Brown Advisory Inc. Boosts Stake in FTI Consulting, Inc. (NYSE:FCN)

Brown Advisory Inc. lifted its holdings in shares of FTI Consulting, Inc. (NYSE:FCNGet Rating) by 1.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 845,800 shares of the business services provider’s stock after purchasing an additional 9,801 shares during the period. Brown Advisory Inc.’s holdings in FTI Consulting were worth $132,949,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mawer Investment Management Ltd. grew its holdings in FTI Consulting by 7.2% in the 1st quarter. Mawer Investment Management Ltd. now owns 4,437,123 shares of the business services provider’s stock worth $697,604,000 after acquiring an additional 299,176 shares during the last quarter. Black Creek Investment Management Inc. grew its holdings in FTI Consulting by 5.0% in the 4th quarter. Black Creek Investment Management Inc. now owns 1,435,299 shares of the business services provider’s stock worth $220,204,000 after acquiring an additional 68,485 shares during the last quarter. State Street Corp grew its holdings in FTI Consulting by 4.3% in the 4th quarter. State Street Corp now owns 926,325 shares of the business services provider’s stock worth $142,117,000 after acquiring an additional 38,399 shares during the last quarter. Fuller & Thaler Asset Management Inc. grew its holdings in FTI Consulting by 14.7% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 744,346 shares of the business services provider’s stock worth $114,198,000 after acquiring an additional 95,306 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in FTI Consulting by 4.9% in the 4th quarter. Geode Capital Management LLC now owns 468,175 shares of the business services provider’s stock worth $71,827,000 after acquiring an additional 21,832 shares during the last quarter.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. StockNews.com lowered shares of FTI Consulting from a “buy” rating to a “hold” rating in a report on Saturday, May 7th. Truist Financial raised their price target on shares of FTI Consulting from $200.00 to $220.00 and gave the stock a “buy” rating in a report on Monday, June 6th.

FTI Consulting Stock Up 0.8 %

Shares of FTI Consulting stock opened at $160.98 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.26 and a current ratio of 2.26. The stock has a market capitalization of $5.56 billion, a PE ratio of 26.30 and a beta of 0.29. FTI Consulting, Inc. has a 52-week low of $131.50 and a 52-week high of $190.43. The company has a 50-day simple moving average of $174.25 and a two-hundred day simple moving average of $161.46.

FTI Consulting (NYSE:FCNGet Rating) last announced its quarterly earnings results on Thursday, July 28th. The business services provider reported $1.43 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.24). FTI Consulting had a return on equity of 13.92% and a net margin of 7.65%. The company had revenue of $754.99 million during the quarter, compared to the consensus estimate of $737.95 million. During the same quarter in the prior year, the firm earned $1.74 earnings per share. The business’s revenue was up 6.1% compared to the same quarter last year. On average, analysts anticipate that FTI Consulting, Inc. will post 6.77 EPS for the current fiscal year.

FTI Consulting Profile

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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.

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

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