Quent Capital LLC Cuts Stock Holdings in FTI Consulting, Inc. (NYSE:FCN)

Quent Capital LLC decreased its holdings in shares of FTI Consulting, Inc. (NYSE:FCN) by 27.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 177 shares of the business services provider’s stock after selling 66 shares during the quarter. Quent Capital LLC’s holdings in FTI Consulting were worth $34,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Prospera Private Wealth LLC purchased a new stake in FTI Consulting in the third quarter worth approximately $34,000. Wilmington Savings Fund Society FSB purchased a new stake in FTI Consulting in the third quarter worth approximately $35,000. Quarry LP boosted its stake in FTI Consulting by 337.8% in the third quarter. Quarry LP now owns 162 shares of the business services provider’s stock worth $37,000 after buying an additional 125 shares in the last quarter. True Wealth Design LLC purchased a new stake in FTI Consulting in the third quarter worth approximately $38,000. Finally, UMB Bank n.a. boosted its stake in FTI Consulting by 59.6% in the fourth quarter. UMB Bank n.a. now owns 265 shares of the business services provider’s stock worth $51,000 after buying an additional 99 shares in the last quarter. Hedge funds and other institutional investors own 99.36% of the company’s stock.

Analysts Set New Price Targets

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

FTI Consulting Stock Performance

NYSE:FCN opened at $191.53 on Friday. The firm has a market cap of $6.88 billion, a PE ratio of 22.01 and a beta of 0.15. FTI Consulting, Inc. has a fifty-two week low of $186.43 and a fifty-two week high of $243.60. The business has a 50 day moving average price of $194.47 and a 200-day moving average price of $208.59.

FTI Consulting 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.