Public Employees Retirement System of Ohio boosted its holdings in FTI Consulting, Inc. (NYSE:FCN) by 12.8% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,698 shares of the business services provider’s stock after acquiring an additional 533 shares during the period. Public Employees Retirement System of Ohio’s holdings in FTI Consulting were worth $164,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Riverhead Capital Management LLC lifted its holdings in FTI Consulting by 81.1% in the second quarter. Riverhead Capital Management LLC now owns 2,898 shares of the business services provider’s stock worth $101,000 after acquiring an additional 1,298 shares during the last quarter. LS Investment Advisors LLC lifted its holdings in FTI Consulting by 17.4% in the second quarter. LS Investment Advisors LLC now owns 3,307 shares of the business services provider’s stock worth $116,000 after acquiring an additional 491 shares during the last quarter. Amalgamated Bank lifted its holdings in FTI Consulting by 0.6% in the second quarter. Amalgamated Bank now owns 5,870 shares of the business services provider’s stock worth $205,000 after acquiring an additional 37 shares during the last quarter. Capstone Asset Management Co. lifted its holdings in FTI Consulting by 4.9% in the second quarter. Capstone Asset Management Co. now owns 5,956 shares of the business services provider’s stock worth $208,000 after acquiring an additional 280 shares during the last quarter. Finally, TrimTabs Asset Management LLC lifted its holdings in FTI Consulting by 103.9% in the second quarter. TrimTabs Asset Management LLC now owns 5,982 shares of the business services provider’s stock worth $209,000 after acquiring an additional 3,048 shares during the last quarter. 95.65% of the stock is currently owned by hedge funds and other institutional investors.

FTI Consulting, Inc. (FCN) opened at $41.51 on Friday. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.41. FTI Consulting, Inc. has a twelve month low of $31.65 and a twelve month high of $47.12. The stock has a market cap of $1,580.00, a PE ratio of 22.43 and a beta of 0.31.

FTI Consulting (NYSE:FCN) last released its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.83 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.24. The company had revenue of $448.96 million for the quarter, compared to analysts’ expectations of $446.63 million. FTI Consulting had a return on equity of 6.12% and a net margin of 2.70%. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.52 earnings per share. equities analysts expect that FTI Consulting, Inc. will post 2.06 EPS for the current fiscal year.

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A number of equities analysts have issued reports on the stock. Zacks Investment Research raised shares of FTI Consulting from a “hold” rating to a “strong-buy” rating and set a $49.00 target price on the stock in a report on Monday, October 30th. TheStreet raised shares of FTI Consulting from a “c” rating to a “b” rating in a report on Thursday, October 26th. Finally, BidaskClub raised shares of FTI Consulting from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 9th. One analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $44.33.

About FTI Consulting

FTI Consulting, Inc is a business advisory company. The Company operates through five segments: Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology and Strategic Communications. The Company provides advice and services, such as restructuring (including bankruptcy), capital formation and indebtedness, interim business management, performance improvements, forensic accounting and litigation matters, international arbitrations, mergers and acquisitions (M&A), antitrust and competition matters, securities litigation, electronic discovery (or e-discovery), management and retrieval of electronically stored information (ESI), reputation management and strategic communications.

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Institutional Ownership by Quarter for FTI Consulting (NYSE:FCN)

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