FTI Consulting, Inc. (NYSE:FCN) Shares Acquired by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lifted its position in FTI Consulting, Inc. (NYSE:FCN) by 176.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,454 shares of the business services provider’s stock after purchasing an additional 4,120 shares during the period. Crossmark Global Holdings Inc.’s holdings in FTI Consulting were worth $1,469,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. Sei Investments Co. increased its holdings in FTI Consulting by 4.3% in the second quarter. Sei Investments Co. now owns 110,336 shares of the business services provider’s stock valued at $23,782,000 after buying an additional 4,516 shares in the last quarter. DB Fitzpatrick & Co Inc grew its position in shares of FTI Consulting by 135.1% during the 2nd quarter. DB Fitzpatrick & Co Inc now owns 5,931 shares of the business services provider’s stock valued at $1,278,000 after acquiring an additional 3,408 shares during the period. SG Americas Securities LLC increased its stake in shares of FTI Consulting by 298.4% in the 2nd quarter. SG Americas Securities LLC now owns 4,060 shares of the business services provider’s stock valued at $875,000 after purchasing an additional 3,041 shares in the last quarter. Bayesian Capital Management LP acquired a new position in FTI Consulting in the 1st quarter worth about $673,000. Finally, Swiss National Bank raised its holdings in FTI Consulting by 4.5% in the 1st quarter. Swiss National Bank now owns 70,100 shares of the business services provider’s stock worth $14,741,000 after purchasing an additional 3,000 shares during the period. 99.36% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on FCN shares. Truist Financial boosted their price objective on FTI Consulting from $255.00 to $275.00 and gave the company a “buy” rating in a research report on Wednesday, September 25th. StockNews.com raised shares of FTI Consulting from a “hold” rating to a “buy” rating in a report on Saturday, November 2nd.

FTI Consulting Trading Down 1.0 %

FCN stock opened at $199.98 on Thursday. FTI Consulting, Inc. has a 12-month low of $185.93 and a 12-month high of $243.60. The business’s 50-day moving average is $217.53 and its 200 day moving average is $218.53. The stock has a market cap of $7.19 billion, a price-to-earnings ratio of 22.99 and a beta of 0.12.

FTI Consulting (NYSE:FCN) last released its earnings results 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). FTI Consulting had a net margin of 8.37% and a return on equity of 14.79%. The firm had revenue of $926.00 million during the quarter, compared to analysts’ expectations of $946.16 million. During the same quarter last year, the business earned $2.34 EPS. The business’s revenue was up 3.7% compared to the same quarter last year. As a group, equities analysts forecast that FTI Consulting, Inc. will post 8.1 EPS for the current fiscal year.

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.