Pacer Advisors Inc. Boosts Stock Holdings in FTI Consulting, Inc. (NYSE:FCN)

Pacer Advisors Inc. lifted its holdings in FTI Consulting, Inc. (NYSE:FCN) by 9,995.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 518,687 shares of the business services provider’s stock after purchasing an additional 513,549 shares during the period. Pacer Advisors Inc. owned about 1.44% of FTI Consulting worth $99,137,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Mawer Investment Management Ltd. lifted its holdings in FTI Consulting by 3.2% during the third quarter. Mawer Investment Management Ltd. now owns 3,916,333 shares of the business services provider’s stock worth $891,201,000 after buying an additional 123,177 shares during the period. Raymond James & Associates boosted its position in FTI Consulting by 3.6% during the third quarter. Raymond James & Associates now owns 143,305 shares of the business services provider’s stock valued at $32,610,000 after purchasing an additional 5,044 shares in the last quarter. Montanaro Asset Management Ltd boosted its position in FTI Consulting by 11.1% during 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 purchasing an additional 3,000 shares in the last quarter. Dakota Wealth Management grew 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 purchasing an additional 5,548 shares during the last quarter. Finally, Crossmark Global Holdings Inc. lifted its position in shares of FTI Consulting by 176.5% during the third quarter. Crossmark Global Holdings Inc. now owns 6,454 shares of the business services provider’s stock valued at $1,469,000 after buying an additional 4,120 shares during the last quarter. 99.36% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

FTI Consulting Price Performance

Shares of FCN stock opened at $191.08 on Monday. The stock’s fifty day moving average price is $196.27 and its 200 day moving average price is $211.30. FTI Consulting, Inc. has a 1-year low of $185.93 and a 1-year high of $243.60. The company has a market cap of $6.87 billion, a price-to-earnings ratio of 21.96 and a beta of 0.14.

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

FTI Consulting Company Profile

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.