Whittier Trust Co. Sells 407 Shares of FTI Consulting, Inc. (NYSE:FCN)

Whittier Trust Co. lowered its position in FTI Consulting, Inc. (NYSE:FCN) by 31.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 882 shares of the business services provider’s stock after selling 407 shares during the period. Whittier Trust Co.’s holdings in FTI Consulting were worth $169,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new position in FTI Consulting in the 3rd quarter worth $35,000. Quarry LP boosted its holdings in FTI Consulting by 337.8% in the 3rd quarter. Quarry LP now owns 162 shares of the business services provider’s stock worth $37,000 after buying an additional 125 shares during the period. True Wealth Design LLC purchased a new stake in FTI Consulting in the 3rd quarter worth $38,000. Jones Financial Companies Lllp lifted its stake in FTI Consulting by 394.0% in the 4th quarter. Jones Financial Companies Lllp now owns 247 shares of the business services provider’s stock worth $47,000 after purchasing an additional 197 shares in the last quarter. Finally, UMB Bank n.a. lifted its stake in FTI Consulting by 59.6% in the 4th quarter. UMB Bank n.a. now owns 265 shares of the business services provider’s stock worth $51,000 after purchasing an additional 99 shares in the last quarter. Institutional investors own 99.36% of the company’s stock.

FTI Consulting Trading Down 1.2 %

Shares of NYSE FCN opened at $160.02 on Monday. The firm’s 50-day moving average price is $180.70 and its 200-day moving average price is $198.49. The stock has a market capitalization of $5.75 billion, a price-to-earnings ratio of 20.52 and a beta of 0.14. FTI Consulting, Inc. has a 12-month low of $158.88 and a 12-month high of $243.60.

FTI Consulting (NYSE:FCN) last announced its earnings results on Thursday, February 20th. The business services provider reported $1.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.73 by ($0.17). The business had revenue of $894.92 million for the quarter, compared to analysts’ expectations of $913.70 million. FTI Consulting had a net margin of 7.57% and a return on equity of 13.15%. On average, equities analysts predict that FTI Consulting, Inc. will post 8.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on FCN. The Goldman Sachs Group decreased their price target on shares of FTI Consulting from $194.00 to $173.00 and set a “neutral” rating on the stock in a research note on Friday, February 21st. Truist Financial decreased their price target on shares of FTI Consulting from $275.00 to $225.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. Finally, StockNews.com upgraded shares of FTI Consulting from a “hold” rating to a “buy” rating in a research note on Thursday.

FTI Consulting Company 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.