Bank bought a new stake in FTI Consulting in the second quarter valued at approximately $65,039,000. Invesco Ltd. grew its holdings in shares of FTI Consulting by 435.9% in the 2nd quarter. Invesco Ltd. now owns 303,750 shares of the business services provider’s stock valued at $49,056,000 after buying an additional 247,066 shares during the period. Bank of America Corp DE increased its position in shares of FTI Consulting by 103.0% in the 2nd quarter. Bank of America Corp DE now owns 195,129 shares of the business services provider’s stock valued at $31,513,000 after buying an additional 98,989 shares in the last quarter. Millennium Management LLC acquired a new stake in FTI Consulting during the 1st quarter worth $15,802,000. Finally, Diamond Hill Capital Management Inc. raised its stake in FTI Consulting by 101.2% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 154,429 shares of the business services provider’s stock worth $24,963,000 after buying an additional 77,690 shares during the period. Institutional investors and hedge funds own 99.36% of the company’s stock.
FTI Consulting Stock Up 1.3%
Shares of FTI Consulting stock opened at $166.08 on Wednesday. The business’s 50 day simple moving average is $172.22 and its 200 day simple moving average is $167.23. FTI Consulting, Inc. has a 52-week low of $149.31 and a 52-week high of $183.71. The firm has a market cap of $5.08 billion, a PE ratio of 20.13 and a beta of 0.09. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.56 and a current ratio of 1.56.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on FCN. Weiss Ratings restated a “hold (c)” rating on shares of FTI Consulting in a report on Wednesday, December 24th. Wall Street Zen upgraded FTI Consulting from a “hold” rating to a “buy” rating in a research report on Saturday, December 6th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $165.00.
Get Our Latest Stock Analysis on FCN
FTI Consulting Company Profile
FTI Consulting, Inc is a global business advisory firm providing multidisciplinary solutions designed to address complex challenges and strategic opportunities. The company’s primary service offerings encompass corporate finance & restructuring, economic consulting, forensic & litigation consulting, strategic communications, and technology. These capabilities enable clients to manage financial distress, navigate regulatory environments, resolve disputes, build trust with stakeholders, and leverage data-driven insights.
In its corporate finance & restructuring practice, FTI delivers restructuring, interim management, and transaction advisory services to companies facing operational or financial pressures.
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