Congress Asset Management Co. Decreases Stock Position in FTI Consulting, Inc. (NYSE:FCN)

Congress Asset Management Co. lessened its stake in FTI Consulting, Inc. (NYSE:FCN) by 2.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 205,388 shares of the business services provider’s stock after selling 5,982 shares during the quarter. Congress Asset Management Co. owned about 0.57% of FTI Consulting worth $39,256,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FCN. Prospera Private Wealth LLC purchased a new position in FTI Consulting in the 3rd quarter worth approximately $34,000. Wilmington Savings Fund Society FSB purchased a new position in shares of FTI Consulting during the 3rd quarter valued at approximately $35,000. Quarry LP boosted its stake in shares of FTI Consulting by 337.8% during the 3rd quarter. Quarry LP now owns 162 shares of the business services provider’s stock valued at $37,000 after buying an additional 125 shares during the last quarter. True Wealth Design LLC purchased a new position in shares of FTI Consulting during the 3rd quarter valued at approximately $38,000. Finally, UMB Bank n.a. boosted its stake in shares of FTI Consulting by 59.6% during the 4th quarter. UMB Bank n.a. now owns 265 shares of the business services provider’s stock valued at $51,000 after buying an additional 99 shares during the last quarter. Hedge funds and other institutional investors own 99.36% of the company’s stock.

Wall Street Analysts Forecast Growth

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

FTI Consulting Trading Down 2.1 %

FTI Consulting stock opened at $187.32 on Monday. The stock has a market cap of $6.73 billion, a P/E ratio of 21.53 and a beta of 0.15. The stock has a 50 day moving average of $194.09 and a 200-day moving average of $208.02. FTI Consulting, Inc. has a 52 week low of $187.21 and a 52 week high of $243.60.

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.