Securian Asset Management Inc. Has $509,000 Holdings in FTI Consulting, Inc. (NYSE:FCN)

Securian Asset Management Inc. trimmed its stake in FTI Consulting, Inc. (NYSE:FCN) by 3.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,664 shares of the business services provider’s stock after selling 100 shares during the period. Securian Asset Management Inc.’s holdings in FTI Consulting were worth $509,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Prospera Private Wealth LLC acquired a new stake in FTI Consulting in the 3rd quarter worth $34,000. Wilmington Savings Fund Society FSB acquired a new stake in FTI Consulting in the 3rd quarter worth $35,000. Quarry LP grew its position in FTI Consulting by 337.8% in the 3rd quarter. Quarry LP now owns 162 shares of the business services provider’s stock worth $37,000 after purchasing an additional 125 shares during the last quarter. True Wealth Design LLC acquired a new stake in FTI Consulting in the 3rd quarter worth $38,000. Finally, Jones Financial Companies Lllp grew its position in FTI Consulting by 394.0% in the 4th quarter. Jones Financial Companies Lllp now owns 247 shares of the business services provider’s stock worth $47,000 after purchasing an additional 197 shares during the last quarter. 99.36% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on FCN. Truist Financial decreased their price target on shares of FTI Consulting from $275.00 to $225.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. The Goldman Sachs Group decreased their price target on shares of FTI Consulting from $194.00 to $173.00 and set a “neutral” rating on the stock in a research report on Friday, February 21st. Finally, StockNews.com downgraded shares of FTI Consulting from a “buy” rating to a “hold” rating in a report on Friday, February 21st.

FTI Consulting Stock Performance

NYSE:FCN opened at $163.80 on Tuesday. The company has a 50-day moving average of $183.12 and a 200-day moving average of $200.24. The company has a market capitalization of $5.88 billion, a price-to-earnings ratio of 21.00 and a beta of 0.14. FTI Consulting, Inc. has a 52 week low of $158.92 and a 52 week high of $243.60.

FTI Consulting (NYSE:FCN) last released its quarterly earnings data on Thursday, February 20th. The business services provider reported $1.56 EPS for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.17). The business had revenue of $894.92 million for 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%. Sell-side analysts forecast that FTI Consulting, Inc. will post 8.55 EPS for the current year.

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.