Vanguard Group Inc. lessened its holdings in shares of FTI Consulting, Inc. (NYSE:FCN – Free Report) by 5.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,991,232 shares of the business services provider’s stock after selling 183,258 shares during the period. Vanguard Group Inc. owned 0.10% of FTI Consulting worth $510,992,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Quent Capital LLC bought a new stake in shares of FTI Consulting during the third quarter valued at approximately $28,000. Winnow Wealth LLC bought a new position in FTI Consulting in the third quarter valued at about $29,000. Caitong International Asset Management Co. Ltd boosted its holdings in FTI Consulting by 1,278.6% in the third quarter. Caitong International Asset Management Co. Ltd now owns 193 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 179 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in FTI Consulting in the first quarter valued at about $33,000. Finally, Bayforest Capital Ltd bought a new position in FTI Consulting in the fourth quarter valued at about $44,000. 99.36% of the stock is owned by institutional investors.
FTI Consulting Price Performance
Shares of FCN opened at $167.84 on Tuesday. The company has a current ratio of 2.30, a quick ratio of 2.30 and a debt-to-equity ratio of 0.45. FTI Consulting, Inc. has a 1 year low of $149.31 and a 1 year high of $189.30. The stock has a market cap of $5.06 billion and a P/E ratio of 19.96. The stock’s 50-day moving average price is $173.18 and its two-hundred day moving average price is $170.52.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the company. Wall Street Zen cut FTI Consulting from a “buy” rating to a “hold” rating in a report on Saturday. Truist Financial raised their price target on FTI Consulting from $165.00 to $180.00 and gave the company a “hold” rating in a report on Monday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of FTI Consulting in a report on Monday, March 23rd. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $180.00.
Check Out Our Latest Research Report on FTI Consulting
About FTI Consulting
FTI Consulting, Inc is a global business advisory firm providing multidisciplinary solutions designed to address complex challenges and strategic opportunities. The company’s primary service offerings encompass corporate finance & restructuring, economic consulting, forensic & litigation consulting, strategic communications, and technology. These capabilities enable clients to manage financial distress, navigate regulatory environments, resolve disputes, build trust with stakeholders, and leverage data-driven insights.
In its corporate finance & restructuring practice, FTI delivers restructuring, interim management, and transaction advisory services to companies facing operational or financial pressures.
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