FTI Consulting, Inc. (NYSE:FCN) Director Mark S. Bartlett Sells 2,000 Shares

FTI Consulting, Inc. (NYSE:FCN) Director Mark S. Bartlett sold 2,000 shares of the company’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $227.12, for a total transaction of $454,240.00. Following the sale, the director now directly owns 26,099 shares of the company’s stock, valued at approximately $5,927,604.88. The sale was disclosed in a filing with the SEC, which is available at this link.

FTI Consulting Trading Up 0.2 %

FTI Consulting stock traded up $0.56 during trading on Monday, hitting $225.98. The company had a trading volume of 117,308 shares, compared to its average volume of 182,990. FTI Consulting, Inc. has a 1-year low of $173.83 and a 1-year high of $243.60. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.03. The company’s 50 day simple moving average is $217.49 and its 200-day simple moving average is $210.05. The stock has a market cap of $8.11 billion, a price-to-earnings ratio of 26.25 and a beta of 0.09.

FTI Consulting (NYSE:FCN) last posted its earnings results on Thursday, July 25th. The business services provider reported $2.34 earnings per share for the quarter, beating the consensus estimate of $2.02 by $0.32. FTI Consulting had a net margin of 8.90% and a return on equity of 16.34%. The firm had revenue of $949.16 million during the quarter, compared to the consensus estimate of $938.67 million. During the same quarter last year, the firm earned $1.75 EPS. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. As a group, analysts expect that FTI Consulting, Inc. will post 8.48 EPS for the current fiscal year.

Institutional Trading of FTI Consulting

Institutional investors have recently added to or reduced their stakes in the stock. Benjamin F. Edwards & Company Inc. boosted its position in FTI Consulting by 494.6% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 220 shares of the business services provider’s stock valued at $46,000 after buying an additional 183 shares during the period. Covestor Ltd boosted its position in FTI Consulting by 76.4% in the 1st quarter. Covestor Ltd now owns 217 shares of the business services provider’s stock valued at $46,000 after buying an additional 94 shares during the period. Versant Capital Management Inc boosted its position in FTI Consulting by 593.8% in the 2nd quarter. Versant Capital Management Inc now owns 222 shares of the business services provider’s stock valued at $48,000 after buying an additional 190 shares during the period. Fifth Third Bancorp boosted its position in FTI Consulting by 23.4% in the 4th quarter. Fifth Third Bancorp now owns 269 shares of the business services provider’s stock valued at $54,000 after buying an additional 51 shares during the period. Finally, Blue Trust Inc. boosted its position in FTI Consulting by 30.1% in the 4th quarter. Blue Trust Inc. now owns 272 shares of the business services provider’s stock valued at $54,000 after buying an additional 63 shares during the period. Institutional investors and hedge funds own 99.36% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on FCN shares. StockNews.com raised shares of FTI Consulting from a “hold” rating to a “buy” rating in a research note on Thursday. William Blair reissued an “outperform” rating on shares of FTI Consulting in a research note on Tuesday, June 25th.

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.