Coldstream Capital Management Inc. Has $329,000 Stake in FTI Consulting, Inc. (NYSE:FCN)

Coldstream Capital Management Inc. Has 9,000 Stake in FTI Consulting, Inc. (NYSE:FCN)


Coldstream Capital Management Inc. increased its holdings in shares of FTI Consulting, Inc. (NYSE:FCN – Free Report) by 4.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,654 shares of the business services provider’s stock after purchasing an additional 64 shares during the quarter. Coldstream Capital Management Inc.’s holdings in FTI Consulting were worth $329,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in FCN. Securian Asset Management Inc. lifted its stake in FTI Consulting by 4.0% in the fourth quarter. Securian Asset Management Inc. now owns 2,997 shares of the business services provider’s stock valued at $597,000 after acquiring an additional 115 shares during the last quarter. Quadrant Capital Group LLC lifted its stake in FTI Consulting by 20.5% in the fourth quarter. Quadrant Capital Group LLC now owns 628 shares of the business services provider’s stock valued at $125,000 after acquiring an additional 107 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in FTI Consulting by 16.5% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 5,213 shares of the business services provider’s stock valued at $1,038,000 after acquiring an additional 737 shares during the last quarter. Principal Financial Group Inc. lifted its stake in FTI Consulting by 3.7% in the fourth quarter. Principal Financial Group Inc. now owns 130,473 shares of the business services provider’s stock valued at $25,984,000 after acquiring an additional 4,668 shares during the last quarter. Finally, Teacher Retirement System of Texas lifted its stake in FTI Consulting by 142.7% in the fourth quarter. Teacher Retirement System of Texas now owns 6,370 shares of the business services provider’s stock valued at $1,269,000 after acquiring an additional 3,745 shares during the last quarter. Institutional investors and hedge funds own 99.36% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the stock. StockNews.com cut shares of FTI Consulting from a “buy” rating to a “hold” rating in a research note on Friday, April 26th. Truist Financial increased their price target on shares of FTI Consulting from $240.00 to $255.00 and gave the company a “buy” rating in a research note on Friday, February 23rd. Finally, William Blair reissued an “outperform” rating on shares of FTI Consulting in a research report on Friday, April 26th.

Check Out Our Latest Analysis on FCN

FTI Consulting Price Performance

Shares of FCN opened at $220.78 on Friday. The firm has a market capitalization of $7.88 billion, a PE ratio of 25.67 and a beta of 0.10. The company’s 50-day moving average is $212.97 and its 200-day moving average is $208.33. FTI Consulting, Inc. has a fifty-two week low of $171.81 and a fifty-two week high of $232.15. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.46 and a quick ratio of 2.46.

FTI Consulting (NYSE:FCN – Get Free Report) last issued its quarterly earnings data on Thursday, April 25th. The business services provider reported $2.23 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.47. The company had revenue of $928.60 million for the quarter, compared to analyst estimates of $901.77 million. FTI Consulting had a net margin of 8.51% and a return on equity of 15.97%. The company’s revenue was up 15.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.34 earnings per share. Equities analysts forecast that FTI Consulting, Inc. will post 8.22 EPS for the current year.

Insider Buying and Selling

In related news, CFO Ajay Sabherwal sold 596 shares of the firm’s stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $226.13, for a total transaction of $134,773.48. Following the transaction, the chief financial officer now directly owns 13,455 shares of the company’s stock, valued at $3,042,579.15. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, insider Holly Paul sold 881 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $224.00, for a total transaction of $197,344.00. Following the transaction, the insider now directly owns 22,855 shares of the company’s stock, valued at $5,119,520. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Ajay Sabherwal sold 596 shares of the firm’s stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of $226.13, for a total transaction of $134,773.48. Following the transaction, the chief financial officer now directly owns 13,455 shares in the company, valued at $3,042,579.15. The disclosure for this sale can be found here. Over the last three months, insiders have sold 87,803 shares of company stock valued at $18,781,490. 2.51% of the stock is owned by company insiders.

FTI Consulting Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for FTI Consulting (NYSE:FCN)



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