M&T Bank Corp grew its holdings in shares of FTI Consulting, Inc. (NYSE:FCN – Free Report) by 10,081.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 321,731 shares of the business services provider’s stock after purchasing an additional 318,571 shares during the period. M&T Bank Corp’s holdings in FTI Consulting were worth $54,961,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Inspire Advisors LLC raised its holdings in shares of FTI Consulting by 1.7% during the third quarter. Inspire Advisors LLC now owns 3,855 shares of the business services provider’s stock worth $623,000 after purchasing an additional 63 shares during the period. NewEdge Wealth LLC raised its holdings in shares of FTI Consulting by 0.3% during the third quarter. NewEdge Wealth LLC now owns 21,957 shares of the business services provider’s stock worth $3,663,000 after purchasing an additional 71 shares during the period. SJS Investment Consulting Inc. raised its holdings in shares of FTI Consulting by 6.1% during the third quarter. SJS Investment Consulting Inc. now owns 1,277 shares of the business services provider’s stock worth $206,000 after purchasing an additional 73 shares during the period. Vestmark Advisory Solutions Inc. raised its holdings in shares of FTI Consulting by 0.4% during the third quarter. Vestmark Advisory Solutions Inc. now owns 21,873 shares of the business services provider’s stock worth $3,536,000 after purchasing an additional 85 shares during the period. Finally, CWM LLC raised its holdings in shares of FTI Consulting by 29.2% during the third quarter. CWM LLC now owns 429 shares of the business services provider’s stock worth $69,000 after purchasing an additional 97 shares during the period. 99.36% of the stock is owned by institutional investors and hedge funds.
FTI Consulting Stock Down 1.1%
Shares of NYSE:FCN opened at $184.99 on Thursday. The stock has a market capitalization of $5.66 billion, a price-to-earnings ratio of 22.42 and a beta of -0.01. FTI Consulting, Inc. has a 1-year low of $149.31 and a 1-year high of $187.86. The company’s fifty day moving average is $170.66 and its two-hundred day moving average is $169.50. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.56 and a current ratio of 1.56.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “hold (c)” rating on shares of FTI Consulting in a report on Monday, March 23rd. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $165.00.
FTI Consulting Company Profile
FTI Consulting, Inc is a global business advisory firm providing multidisciplinary solutions designed to address complex challenges and strategic opportunities. The company’s primary service offerings encompass corporate finance & restructuring, economic consulting, forensic & litigation consulting, strategic communications, and technology. These capabilities enable clients to manage financial distress, navigate regulatory environments, resolve disputes, build trust with stakeholders, and leverage data-driven insights.
In its corporate finance & restructuring practice, FTI delivers restructuring, interim management, and transaction advisory services to companies facing operational or financial pressures.
See Also
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