Bessemer Group Inc. cut its position in shares of FTI Consulting, Inc. (NYSE:FCN) by 87.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,016 shares of the business services provider’s stock after selling 309,178 shares during the quarter. Bessemer Group Inc. owned about 0.12% of FTI Consulting worth $1,562,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Riverhead Capital Management LLC increased its position in shares of FTI Consulting by 81.1% during the second quarter. Riverhead Capital Management LLC now owns 2,898 shares of the business services provider’s stock worth $101,000 after buying an additional 1,298 shares during the period. LS Investment Advisors LLC increased its position in shares of FTI Consulting by 17.4% during the second quarter. LS Investment Advisors LLC now owns 3,307 shares of the business services provider’s stock worth $116,000 after buying an additional 491 shares during the period. Public Employees Retirement System of Ohio increased its position in shares of FTI Consulting by 12.8% during the second quarter. Public Employees Retirement System of Ohio now owns 4,698 shares of the business services provider’s stock worth $164,000 after buying an additional 533 shares during the period. Amalgamated Bank increased its position in shares of FTI Consulting by 0.6% during the second quarter. Amalgamated Bank now owns 5,870 shares of the business services provider’s stock worth $205,000 after buying an additional 37 shares during the period. Finally, Capstone Asset Management Co. increased its position in shares of FTI Consulting by 4.9% during the second quarter. Capstone Asset Management Co. now owns 5,956 shares of the business services provider’s stock worth $208,000 after buying an additional 280 shares during the period. Institutional investors own 95.65% of the company’s stock.

A number of equities research analysts have commented on the stock. BidaskClub cut shares of FTI Consulting from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Zacks Investment Research cut shares of FTI Consulting from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, TheStreet upgraded shares of FTI Consulting from a “c” rating to a “b” rating in a report on Thursday, October 26th. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a strong buy rating to the company’s stock. FTI Consulting presently has a consensus rating of “Hold” and a consensus price target of $44.33.

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Shares of FTI Consulting, Inc. (NYSE FCN) opened at $40.60 on Wednesday. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.41. The company has a market cap of $1,563.06, a price-to-earnings ratio of 22.75 and a beta of 0.31. FTI Consulting, Inc. has a twelve month low of $31.65 and a twelve month high of $47.12.

FTI Consulting (NYSE:FCN) last posted its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.24. The business had revenue of $448.96 million during the quarter, compared to analysts’ expectations of $446.63 million. FTI Consulting had a net margin of 2.70% and a return on equity of 6.12%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the company posted $0.52 earnings per share. equities analysts predict that FTI Consulting, Inc. will post 2.06 EPS for the current fiscal year.

About FTI Consulting

FTI Consulting, Inc is a business advisory company. The Company operates through five segments: Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology and Strategic Communications. The Company provides advice and services, such as restructuring (including bankruptcy), capital formation and indebtedness, interim business management, performance improvements, forensic accounting and litigation matters, international arbitrations, mergers and acquisitions (M&A), antitrust and competition matters, securities litigation, electronic discovery (or e-discovery), management and retrieval of electronically stored information (ESI), reputation management and strategic communications.

Institutional Ownership by Quarter for FTI Consulting (NYSE:FCN)

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