Baillie Gifford & Co. Lowers Holdings in FTI Consulting, Inc. (NYSE:FCN)

Baillie Gifford & Co. trimmed its position in FTI Consulting, Inc. (NYSE:FCN) by 3.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,493 shares of the business services provider’s stock after selling 960 shares during the period. Baillie Gifford & Co.’s holdings in FTI Consulting were worth $5,828,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Prospera Private Wealth LLC purchased a new position in FTI Consulting in the 3rd quarter valued at $34,000. Wilmington Savings Fund Society FSB acquired a new stake in FTI Consulting in the third quarter valued at $35,000. Quarry LP lifted its holdings in FTI Consulting by 337.8% in the third quarter. Quarry LP now owns 162 shares of the business services provider’s stock valued at $37,000 after acquiring an additional 125 shares during the period. True Wealth Design LLC acquired a new stake in FTI Consulting in the third quarter valued at $38,000. Finally, UMB Bank n.a. lifted its holdings in FTI Consulting by 59.6% in the fourth 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. 99.36% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

FTI Consulting Stock Performance

FTI Consulting stock opened at $188.61 on Wednesday. FTI Consulting, Inc. has a one year low of $186.82 and a one year high of $243.60. The business has a fifty day moving average of $193.86 and a two-hundred day moving average of $207.80. The company has a market cap of $6.78 billion, a P/E ratio of 21.68 and a beta of 0.15.

FTI Consulting Company 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.