FTI Consulting, Inc. (NYSE:FCN) Shares Bought by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC grew its position in FTI Consulting, Inc. (NYSE:FCN) by 1.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,724 shares of the business services provider’s stock after purchasing an additional 120 shares during the period. OneDigital Investment Advisors LLC’s holdings in FTI Consulting were worth $1,530,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Sei Investments Co. grew its stake in FTI Consulting by 4.3% during the second quarter. Sei Investments Co. now owns 110,336 shares of the business services provider’s stock worth $23,782,000 after buying an additional 4,516 shares during the period. DB Fitzpatrick & Co Inc boosted its position in FTI Consulting by 135.1% during the 2nd quarter. DB Fitzpatrick & Co Inc now owns 5,931 shares of the business services provider’s stock worth $1,278,000 after purchasing an additional 3,408 shares during the period. SG Americas Securities LLC boosted its position in FTI Consulting by 298.4% during the 2nd quarter. SG Americas Securities LLC now owns 4,060 shares of the business services provider’s stock worth $875,000 after purchasing an additional 3,041 shares during the period. Bayesian Capital Management LP acquired a new stake in FTI Consulting in the 1st quarter valued at $673,000. Finally, American Century Companies Inc. raised its position in FTI Consulting by 76.3% in the second quarter. American Century Companies Inc. now owns 224,744 shares of the business services provider’s stock valued at $48,439,000 after purchasing an additional 97,244 shares during the period. Hedge funds and other institutional investors own 99.36% of the company’s stock.

FTI Consulting Price Performance

FTI Consulting stock opened at $194.96 on Monday. The firm’s fifty day moving average price is $216.57 and its 200 day moving average price is $218.32. The company has a market capitalization of $7.01 billion, a price-to-earnings ratio of 22.41 and a beta of 0.12. FTI Consulting, Inc. has a 12-month low of $185.93 and a 12-month high of $243.60.

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

Wall Street Analysts Forecast Growth

FCN has been the subject of several analyst reports. Truist Financial upped their target price on FTI Consulting from $255.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, September 25th. StockNews.com upgraded FTI Consulting from a “hold” rating to a “buy” rating in a report on Saturday, November 2nd.

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.