Peregrine Capital Management LLC Boosts Holdings in FTI Consulting, Inc. (NYSE:FCN)

Peregrine Capital Management LLC raised its position in shares of FTI Consulting, Inc. (NYSE:FCN) by 1.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,623 shares of the business services provider’s stock after acquiring an additional 1,304 shares during the period. Peregrine Capital Management LLC owned approximately 0.20% of FTI Consulting worth $14,072,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in FCN. Prospera Private Wealth LLC purchased a new stake in FTI Consulting in the 3rd quarter worth about $34,000. Wilmington Savings Fund Society FSB bought a new position in shares of FTI Consulting during the third quarter valued at approximately $35,000. Quarry LP raised its holdings in shares of FTI Consulting by 337.8% in the third quarter. Quarry LP now owns 162 shares of the business services provider’s stock worth $37,000 after buying an additional 125 shares during the period. True Wealth Design LLC bought a new stake in shares of FTI Consulting during the 3rd quarter worth approximately $38,000. Finally, UMB Bank n.a. boosted its holdings in FTI Consulting by 59.6% during the 4th quarter. UMB Bank n.a. now owns 265 shares of the business services provider’s stock valued at $51,000 after acquiring an additional 99 shares during the period. Hedge funds and other institutional investors own 99.36% of the company’s stock.

FTI Consulting Stock Performance

Shares of NYSE:FCN opened at $187.32 on Tuesday. The firm has a market cap of $6.73 billion, a PE ratio of 21.53 and a beta of 0.15. The firm’s 50 day simple moving average is $193.86 and its 200-day simple moving average is $207.80. FTI Consulting, Inc. has a one year low of $187.21 and a one year high of $243.60.

Analysts Set New Price Targets

Separately, StockNews.com upgraded FTI Consulting from a “hold” rating to a “buy” rating in a research report on Saturday, November 2nd.

FTI Consulting 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.