JPMorgan Chase & Co. decreased its position in FTI Consulting, Inc. (NYSE:FCN – Free Report) by 29.0% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 64,417 shares of the business services provider’s stock after selling 26,286 shares during the period. JPMorgan Chase & Co. owned about 0.21% of FTI Consulting worth $10,414,000 as of its most recent filing with the SEC.
A number of other large investors have also recently bought and sold shares of FCN. Quent Capital LLC acquired a new stake in shares of FTI Consulting in the third quarter valued at approximately $28,000. Winnow Wealth LLC bought a new stake in shares of FTI Consulting in the third quarter worth $29,000. Caitong International Asset Management Co. Ltd boosted its holdings in FTI Consulting by 1,278.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 193 shares of the business services provider’s stock worth $31,000 after purchasing an additional 179 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in FTI Consulting in the first quarter valued at $33,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in FTI Consulting by 4,400.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 270 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 264 shares in the last quarter. Institutional investors and hedge funds own 99.36% of the company’s stock.
FTI Consulting Price Performance
Shares of FCN opened at $170.33 on Friday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.21. The company’s fifty day simple moving average is $169.12 and its 200 day simple moving average is $167.07. FTI Consulting, Inc. has a 1-year low of $149.31 and a 1-year high of $183.71. The company has a market cap of $5.21 billion, a price-to-earnings ratio of 20.65 and a beta of 0.09.
Analyst Upgrades and Downgrades
Several brokerages have commented on FCN. Wall Street Zen raised shares of FTI Consulting from a “hold” rating to a “buy” rating in a research report on Saturday, December 6th. Weiss Ratings restated a “hold (c)” rating on shares of FTI Consulting in a report on Monday, March 23rd. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $165.00.
Check Out Our Latest Stock Report on FTI Consulting
FTI Consulting Company Profile
FTI Consulting, Inc is a global business advisory firm providing multidisciplinary solutions designed to address complex challenges and strategic opportunities. The company’s primary service offerings encompass corporate finance & restructuring, economic consulting, forensic & litigation consulting, strategic communications, and technology. These capabilities enable clients to manage financial distress, navigate regulatory environments, resolve disputes, build trust with stakeholders, and leverage data-driven insights.
In its corporate finance & restructuring practice, FTI delivers restructuring, interim management, and transaction advisory services to companies facing operational or financial pressures.
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