Toronto Dominion Bank raised its stake in FTI Consulting, Inc. (NYSE:FCN – Free Report) by 34.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,045 shares of the business services provider’s stock after purchasing an additional 1,033 shares during the quarter. Toronto Dominion Bank’s holdings in FTI Consulting were worth $920,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in FCN. Mawer Investment Management Ltd. raised its holdings in 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 last quarter. CWA Asset Management Group LLC purchased a new position in FTI Consulting during the third quarter worth about $23,351,000. American Century Companies Inc. boosted its position in shares of FTI Consulting by 76.3% in the second quarter. American Century Companies Inc. now owns 224,744 shares of the business services provider’s stock worth $48,439,000 after acquiring an additional 97,244 shares during the last quarter. Greenvale Capital LLP boosted its holdings in shares of FTI Consulting by 30.9% in the 2nd quarter. Greenvale Capital LLP now owns 360,000 shares of the business services provider’s stock valued at $77,591,000 after purchasing an additional 85,000 shares during the last quarter. Finally, Mountain Pacific Investment Advisers LLC boosted its holdings in FTI Consulting by 563.7% in the third quarter. Mountain Pacific Investment Advisers LLC now owns 66,373 shares of the business services provider’s stock valued at $15,104,000 after acquiring an additional 56,373 shares during the last quarter. Hedge funds and other institutional investors own 99.36% of the company’s stock.
FTI Consulting Trading Up 0.3 %
Shares of NYSE FCN opened at $199.19 on Tuesday. The company has a market cap of $7.16 billion, a price-to-earnings ratio of 22.90 and a beta of 0.12. FTI Consulting, Inc. has a 12-month low of $185.93 and a 12-month high of $243.60. The stock’s 50 day simple moving average is $206.69 and its 200 day simple moving average is $215.49.
Analysts Set New Price Targets
Several brokerages recently issued reports on FCN. Truist Financial increased their price target on FTI Consulting from $255.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, September 25th. StockNews.com raised shares of FTI Consulting from a “hold” rating to a “buy” rating in a report on Saturday, November 2nd.
Read Our Latest Stock Analysis on FCN
About FTI Consulting
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.
Featured Articles
- Five stocks we like better than FTI Consulting
- Are Penny Stocks a Good Fit for Your Portfolio?
- Semtech Stock Climbs as AI Boom Drives Turnaround Success
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- 3 Companies Leading the Way With Aggressive Stock Buybacks
- Overbought Stocks Explained: Should You Trade Them?
- Is It Time to Buy Nuclear Energy Stocks After the Latest Dip?
Want to see what other hedge funds are holding FCN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FTI Consulting, Inc. (NYSE:FCN – Free Report).
Receive News & Ratings for FTI Consulting Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FTI Consulting and related companies with MarketBeat.com's FREE daily email newsletter.