Diversify Wealth Management LLC Has $1.09 Million Holdings in FTI Consulting, Inc. (NYSE:FCN)

Diversify Wealth Management LLC lifted its holdings in shares of FTI Consulting, Inc. (NYSE:FCN) by 2.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,743 shares of the business services provider’s stock after purchasing an additional 132 shares during the period. Diversify Wealth Management LLC’s holdings in FTI Consulting were worth $1,089,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. UMB Bank n.a. lifted its holdings in shares of FTI Consulting by 76.6% during the third quarter. UMB Bank n.a. now owns 166 shares of the business services provider’s stock worth $38,000 after purchasing an additional 72 shares during the period. Signaturefd LLC lifted its holdings in shares of FTI Consulting by 65.9% during the second quarter. Signaturefd LLC now owns 204 shares of the business services provider’s stock worth $44,000 after purchasing an additional 81 shares during the period. Covestor Ltd lifted its holdings in shares of FTI Consulting by 76.4% during the first quarter. Covestor Ltd now owns 217 shares of the business services provider’s stock worth $46,000 after purchasing an additional 94 shares during the period. Versant Capital Management Inc lifted its holdings in shares of FTI Consulting by 593.8% during the second quarter. Versant Capital Management Inc now owns 222 shares of the business services provider’s stock worth $48,000 after purchasing an additional 190 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. lifted its holdings in shares of FTI Consulting by 284.1% during the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 242 shares of the business services provider’s stock worth $52,000 after purchasing an additional 179 shares during the period. Institutional investors and hedge funds own 99.36% of the company’s stock.

Analyst Upgrades and Downgrades

FCN has been the topic of several recent analyst reports. StockNews.com lowered shares of FTI Consulting from a “buy” rating to a “hold” rating in a report on Friday, October 25th. Truist Financial boosted their target price on shares of FTI Consulting from $255.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, September 25th.

FTI Consulting Price Performance

FCN stock opened at $200.88 on Thursday. The firm has a market cap of $7.17 billion, a price-to-earnings ratio of 23.36 and a beta of 0.10. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.03. FTI Consulting, Inc. has a 12-month low of $185.93 and a 12-month high of $243.60. The company’s fifty day simple moving average is $222.71 and its 200 day simple moving average is $219.31.

FTI Consulting (NYSE:FCN) last released its earnings results on Thursday, October 24th. The business services provider reported $1.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.06 by ($0.21). FTI Consulting had a net margin of 8.90% and a return on equity of 16.34%. The firm had revenue of $926.00 million during the quarter, compared to analyst estimates of $946.16 million. During the same quarter in the previous year, the firm earned $2.34 EPS. FTI Consulting’s quarterly revenue was up 3.7% on a year-over-year basis. On average, analysts expect that FTI Consulting, Inc. will post 8.48 earnings per share for the current year.

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.