Pathstone Holdings LLC Has $1.46 Million Holdings in FTI Consulting, Inc. (NYSE:FCN)

Pathstone Holdings LLC boosted its holdings in shares of FTI Consulting, Inc. (NYSE:FCN) by 7.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,416 shares of the business services provider’s stock after acquiring an additional 452 shares during the period. Pathstone Holdings LLC’s holdings in FTI Consulting were worth $1,460,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FCN. Sei Investments Co. grew its position in shares of FTI Consulting by 4.3% in the 2nd quarter. Sei Investments Co. now owns 110,336 shares of the business services provider’s stock valued at $23,782,000 after purchasing an additional 4,516 shares during the period. DB Fitzpatrick & Co Inc boosted its holdings in shares of FTI Consulting by 135.1% in the second quarter. DB Fitzpatrick & Co Inc now owns 5,931 shares of the business services provider’s stock valued at $1,278,000 after buying an additional 3,408 shares during the period. SG Americas Securities LLC increased its position in shares of FTI Consulting by 298.4% during the second quarter. SG Americas Securities LLC now owns 4,060 shares of the business services provider’s stock worth $875,000 after acquiring an additional 3,041 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of FTI Consulting by 76.3% during the second quarter. American Century Companies Inc. now owns 224,744 shares of the business services provider’s stock worth $48,439,000 after acquiring an additional 97,244 shares during the period. Finally, Raymond James & Associates lifted its position in FTI Consulting by 3.6% in the 3rd quarter. Raymond James & Associates now owns 143,305 shares of the business services provider’s stock valued at $32,610,000 after acquiring an additional 5,044 shares in the last quarter. 99.36% of the stock is owned by institutional investors and hedge funds.

FTI Consulting Trading Down 0.0 %

Shares of FCN opened at $203.72 on Friday. The stock has a market capitalization of $7.32 billion, a price-to-earnings ratio of 23.42 and a beta of 0.12. FTI Consulting, Inc. has a 12 month low of $185.93 and a 12 month high of $243.60. The firm has a fifty day simple moving average of $213.27 and a 200 day simple moving average of $217.31.

FTI Consulting (NYSE:FCN) last announced its quarterly earnings data on Thursday, October 24th. The business services provider reported $1.85 earnings per share for the quarter, missing the consensus estimate of $2.06 by ($0.21). FTI Consulting had a net margin of 8.37% and a return on equity of 14.79%. The company had revenue of $926.00 million during the quarter, compared to the consensus estimate of $946.16 million. During the same quarter in the previous year, the business earned $2.34 EPS. FTI Consulting’s revenue was up 3.7% on a year-over-year basis. As a group, research analysts predict that FTI Consulting, Inc. will post 8.1 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Truist Financial lifted their price target on FTI Consulting from $255.00 to $275.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. StockNews.com raised FTI Consulting from a “hold” rating to a “buy” rating in a research report on Saturday, November 2nd.

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.