Bank of Nova Scotia reduced its stake in FTI Consulting, Inc. (NYSE:FCN – Get Rating) by 12.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,933 shares of the business services provider’s stock after selling 671 shares during the quarter. Bank of Nova Scotia’s holdings in FTI Consulting were worth $892,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of the stock. Truist Financial Corp increased its stake in shares of FTI Consulting by 88.7% during the first quarter. Truist Financial Corp now owns 6,092 shares of the business services provider’s stock worth $958,000 after acquiring an additional 2,863 shares during the period. SG Americas Securities LLC boosted its holdings in FTI Consulting by 87.7% in the 1st quarter. SG Americas Securities LLC now owns 20,069 shares of the business services provider’s stock valued at $3,155,000 after purchasing an additional 9,379 shares in the last quarter. Signaturefd LLC increased its position in FTI Consulting by 132.5% during the 1st quarter. Signaturefd LLC now owns 193 shares of the business services provider’s stock worth $30,000 after purchasing an additional 110 shares during the period. Steward Partners Investment Advisory LLC raised its stake in shares of FTI Consulting by 7.9% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 968 shares of the business services provider’s stock worth $152,000 after buying an additional 71 shares in the last quarter. Finally, Mutual of America Capital Management LLC lifted its holdings in shares of FTI Consulting by 2.0% in the 1st quarter. Mutual of America Capital Management LLC now owns 31,268 shares of the business services provider’s stock valued at $4,916,000 after buying an additional 602 shares during the period.
FTI Consulting Stock Down 2.1 %
Shares of NYSE FCN opened at $168.78 on Friday. The stock has a market capitalization of $5.81 billion, a price-to-earnings ratio of 26.75 and a beta of 0.22. FTI Consulting, Inc. has a 52 week low of $132.36 and a 52 week high of $190.43. The firm has a 50-day moving average price of $166.37 and a 200 day moving average price of $168.23. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.19.
Analysts Set New Price Targets
Insider Buying and Selling at FTI Consulting
In other news, Director Claudio Costamagna sold 8,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 8th. The stock was sold at an average price of $162.00, for a total transaction of $1,296,000.00. Following the sale, the director now owns 38,818 shares of the company’s stock, valued at approximately $6,288,516. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.46% of the stock is currently owned by corporate insiders.
FTI Consulting Company Profile
FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company operates through five segments: Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications.
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