Tilia Fiduciary Partners Inc. grew its position in shares of FTI Consulting, Inc. (NYSE:FCN – Free Report) by 4.9% during the second quarter, Holdings Channel reports. The fund owned 12,382 shares of the business services provider’s stock after purchasing an additional 581 shares during the period. Tilia Fiduciary Partners Inc.’s holdings in FTI Consulting were worth $2,000,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Isthmus Partners LLC grew its stake in shares of FTI Consulting by 2.7% in the 1st quarter. Isthmus Partners LLC now owns 2,402 shares of the business services provider’s stock worth $394,000 after buying an additional 63 shares during the last quarter. State of Wyoming grew its stake in shares of FTI Consulting by 5.1% in the 1st quarter. State of Wyoming now owns 1,453 shares of the business services provider’s stock worth $238,000 after buying an additional 70 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of FTI Consulting by 26.6% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 362 shares of the business services provider’s stock worth $59,000 after buying an additional 76 shares during the last quarter. Signaturefd LLC grew its stake in shares of FTI Consulting by 65.3% in the 1st quarter. Signaturefd LLC now owns 205 shares of the business services provider’s stock worth $34,000 after buying an additional 81 shares during the last quarter. Finally, Mayfair Advisory Group LLC grew its stake in shares of FTI Consulting by 7.3% in the 1st quarter. Mayfair Advisory Group LLC now owns 1,309 shares of the business services provider’s stock worth $215,000 after buying an additional 89 shares during the last quarter. Hedge funds and other institutional investors own 99.36% of the company’s stock.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “hold (c-)” rating on shares of FTI Consulting in a research note on Saturday, September 27th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $175.50.
FTI Consulting Stock Performance
FCN stock opened at $160.06 on Friday. The stock has a market capitalization of $5.18 billion, a PE ratio of 22.54 and a beta of 0.16. FTI Consulting, Inc. has a 12-month low of $151.75 and a 12-month high of $231.65. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.25. The stock’s 50 day simple moving average is $165.78 and its 200 day simple moving average is $164.39.
FTI Consulting (NYSE:FCN – Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The business services provider reported $2.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.26. The business had revenue of $943.66 million for the quarter, compared to analysts’ expectations of $928.38 million. FTI Consulting had a return on equity of 12.88% and a net margin of 6.82%.The firm’s quarterly revenue was down .6% on a year-over-year basis. During the same period in the prior year, the firm posted $2.34 EPS. FTI Consulting has set its FY 2025 guidance at 7.800-8.400 EPS. As a group, research analysts forecast that FTI Consulting, Inc. will post 8.55 earnings per share for the current fiscal 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.
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