Marathon Asset Management Ltd lowered its position in shares of FTI Consulting, Inc. (NYSE:FCN – Free Report) by 9.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,731 shares of the business services provider’s stock after selling 5,099 shares during the quarter. Marathon Asset Management Ltd’s holdings in FTI Consulting were worth $8,837,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. TD Waterhouse Canada Inc. acquired a new stake in FTI Consulting during the third quarter valued at approximately $2,201,000. AlphaQuest LLC raised its stake in FTI Consulting by 259.3% during the third quarter. AlphaQuest LLC now owns 16,061 shares of the business services provider’s stock valued at $2,596,000 after buying an additional 11,591 shares in the last quarter. Diamond Hill Capital Management Inc. raised its stake in FTI Consulting by 101.2% during the third quarter. Diamond Hill Capital Management Inc. now owns 154,429 shares of the business services provider’s stock valued at $24,963,000 after buying an additional 77,690 shares in the last quarter. Van Berkom & Associates Inc. raised its stake in FTI Consulting by 5.1% during the third 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 in the last quarter. Finally, Capital International Investors raised its stake in FTI Consulting by 54.5% during the third quarter. Capital International Investors now owns 293,625 shares of the business services provider’s stock valued at $47,464,000 after buying an additional 103,553 shares in the last quarter. Institutional investors and hedge funds own 99.36% of the company’s stock.
FTI Consulting Stock Up 0.7%
FCN opened at $154.73 on Wednesday. FTI Consulting, Inc. has a 12 month low of $140.84 and a 12 month high of $189.30. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.30 and a quick ratio of 2.30. The stock has a market cap of $4.66 billion and a P/E ratio of 18.40. The stock’s 50 day moving average price is $171.41 and its 200 day moving average price is $170.34.
Wall Street Analyst Weigh In
Several analysts have issued reports on the company. Wall Street Zen cut FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. The Goldman Sachs Group set a $169.00 target price on FTI Consulting in a research report on Tuesday. Truist Financial raised their target price on FTI Consulting from $165.00 to $180.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of FTI Consulting in a research report on Monday, March 23rd. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $174.50.
Read Our Latest Analysis on FTI Consulting
Insider Buying and Selling at FTI Consulting
In other news, insider Paul Alderman Linton purchased 2,400 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were purchased at an average cost of $144.04 per share, for a total transaction of $345,696.00. Following the completion of the purchase, the insider directly owned 92,824 shares of the company’s stock, valued at approximately $13,370,368.96. The trade was a 2.65% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Eun Nam acquired 2,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The shares were bought at an average cost of $144.59 per share, for a total transaction of $289,180.00. Following the completion of the acquisition, the chief financial officer directly owned 21,592 shares of the company’s stock, valued at approximately $3,121,987.28. This represents a 10.21% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders bought 14,400 shares of company stock valued at $2,076,576. 1.79% of the stock is owned by corporate insiders.
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.
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