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

Dana Investment Advisors Inc. grew its stake in shares of FTI Consulting, Inc. (NYSE:FCN) by 17.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 9,559 shares of the business services provider’s stock after purchasing an additional 1,434 shares during the period. Dana Investment Advisors Inc.’s holdings in FTI Consulting were worth $1,827,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Prospera Private Wealth LLC acquired a new stake in shares of FTI Consulting during the 3rd quarter valued at approximately $34,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of FTI Consulting during the 3rd quarter valued at approximately $35,000. Quarry LP lifted its position 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 acquiring an additional 125 shares during the period. True Wealth Design LLC purchased a new position in shares of FTI Consulting during the 3rd quarter worth approximately $38,000. Finally, Jones Financial Companies Lllp increased its stake in shares of FTI Consulting by 394.0% during the 4th quarter. Jones Financial Companies Lllp now owns 247 shares of the business services provider’s stock worth $47,000 after purchasing an additional 197 shares in the last quarter. 99.36% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on FCN. The Goldman Sachs Group dropped their price objective on shares of FTI Consulting from $194.00 to $173.00 and set a “neutral” rating for the company in a research note on Friday, February 21st. StockNews.com cut shares of FTI Consulting from a “buy” rating to a “hold” rating in a research note on Friday, February 21st. Finally, Truist Financial dropped their price objective on shares of FTI Consulting from $275.00 to $225.00 and set a “buy” rating for the company in a research note on Friday, February 21st.

FTI Consulting Stock Performance

FCN stock opened at $169.87 on Friday. The stock has a market capitalization of $6.10 billion, a P/E ratio of 21.78 and a beta of 0.14. FTI Consulting, Inc. has a one year low of $161.24 and a one year high of $243.60. The company has a 50 day moving average price of $186.87 and a two-hundred day moving average price of $203.46.

FTI Consulting (NYSE:FCN) last released its earnings results on Thursday, February 20th. The business services provider reported $1.56 EPS for the quarter, missing the consensus estimate of $1.73 by ($0.17). The firm had revenue of $894.92 million during the quarter, compared to analysts’ expectations of $913.70 million. FTI Consulting had a return on equity of 13.15% and a net margin of 7.57%. 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.