Brown Advisory Inc. increased its holdings in FTI Consulting, Inc. (NYSE:FCN – Get Rating) by 1.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 845,800 shares of the business services provider’s stock after acquiring an additional 9,801 shares during the period. Brown Advisory Inc. owned about 2.45% of FTI Consulting worth $132,949,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Signaturefd LLC grew its position in FTI Consulting by 132.5% in the 1st quarter. Signaturefd LLC now owns 193 shares of the business services provider’s stock worth $30,000 after purchasing an additional 110 shares in the last quarter. Covestor Ltd bought a new stake in FTI Consulting in the 4th quarter worth about $46,000. MUFG Americas Holdings Corp grew its position in shares of FTI Consulting by 155.2% during the 4th quarter. MUFG Americas Holdings Corp now owns 518 shares of the business services provider’s stock valued at $79,000 after acquiring an additional 315 shares during the period. Destiny Wealth Partners LLC grew its position in shares of FTI Consulting by 27.4% during the 1st quarter. Destiny Wealth Partners LLC now owns 646 shares of the business services provider’s stock valued at $102,000 after acquiring an additional 139 shares during the period. Finally, Steward Partners Investment Advisory LLC grew its position in shares of FTI Consulting by 10.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 897 shares of the business services provider’s stock valued at $138,000 after acquiring an additional 86 shares during the period.
FTI Consulting Stock Performance
Shares of FCN stock opened at $160.98 on Friday. The stock has a market capitalization of $5.56 billion, a P/E ratio of 26.30 and a beta of 0.29. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 0.19. The firm’s 50 day moving average is $174.25 and its 200 day moving average is $161.46. FTI Consulting, Inc. has a 12 month low of $131.50 and a 12 month high of $190.43.
Analyst Upgrades and Downgrades
FCN has been the topic of a number of recent research reports. Truist Financial upped their price target on shares of FTI Consulting from $200.00 to $220.00 and gave the company a “buy” rating in a research note on Monday, June 6th. StockNews.com cut shares of FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 7th.
About FTI Consulting
FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company operates through five segments: Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications.
- Get a free copy of the StockNews.com research report on FTI Consulting (FCN)
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