FTI Consulting Inc. (NYSE:FCN) Director Vernon James Ellis sold 5,000 shares of the business’s stock in a transaction on Wednesday, November 23rd. The shares were sold at an average price of $43.32, for a total transaction of $216,600.00. Following the transaction, the director now directly owns 14,933 shares of the company’s stock, valued at approximately $646,897.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

FTI Consulting Inc. (NYSE:FCN) traded down 0.62% during midday trading on Monday, reaching $43.29. 146,959 shares of the company traded hands. The company has a 50-day moving average price of $42.61 and a 200-day moving average price of $42.63. The company has a market cap of $1.79 billion, a price-to-earnings ratio of 20.43 and a beta of 0.29. FTI Consulting Inc. has a 12-month low of $29.91 and a 12-month high of $45.23.

FTI Consulting (NYSE:FCN) last issued its quarterly earnings results on Thursday, October 27th. The company reported $0.52 EPS for the quarter, hitting analysts’ consensus estimates of $0.52. FTI Consulting had a return on equity of 7.86% and a net margin of 4.90%. The company earned $438.04 million during the quarter, compared to analyst estimates of $452.70 million. During the same period in the previous year, the company earned $0.53 earnings per share. The company’s quarterly revenue was down 3.8% compared to the same quarter last year. On average, analysts predict that FTI Consulting Inc. will post $2.28 earnings per share for the current fiscal year.

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FCN has been the subject of several analyst reports. Deutsche Bank AG initiated coverage on shares of FTI Consulting in a report on Wednesday, August 17th. They set a “hold” rating and a $44.00 price target for the company. Avondale Partners downgraded shares of FTI Consulting from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $50.00 to $45.00 in a report on Monday, October 31st. Finally, Zacks Investment Research downgraded shares of FTI Consulting from a “hold” rating to a “sell” rating in a report on Wednesday, September 21st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $45.33.

Several hedge funds and other institutional investors have recently modified their holdings of FCN. Northwestern Mutual Investment Management Company LLC raised its position in shares of FTI Consulting by 0.6% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 7,155 shares of the company’s stock worth $291,000 after buying an additional 40 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of FTI Consulting by 0.3% in the third quarter. Wells Fargo & Company MN now owns 14,779 shares of the company’s stock worth $658,000 after buying an additional 44 shares during the last quarter. Alpha Windward LLC raised its position in shares of FTI Consulting by 0.6% in the third quarter. Alpha Windward LLC now owns 10,140 shares of the company’s stock worth $452,000 after buying an additional 60 shares during the last quarter. Suntrust Banks Inc. raised its position in shares of FTI Consulting by 1.2% in the second quarter. Suntrust Banks Inc. now owns 6,862 shares of the company’s stock worth $278,000 after buying an additional 81 shares during the last quarter. Finally, State Treasurer State of Michigan raised its position in shares of FTI Consulting by 0.6% in the second quarter. State Treasurer State of Michigan now owns 16,600 shares of the company’s stock worth $675,000 after buying an additional 100 shares during the last quarter. Institutional investors and hedge funds own 93.87% of the company’s stock.

FTI Consulting Company Profile

FTI Consulting, Inc (FTI Consulting) is a business advisory firm. The Company operates through five segments: Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology and Strategic Communications. Its Corporate Finance & Restructuring segment focuses on strategic, operational, financial and capital needs of businesses around the world.

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