Tilia Fiduciary Partners Inc. Purchases 552 Shares of FTI Consulting, Inc. (NYSE:FCN)

Tilia Fiduciary Partners Inc. boosted its holdings in shares of FTI Consulting, Inc. (NYSE:FCN) by 5.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,053 shares of the business services provider’s stock after purchasing an additional 552 shares during the period. FTI Consulting comprises approximately 1.4% of Tilia Fiduciary Partners Inc.’s investment portfolio, making the stock its 26th biggest position. Tilia Fiduciary Partners Inc.’s holdings in FTI Consulting were worth $2,113,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of FCN. Mawer Investment Management Ltd. lifted its position in shares of FTI Consulting by 3.2% during 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 buying an additional 123,177 shares during the last quarter. CWA Asset Management Group LLC bought a new position in shares of FTI Consulting in the third quarter worth about $23,351,000. American Century Companies Inc. boosted its stake in shares of FTI Consulting by 76.3% in the 2nd 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 in the last quarter. Greenvale Capital LLP grew its holdings in shares of FTI Consulting by 30.9% during the 2nd quarter. Greenvale Capital LLP now owns 360,000 shares of the business services provider’s stock valued at $77,591,000 after purchasing an additional 85,000 shares during the last quarter. Finally, Mountain Pacific Investment Advisers LLC increased its position in FTI Consulting by 563.7% during the 3rd quarter. Mountain Pacific Investment Advisers LLC now owns 66,373 shares of the business services provider’s stock worth $15,104,000 after purchasing an additional 56,373 shares in the last quarter. Institutional investors and hedge funds own 99.36% of the company’s stock.

FTI Consulting Trading Down 0.7 %

NYSE:FCN traded down $1.30 during mid-day trading on Friday, hitting $192.87. 208,279 shares of the company’s stock were exchanged, compared to its average volume of 162,476. FTI Consulting, Inc. has a fifty-two week low of $185.93 and a fifty-two week high of $243.60. The company has a 50 day simple moving average of $197.89 and a 200-day simple moving average of $213.04. The firm has a market capitalization of $6.93 billion, a P/E ratio of 22.17 and a beta of 0.14.

FTI Consulting (NYSE:FCN) last announced its earnings results on Thursday, October 24th. The business services provider reported $1.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.06 by ($0.21). FTI Consulting had a return on equity of 14.79% and a net margin of 8.37%. The company had revenue of $926.00 million for the quarter, compared to the consensus estimate of $946.16 million. During the same period in the prior year, the business earned $2.34 earnings per share. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. As a group, analysts expect that FTI Consulting, Inc. will post 8.1 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have weighed in on FCN. StockNews.com upgraded shares of FTI Consulting from a “hold” rating to a “buy” rating in a research report on Saturday, November 2nd. Truist Financial boosted their price objective on FTI Consulting from $255.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, September 25th.

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.