FTI Consulting, Inc. (NYSE:FCN) Shares Acquired by Running Oak Capital LLC

Running Oak Capital LLC increased its position in shares of FTI Consulting, Inc. (NYSE:FCN) by 7.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 61,214 shares of the business services provider’s stock after buying an additional 4,185 shares during the period. Running Oak Capital LLC owned about 0.17% of FTI Consulting worth $11,700,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Mawer Investment Management Ltd. increased its position in shares of FTI Consulting by 3.2% in the 3rd quarter. Mawer Investment Management Ltd. now owns 3,916,333 shares of the business services provider’s stock valued at $891,201,000 after purchasing an additional 123,177 shares during the last quarter. Raymond James & Associates grew its stake in shares of FTI Consulting by 3.6% during the third quarter. Raymond James & Associates now owns 143,305 shares of the business services provider’s stock worth $32,610,000 after purchasing an additional 5,044 shares in the last quarter. Montanaro Asset Management Ltd increased its holdings in FTI Consulting by 11.1% in the third quarter. Montanaro Asset Management Ltd now owns 30,000 shares of the business services provider’s stock valued at $6,827,000 after buying an additional 3,000 shares during the last quarter. Dakota Wealth Management raised its stake in FTI Consulting by 570.2% in the fourth quarter. Dakota Wealth Management now owns 6,521 shares of the business services provider’s stock valued at $1,246,000 after buying an additional 5,548 shares in the last quarter. Finally, Crossmark Global Holdings Inc. lifted its holdings in FTI Consulting by 176.5% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 6,454 shares of the business services provider’s stock worth $1,469,000 after buying an additional 4,120 shares during the last quarter. Institutional investors and hedge funds own 99.36% of the company’s stock.

FTI Consulting Price Performance

Shares of FCN opened at $191.08 on Friday. The firm has a fifty day moving average price of $196.27 and a 200 day moving average price of $211.33. The stock has a market cap of $6.87 billion, a PE ratio of 21.96 and a beta of 0.14. FTI Consulting, Inc. has a 1-year low of $185.93 and a 1-year high of $243.60.

FTI Consulting (NYSE:FCN) last announced its earnings results on Thursday, October 24th. The business services provider reported $1.85 EPS for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.21). FTI Consulting had a net margin of 8.37% and a return on equity of 14.79%. The business had revenue of $926.00 million during the quarter, compared to analyst estimates of $946.16 million. During the same period in the previous year, the firm earned $2.34 earnings per share. The business’s revenue was up 3.7% compared to the same quarter last year. As a group, equities analysts expect that FTI Consulting, Inc. will post 8.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised FTI Consulting from a “hold” rating to a “buy” rating in a research report on Saturday, November 2nd.

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.