Ronald Blue Trust Inc. Raises Stock Position in FTI Consulting, Inc. (NYSE:FCN)

Ronald Blue Trust Inc. boosted its stake in shares of FTI Consulting, Inc. (NYSE:FCN – Get Rating) by 54.8% during the 3rd quarter, Holdings Channel reports. The firm owned 260 shares of the business services provider’s stock after acquiring an additional 92 shares during the quarter. Ronald Blue Trust Inc.’s holdings in FTI Consulting were worth $47,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of FCN. Ophir Asset Management Pty Ltd acquired a new stake in FTI Consulting during the 2nd quarter valued at approximately $27,328,000. Loomis Sayles & Co. L P purchased a new stake in FTI Consulting in the 1st quarter worth $52,036,000. Driehaus Capital Management LLC purchased a new stake in FTI Consulting in the 2nd quarter worth $59,519,000. Scout Investments Inc. purchased a new stake in shares of FTI Consulting during the second quarter worth $59,289,000. Finally, Neuberger Berman Group LLC grew its holdings in shares of FTI Consulting by 7.6% during the first quarter. Neuberger Berman Group LLC now owns 1,229,258 shares of the business services provider’s stock worth $193,264,000 after buying an additional 86,580 shares in the last quarter.

FTI Consulting Stock Down 0.0 %

Shares of NYSE:FCN opened at $161.82 on Thursday. The stock has a market cap of $5.57 billion, a price-to-earnings ratio of 25.65 and a beta of 0.28. FTI Consulting, Inc. has a fifty-two week low of $132.36 and a fifty-two week high of $190.43. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.19. The firm’s 50 day moving average price is $162.62 and its 200 day moving average price is $167.75.

FTI Consulting (NYSE:FCN – Get Rating) last announced its earnings results on Thursday, October 27th. The business services provider reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.11. FTI Consulting had a net margin of 7.72% and a return on equity of 14.07%. The business had revenue of $775.87 million for the quarter, compared to analyst estimates of $776.06 million. As a group, equities research analysts predict that FTI Consulting, Inc. will post 6.59 earnings per share for the current fiscal year.

Insider Buying and Selling at FTI Consulting

In other FTI Consulting news, insider Paul Alderman Linton sold 1,000 shares of the firm’s stock in a transaction on Friday, December 2nd. The stock was sold at an average price of $172.24, for a total value of $172,240.00. Following the completion of the sale, the insider now owns 42,056 shares of the company’s stock, valued at $7,243,725.44. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, insider Paul Alderman Linton sold 1,000 shares of FTI Consulting stock in a transaction on Friday, December 2nd. The stock was sold at an average price of $172.24, for a total transaction of $172,240.00. Following the completion of the transaction, the insider now owns 42,056 shares of the company’s stock, valued at approximately $7,243,725.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Vernon James Ellis sold 1,500 shares of FTI Consulting stock in a transaction dated Friday, November 18th. The stock was sold at an average price of $171.96, for a total value of $257,940.00. Following the sale, the director now owns 28,927 shares of the company’s stock, valued at approximately $4,974,286.92. The disclosure for this sale can be found here. Over the last quarter, insiders sold 10,500 shares of company stock valued at $1,726,180. 3.46% of the stock is owned by company insiders.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of FTI Consulting in a report on Wednesday, October 12th. They issued a “hold” rating for the company.

FTI Consulting Profile

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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.