Capital Research Global Investors acquired a new stake in FTI Consulting, Inc. (NYSE:FCN – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 147,614 shares of the business services provider’s stock, valued at approximately $23,862,000.
A number of other hedge funds also recently made changes to their positions in the company. TD Waterhouse Canada Inc. acquired a new stake in FTI Consulting during the 3rd quarter valued at $2,201,000. AlphaQuest LLC lifted its holdings in FTI Consulting by 259.3% in the 3rd quarter. AlphaQuest LLC now owns 16,061 shares of the business services provider’s stock worth $2,596,000 after buying an additional 11,591 shares in the last quarter. Diamond Hill Capital Management Inc. lifted its holdings in FTI Consulting by 101.2% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 154,429 shares of the business services provider’s stock worth $24,963,000 after buying an additional 77,690 shares in the last quarter. Van Berkom & Associates Inc. boosted its position in FTI Consulting by 5.1% in the 3rd quarter. Van Berkom & Associates Inc. now owns 437,455 shares of the business services provider’s stock valued at $70,715,000 after buying an additional 21,242 shares during the last quarter. Finally, CWA Asset Management Group LLC boosted its position in FTI Consulting by 108.5% in the 3rd quarter. CWA Asset Management Group LLC now owns 117,717 shares of the business services provider’s stock valued at $19,029,000 after buying an additional 61,266 shares during the last quarter. Hedge funds and other institutional investors own 99.36% of the company’s stock.
FTI Consulting Trading Down 0.3%
FCN opened at $162.31 on Friday. The stock has a market capitalization of $4.96 billion, a PE ratio of 19.67 and a beta of 0.09. The firm’s fifty day moving average price is $170.96 and its 200 day moving average price is $167.07. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.56 and a quick ratio of 1.56. FTI Consulting, Inc. has a 12-month low of $149.31 and a 12-month high of $183.71.
Analysts Set New Price Targets
A number of analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FTI Consulting in a research report on Wednesday, December 24th. Wall Street Zen raised FTI Consulting from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, FTI Consulting presently has a consensus rating of “Hold” and an average price target of $165.00.
Read Our Latest Stock Report on FTI Consulting
About FTI Consulting
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
- Five stocks we like better than FTI Consulting
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
- Silver paying 20% dividend. Plus 68% share gains
Want to see what other hedge funds are holding FCN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FTI Consulting, Inc. (NYSE:FCN – Free Report).
Receive News & Ratings for FTI Consulting Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FTI Consulting and related companies with MarketBeat.com's FREE daily email newsletter.
