Marks Group Wealth Management Inc Sells 3,997 Shares of FTI Consulting, Inc. (NYSE:FCN)

Marks Group Wealth Management Inc decreased its position in FTI Consulting, Inc. (NYSE:FCN) by 10.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 34,127 shares of the business services provider’s stock after selling 3,997 shares during the period. Marks Group Wealth Management Inc owned about 0.09% of FTI Consulting worth $6,523,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Mawer Investment Management Ltd. grew its holdings in 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 worth $891,201,000 after acquiring an additional 123,177 shares during the last quarter. State Street Corp boosted its holdings in shares of FTI Consulting by 2.7% during the third quarter. State Street Corp now owns 1,061,341 shares of the business services provider’s stock worth $241,519,000 after purchasing an additional 28,105 shares during the period. Geode Capital Management LLC increased its holdings in FTI Consulting by 2.4% during the 3rd quarter. Geode Capital Management LLC now owns 685,762 shares of the business services provider’s stock valued at $157,528,000 after purchasing an additional 16,171 shares during the period. Pacer Advisors Inc. raised its position in FTI Consulting by 9,995.1% during the 4th quarter. Pacer Advisors Inc. now owns 518,687 shares of the business services provider’s stock valued at $99,137,000 after purchasing an additional 513,549 shares during the last quarter. Finally, Stephens Investment Management Group LLC lifted its holdings in FTI Consulting by 7.7% in the 3rd quarter. Stephens Investment Management Group LLC now owns 475,036 shares of the business services provider’s stock worth $108,099,000 after buying an additional 34,144 shares during the period. Institutional investors own 99.36% of the company’s stock.

FTI Consulting Trading Down 0.6 %

NYSE:FCN opened at $193.03 on Wednesday. The company has a 50-day moving average price of $194.74 and a 200-day moving average price of $208.71. The stock has a market cap of $6.94 billion, a price-to-earnings ratio of 22.19 and a beta of 0.15. FTI Consulting, Inc. has a 12 month low of $185.93 and a 12 month high of $243.60.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised FTI Consulting from a “hold” rating to a “buy” rating in a research note 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.