GHP Investment Advisors Inc. Reduces Stock Position in FTI Consulting, Inc. (NYSE:FCN)

GHP Investment Advisors Inc. lessened its stake in FTI Consulting, Inc. (NYSE:FCN) by 1.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 26,129 shares of the business services provider’s stock after selling 464 shares during the quarter. GHP Investment Advisors Inc.’s holdings in FTI Consulting were worth $4,994,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in FCN. Mawer Investment Management Ltd. raised its holdings 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 acquiring an additional 123,177 shares during the period. Raymond James & Associates increased its position in FTI Consulting by 3.6% during the third quarter. Raymond James & Associates now owns 143,305 shares of the business services provider’s stock worth $32,610,000 after purchasing an additional 5,044 shares during the last quarter. Montanaro Asset Management Ltd grew its stake in shares of FTI Consulting by 11.1% in the 3rd quarter. Montanaro Asset Management Ltd now owns 30,000 shares of the business services provider’s stock valued at $6,827,000 after buying an additional 3,000 shares during the period. Dakota Wealth Management increased its holdings in shares of FTI Consulting by 570.2% during the 4th quarter. Dakota Wealth Management now owns 6,521 shares of the business services provider’s stock worth $1,246,000 after buying an additional 5,548 shares during the last quarter. Finally, Financial Enhancement Group LLC increased its holdings in shares of FTI Consulting by 92.0% during the 4th quarter. Financial Enhancement Group LLC now owns 46,569 shares of the business services provider’s stock worth $9,079,000 after buying an additional 22,310 shares during the last quarter. Hedge funds and other institutional investors own 99.36% of the company’s stock.

Analysts Set New Price Targets

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

FTI Consulting Trading Down 0.8 %

Shares of FCN opened at $193.29 on Friday. The company’s 50-day moving average price is $195.29 and its 200 day moving average price is $209.69. FTI Consulting, Inc. has a 12-month low of $185.93 and a 12-month high of $243.60. The firm has a market cap of $6.95 billion, a P/E ratio of 22.22 and a beta of 0.15.

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.