CW Advisors LLC Reduces Holdings in FTI Consulting, Inc. $FCN

CW Advisors LLC decreased its holdings in FTI Consulting, Inc. (NYSE:FCN) by 67.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,901 shares of the business services provider’s stock after selling 29,345 shares during the quarter. CW Advisors LLC’s holdings in FTI Consulting were worth $2,281,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Principal Financial Group Inc. boosted its holdings in shares of FTI Consulting by 0.4% in the first quarter. Principal Financial Group Inc. now owns 81,271 shares of the business services provider’s stock worth $13,335,000 after buying an additional 302 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of FTI Consulting in the first quarter worth approximately $30,000. Black Diamond Financial LLC purchased a new position in shares of FTI Consulting in the first quarter worth approximately $328,000. GAMMA Investing LLC boosted its holdings in shares of FTI Consulting by 7,936.5% in the first quarter. GAMMA Investing LLC now owns 39,379 shares of the business services provider’s stock worth $6,461,000 after buying an additional 38,889 shares during the last quarter. Finally, Two Sigma Investments LP purchased a new position in shares of FTI Consulting in the fourth quarter worth approximately $442,000. Hedge funds and other institutional investors own 99.36% of the company’s stock.

FTI Consulting Stock Performance

FCN opened at $168.0430 on Monday. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.25. The company has a market cap of $5.44 billion, a price-to-earnings ratio of 23.67 and a beta of 0.18. The company’s 50 day moving average is $165.75 and its 200 day moving average is $166.20. FTI Consulting, Inc. has a 12-month low of $151.75 and a 12-month high of $231.65.

FTI Consulting (NYSE:FCN) last posted its quarterly earnings data on Thursday, July 24th. The business services provider reported $2.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $0.26. FTI Consulting had a net margin of 6.82% and a return on equity of 12.88%. The company had revenue of $943.66 million for the quarter, compared to the consensus estimate of $928.38 million. During the same quarter last year, the firm posted $2.34 earnings per share. The firm’s revenue was down .6% compared to the same quarter last year. FTI Consulting has set its FY 2025 guidance at 7.800-8.400 EPS. On average, equities research analysts predict that FTI Consulting, Inc. will post 8.55 EPS for the current year.

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.