Lecap Asset Management Ltd. Acquires 3,306 Shares of FTI Consulting, Inc. (NYSE:FCN)

Lecap Asset Management Ltd. boosted its holdings in shares of FTI Consulting, Inc. (NYSE:FCN) by 201.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 4,947 shares of the business services provider’s stock after acquiring an additional 3,306 shares during the period. Lecap Asset Management Ltd.’s holdings in FTI Consulting were worth $946,000 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. UMB Bank n.a. grew its stake in shares of FTI Consulting by 76.6% during the third quarter. UMB Bank n.a. now owns 166 shares of the business services provider’s stock worth $38,000 after purchasing an additional 72 shares during the period. Truist Financial Corp grew its position in shares of FTI Consulting by 2.1% during the 2nd quarter. Truist Financial Corp now owns 3,757 shares of the business services provider’s stock worth $810,000 after buying an additional 76 shares during the period. Exchange Traded Concepts LLC grew its position in shares of FTI Consulting by 2.5% during the 4th quarter. Exchange Traded Concepts LLC now owns 3,435 shares of the business services provider’s stock worth $657,000 after buying an additional 85 shares during the period. Cabot Wealth Management Inc. increased its stake in shares of FTI Consulting by 0.6% in the 3rd quarter. Cabot Wealth Management Inc. now owns 15,271 shares of the business services provider’s stock valued at $3,475,000 after acquiring an additional 94 shares during the last quarter. Finally, Portside Wealth Group LLC raised its position in shares of FTI Consulting by 6.9% in the 3rd quarter. Portside Wealth Group LLC now owns 1,563 shares of the business services provider’s stock valued at $356,000 after acquiring an additional 101 shares during the period. Institutional investors own 99.36% of the company’s stock.

FTI Consulting Trading Up 0.2 %

Shares of FTI Consulting stock opened at $193.88 on Friday. FTI Consulting, Inc. has a 12 month low of $185.93 and a 12 month high of $243.60. The company has a market capitalization of $6.97 billion, a PE ratio of 22.28 and a beta of 0.15. The stock’s fifty day simple moving average is $195.29 and its 200 day simple moving average is $209.69.

Wall Street Analyst Weigh In

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

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.