Toronto Dominion Bank Has $270,000 Stock Holdings in FTI Consulting, Inc. (NYSE:FCN)

Toronto Dominion Bank boosted its holdings in shares of FTI Consulting, Inc. (NYSE:FCN) by 95.8% in the third quarter, according to its most recent filing with the SEC. The firm owned 2,007 shares of the business services provider’s stock after acquiring an additional 982 shares during the period. Toronto Dominion Bank’s holdings in FTI Consulting were worth $270,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in FCN. Envestnet Asset Management Inc. grew its holdings in FTI Consulting by 2.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,818 shares of the business services provider’s stock worth $1,751,000 after acquiring an additional 320 shares during the period. US Bancorp DE grew its holdings in shares of FTI Consulting by 39.3% in the 2nd quarter. US Bancorp DE now owns 528 shares of the business services provider’s stock valued at $71,000 after buying an additional 149 shares during the period. Van ECK Associates Corp grew its holdings in shares of FTI Consulting by 120.4% in the 2nd quarter. Van ECK Associates Corp now owns 410 shares of the business services provider’s stock valued at $56,000 after buying an additional 224 shares during the period. Principal Financial Group Inc. grew its holdings in shares of FTI Consulting by 1.0% in the 2nd quarter. Principal Financial Group Inc. now owns 118,988 shares of the business services provider’s stock valued at $16,255,000 after buying an additional 1,183 shares during the period. Finally, Susquehanna Fundamental Investments LLC grew its holdings in shares of FTI Consulting by 23.7% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 13,558 shares of the business services provider’s stock valued at $1,852,000 after buying an additional 2,600 shares during the period. 98.59% of the stock is owned by hedge funds and other institutional investors.

Several brokerages have recently issued reports on FCN. Truist Securities boosted their price target on shares of FTI Consulting from $165.00 to $200.00 in a report on Tuesday. Truist boosted their price target on shares of FTI Consulting from $165.00 to $200.00 in a report on Tuesday.

FCN opened at $151.30 on Friday. The stock has a market capitalization of $5.19 billion, a P/E ratio of 21.19 and a beta of 0.39. FTI Consulting, Inc. has a 12 month low of $105.07 and a 12 month high of $157.86. The firm’s fifty day simple moving average is $148.90 and its 200 day simple moving average is $142.94. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 0.21.

FTI Consulting (NYSE:FCN) last posted its quarterly earnings data on Thursday, October 28th. The business services provider reported $2.02 EPS for the quarter, beating the consensus estimate of $1.48 by $0.54. The business had revenue of $702.23 million for the quarter, compared to analysts’ expectations of $675.03 million. FTI Consulting had a net margin of 9.26% and a return on equity of 17.52%. The firm’s revenue was up 12.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.54 EPS. On average, equities research analysts predict that FTI Consulting, Inc. will post 6.66 EPS for the current fiscal year.

FTI Consulting Profile

FTI Consulting, Inc engages in the provision of financial, legal, operational, political and regulatory, reputational and transactional advisory services. It operates through the following segments: Corporate Finance and 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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