Allspring Global Investments Holdings LLC Purchases 45,224 Shares of FTI Consulting, Inc. (NYSE:FCN)

Allspring Global Investments Holdings LLC boosted its position in FTI Consulting, Inc. (NYSE:FCN) by 1,215.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,945 shares of the business services provider’s stock after acquiring an additional 45,224 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.14% of FTI Consulting worth $9,291,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Mawer Investment Management Ltd. lifted its holdings in shares of FTI Consulting by 3.2% during the third quarter. Mawer Investment Management Ltd. now owns 3,916,333 shares of the business services provider’s stock worth $891,201,000 after purchasing an additional 123,177 shares during the period. Raymond James & Associates lifted its holdings in shares of 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 period. Montanaro Asset Management Ltd lifted its holdings in shares of FTI Consulting by 11.1% during the third quarter. Montanaro Asset Management Ltd now owns 30,000 shares of the business services provider’s stock worth $6,827,000 after purchasing an additional 3,000 shares during the period. Dakota Wealth Management lifted its holdings in shares of FTI Consulting by 570.2% during the fourth quarter. Dakota Wealth Management now owns 6,521 shares of the business services provider’s stock worth $1,246,000 after purchasing an additional 5,548 shares during the period. Finally, Financial Enhancement Group LLC lifted its holdings in shares of FTI Consulting by 92.0% during the fourth quarter. Financial Enhancement Group LLC now owns 46,569 shares of the business services provider’s stock worth $9,079,000 after purchasing an additional 22,310 shares during the period. 99.36% of the stock is owned by institutional investors.

FTI Consulting Trading Up 0.5 %

FCN opened at $188.61 on Wednesday. The company has a fifty day moving average price of $193.86 and a two-hundred day moving average price of $207.80. The company has a market cap of $6.78 billion, a P/E ratio of 21.68 and a beta of 0.15. FTI Consulting, Inc. has a 1-year low of $186.82 and a 1-year high of $243.60.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of FTI Consulting from a “hold” rating to a “buy” rating in a research note on Saturday, November 2nd.

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.