Swiss National Bank Has $15.86 Million Stock Holdings in FTI Consulting, Inc. (NYSE:FCN)

Swiss National Bank lessened its position in FTI Consulting, Inc. (NYSE:FCN) by 0.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 69,700 shares of the business services provider’s stock after selling 400 shares during the period. Swiss National Bank owned about 0.19% of FTI Consulting worth $15,861,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in FCN. OneDigital Investment Advisors LLC lifted its position in FTI Consulting by 1.8% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,724 shares of the business services provider’s stock worth $1,530,000 after buying an additional 120 shares in the last quarter. Entropy Technologies LP lifted its position in FTI Consulting by 32.4% during the 3rd quarter. Entropy Technologies LP now owns 2,450 shares of the business services provider’s stock worth $558,000 after buying an additional 600 shares in the last quarter. Venturi Wealth Management LLC lifted its position in FTI Consulting by 82.1% during the 3rd quarter. Venturi Wealth Management LLC now owns 335 shares of the business services provider’s stock worth $76,000 after buying an additional 151 shares in the last quarter. Crossmark Global Holdings Inc. lifted its position in FTI Consulting by 176.5% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 6,454 shares of the business services provider’s stock worth $1,469,000 after buying an additional 4,120 shares in the last quarter. Finally, Colonial River Investments LLC acquired a new position in FTI Consulting during the 3rd quarter worth about $392,000. Institutional investors and hedge funds own 99.36% of the company’s stock.

FTI Consulting Trading Up 1.9 %

Shares of NYSE:FCN opened at $201.91 on Friday. The stock has a market capitalization of $7.26 billion, a P/E ratio of 23.12 and a beta of 0.12. FTI Consulting, Inc. has a 1-year low of $185.93 and a 1-year high of $243.60. The business has a 50-day moving average price of $214.84 and a two-hundred day moving average price of $217.79.

FTI Consulting (NYSE:FCN) last announced its quarterly earnings data on Thursday, October 24th. The business services provider reported $1.85 earnings per share for the quarter, missing the consensus estimate of $2.06 by ($0.21). The firm had revenue of $926.00 million for the quarter, compared to the consensus estimate of $946.16 million. FTI Consulting had a return on equity of 14.79% and a net margin of 8.37%. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.34 earnings per share. As a group, equities analysts predict that FTI Consulting, Inc. will post 8.1 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on FCN shares. Truist Financial upped their price target on shares of FTI Consulting from $255.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, September 25th. StockNews.com raised FTI Consulting from a “hold” rating to a “buy” rating in a report on Saturday, November 2nd.

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.