Tilia Fiduciary Partners Inc. Purchases 367 Shares of FTI Consulting, Inc. (NYSE:FCN)

Tilia Fiduciary Partners Inc. increased its holdings in FTI Consulting, Inc. (NYSE:FCN) by 3.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,501 shares of the business services provider’s stock after acquiring an additional 367 shares during the period. FTI Consulting comprises approximately 1.7% of Tilia Fiduciary Partners Inc.’s portfolio, making the stock its 22nd biggest holding. Tilia Fiduciary Partners Inc.’s holdings in FTI Consulting were worth $2,390,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Mawer Investment Management Ltd. grew its stake in FTI Consulting by 4.1% in the 1st quarter. Mawer Investment Management Ltd. now owns 3,810,200 shares of the business services provider’s stock valued at $801,247,000 after purchasing an additional 149,722 shares during the period. Vanguard Group Inc. increased its holdings in FTI Consulting by 4.7% during the fourth quarter. Vanguard Group Inc. now owns 3,535,586 shares of the business services provider’s stock worth $704,112,000 after buying an additional 157,206 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in FTI Consulting by 3.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,187,469 shares of the business services provider’s stock worth $249,714,000 after buying an additional 35,599 shares during the last quarter. Dimensional Fund Advisors LP raised its position in FTI Consulting by 6.0% in the second quarter. Dimensional Fund Advisors LP now owns 692,044 shares of the business services provider’s stock worth $149,164,000 after acquiring an additional 39,271 shares during the period. Finally, Greenvale Capital LLP boosted its stake in FTI Consulting by 30.9% in the second quarter. Greenvale Capital LLP now owns 360,000 shares of the business services provider’s stock valued at $77,591,000 after acquiring an additional 85,000 shares during the last quarter. 99.36% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at FTI Consulting

In related news, Director Mark S. Bartlett sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $227.12, for a total transaction of $454,240.00. Following the sale, the director now owns 26,099 shares of the company’s stock, valued at approximately $5,927,604.88. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.51% of the company’s stock.

FTI Consulting Stock Performance

FTI Consulting stock traded up $0.95 during mid-day trading on Wednesday, reaching $223.42. The company’s stock had a trading volume of 9,153 shares, compared to its average volume of 169,073. The company has a market capitalization of $7.98 billion, a P/E ratio of 25.87 and a beta of 0.10. The firm’s fifty day moving average price is $222.76 and its two-hundred day moving average price is $218.06. FTI Consulting, Inc. has a 12-month low of $181.25 and a 12-month high of $243.60. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.20 and a current ratio of 2.20.

FTI Consulting (NYSE:FCN) last released its quarterly earnings data on Thursday, July 25th. The business services provider reported $2.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.02 by $0.32. FTI Consulting had a return on equity of 16.34% and a net margin of 8.90%. The company had revenue of $949.16 million for the quarter, compared to analyst estimates of $938.67 million. During the same period in the previous year, the company posted $1.75 EPS. The firm’s revenue for the quarter was up 9.8% compared to the same quarter last year. Sell-side analysts predict that FTI Consulting, Inc. will post 8.48 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on FCN shares. William Blair reaffirmed an “outperform” rating on shares of FTI Consulting in a report on Tuesday, June 25th. Truist Financial upped their price target on FTI Consulting from $255.00 to $275.00 and gave the company a “buy” rating in a research report on Wednesday, September 25th. Finally, StockNews.com upgraded FTI Consulting from a “hold” rating to a “buy” rating in a research note on Thursday, July 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.