New York State Common Retirement Fund Reduces Stock Position in FTI Consulting, Inc. (NYSE:FCN)

New York State Common Retirement Fund lowered its holdings in FTI Consulting, Inc. (NYSE:FCNFree Report) by 8.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 58,697 shares of the business services provider’s stock after selling 5,074 shares during the quarter. New York State Common Retirement Fund owned approximately 0.17% of FTI Consulting worth $10,472,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Arlington Trust Co LLC purchased a new stake in FTI Consulting during the third quarter worth $28,000. Ancora Advisors LLC acquired a new position in FTI Consulting during the first quarter worth $32,000. CWM LLC raised its position in FTI Consulting by 95.0% during the second quarter. CWM LLC now owns 195 shares of the business services provider’s stock worth $37,000 after acquiring an additional 95 shares during the period. Fifth Third Bancorp raised its position in FTI Consulting by 37.1% during the third quarter. Fifth Third Bancorp now owns 218 shares of the business services provider’s stock worth $39,000 after acquiring an additional 59 shares during the period. Finally, Ronald Blue Trust Inc. raised its position in FTI Consulting by 533.3% during the third quarter. Ronald Blue Trust Inc. now owns 209 shares of the business services provider’s stock worth $40,000 after acquiring an additional 176 shares during the period.

FTI Consulting Stock Performance

NYSE:FCN opened at $193.92 on Thursday. The company’s 50-day moving average price is $202.93 and its 200-day moving average price is $196.75. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.15. The company has a market cap of $6.88 billion, a P/E ratio of 28.69 and a beta of 0.11. FTI Consulting, Inc. has a twelve month low of $159.46 and a twelve month high of $232.15.

Analysts Set New Price Targets

Separately, Truist Financial reissued a “buy” rating and issued a $240.00 price target on shares of FTI Consulting in a research note on Tuesday, November 28th.

Check Out Our Latest Research Report on FCN

About FTI Consulting

(Free Report)

FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company operates through five segments: Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications.

Further Reading

Institutional Ownership by Quarter for FTI Consulting (NYSE:FCN)

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