FTI Consulting, Inc. (NYSE:FCN) Stock Holdings Lifted by Xponance Inc.

Xponance Inc. raised its position in shares of FTI Consulting, Inc. (NYSE:FCN) by 3.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,535 shares of the business services provider’s stock after purchasing an additional 154 shares during the period. Xponance Inc.’s holdings in FTI Consulting were worth $867,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its position in FTI Consulting by 1.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 438,808 shares of the business services provider’s stock worth $83,869,000 after buying an additional 8,032 shares during the last quarter. Isthmus Partners LLC bought a new stake in shares of FTI Consulting during the 4th quarter worth about $447,000. Ieq Capital LLC increased its holdings in shares of FTI Consulting by 214.4% during the 4th quarter. Ieq Capital LLC now owns 6,074 shares of the business services provider’s stock valued at $1,161,000 after acquiring an additional 4,142 shares during the last quarter. Dakota Wealth Management raised its stake in shares of FTI Consulting by 570.2% in the 4th quarter. Dakota Wealth Management now owns 6,521 shares of the business services provider’s stock valued at $1,246,000 after acquiring an additional 5,548 shares in the last quarter. Finally, Versor Investments LP acquired a new stake in FTI Consulting in the 4th quarter worth approximately $688,000. 99.36% of the stock is currently owned by institutional investors and hedge funds.

FTI Consulting Trading Up 0.1 %

Shares of FTI Consulting stock opened at $160.70 on Tuesday. FTI Consulting, Inc. has a 1 year low of $158.88 and a 1 year high of $243.60. The company’s fifty day simple moving average is $180.01 and its 200-day simple moving average is $198.06. The company has a market cap of $5.77 billion, a price-to-earnings ratio of 20.60 and a beta of 0.14.

FTI Consulting (NYSE:FCN) last posted its quarterly earnings results on Thursday, February 20th. The business services provider reported $1.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.73 by ($0.17). The company had revenue of $894.92 million during the quarter, compared to analyst estimates of $913.70 million. FTI Consulting had a return on equity of 13.15% and a net margin of 7.57%. As a group, research analysts forecast that FTI Consulting, Inc. will post 8.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FCN has been the topic of several analyst reports. Truist Financial lowered their price target on FTI Consulting from $275.00 to $225.00 and set a “buy” rating on the stock in a report on Friday, February 21st. The Goldman Sachs Group dropped their target price on shares of FTI Consulting from $194.00 to $173.00 and set a “neutral” rating on the stock in a report on Friday, February 21st. Finally, StockNews.com upgraded shares of FTI Consulting from a “hold” rating to a “buy” rating in a report on Thursday, March 20th.

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.