Farther Finance Advisors LLC Has $469,000 Position in FTI Consulting, Inc. (NYSE:FCN)

Farther Finance Advisors LLC grew its stake in shares of FTI Consulting, Inc. (NYSE:FCN) by 12.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,456 shares of the business services provider’s stock after acquiring an additional 276 shares during the period. Farther Finance Advisors LLC’s holdings in FTI Consulting were worth $469,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Sequoia Financial Advisors LLC grew its holdings in shares of FTI Consulting by 3.9% during the 4th quarter. Sequoia Financial Advisors LLC now owns 2,389 shares of the business services provider’s stock valued at $457,000 after acquiring an additional 89 shares in the last quarter. HighTower Advisors LLC grew its holdings in shares of FTI Consulting by 8.7% during the 4th quarter. HighTower Advisors LLC now owns 3,256 shares of the business services provider’s stock valued at $622,000 after acquiring an additional 260 shares in the last quarter. Wealthfront Advisers LLC purchased a new position in shares of FTI Consulting during the 4th quarter valued at $8,572,000. Isthmus Partners LLC purchased a new position in shares of FTI Consulting during the 4th quarter valued at $447,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of FTI Consulting by 84.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,345 shares of the business services provider’s stock valued at $2,742,000 after acquiring an additional 6,576 shares in the last quarter. 99.36% of the stock is currently owned by hedge funds and other institutional investors.

FTI Consulting Trading Up 0.8 %

Shares of NYSE:FCN opened at $162.90 on Monday. The stock has a market capitalization of $5.85 billion, a PE ratio of 20.88 and a beta of 0.14. FTI Consulting, Inc. has a 1 year low of $158.92 and a 1 year high of $243.60. The firm has a fifty day moving average price of $183.64 and a 200 day moving average price of $200.67.

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

Wall Street Analysts Forecast Growth

FCN has been the topic of several research analyst reports. The Goldman Sachs Group lowered their price target 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. Truist Financial decreased their price objective on shares of FTI Consulting from $275.00 to $225.00 and set a “buy” rating for the company in a report on Friday, February 21st. Finally, StockNews.com cut shares of FTI Consulting from a “buy” rating to a “hold” rating in a report on Friday, February 21st.

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.