Boston Partners Has $19.77 Million Holdings in FTI Consulting, Inc. (FCN)

Boston Partners boosted its position in shares of FTI Consulting, Inc. (NYSE:FCN) by 2.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 557,161 shares of the business services provider’s stock after buying an additional 14,747 shares during the period. Boston Partners owned approximately 1.41% of FTI Consulting worth $19,768,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Riverhead Capital Management LLC grew its stake in FTI Consulting by 81.1% during the second quarter. Riverhead Capital Management LLC now owns 2,898 shares of the business services provider’s stock worth $101,000 after buying an additional 1,298 shares in the last quarter. LS Investment Advisors LLC grew its stake in FTI Consulting by 17.4% during the second quarter. LS Investment Advisors LLC now owns 3,307 shares of the business services provider’s stock worth $116,000 after buying an additional 491 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in FTI Consulting by 12.8% during the second quarter. Public Employees Retirement System of Ohio now owns 4,698 shares of the business services provider’s stock worth $164,000 after buying an additional 533 shares in the last quarter. Amalgamated Bank grew its stake in FTI Consulting by 0.6% during the second quarter. Amalgamated Bank now owns 5,870 shares of the business services provider’s stock worth $205,000 after buying an additional 37 shares in the last quarter. Finally, Capstone Asset Management Co. grew its stake in FTI Consulting by 4.9% during the second quarter. Capstone Asset Management Co. now owns 5,956 shares of the business services provider’s stock worth $208,000 after buying an additional 280 shares in the last quarter. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Shares of FTI Consulting, Inc. (NYSE FCN) opened at $41.18 on Tuesday. FTI Consulting, Inc. has a one year low of $31.65 and a one year high of $47.12. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.41. The firm has a market cap of $1,601.77, a P/E ratio of 23.32 and a beta of 0.31.

FTI Consulting (NYSE:FCN) last issued its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.24. The business had revenue of $448.96 million during the quarter, compared to analyst estimates of $446.63 million. FTI Consulting had a net margin of 2.70% and a return on equity of 6.12%. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the business earned $0.52 EPS. sell-side analysts anticipate that FTI Consulting, Inc. will post 2.06 earnings per share for the current year.

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A number of equities research analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of FTI Consulting from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. BidaskClub downgraded shares of FTI Consulting from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Finally, TheStreet upgraded shares of FTI Consulting from a “c” rating to a “b” rating in a research note on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $44.33.

FTI Consulting Company Profile

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.

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

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