Great West Life Assurance Co. Can Has $4.17 Million Stake in FTI Consulting, Inc. (NYSE:FCN)

Great West Life Assurance Co. Can increased its position in shares of FTI Consulting, Inc. (NYSE:FCN – Get Rating) by 13.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,202 shares of the business services provider’s stock after acquiring an additional 3,083 shares during the quarter. Great West Life Assurance Co. Can’s holdings in FTI Consulting were worth $4,173,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ronald Blue Trust Inc. bought a new position in FTI Consulting during the 2nd quarter worth approximately $26,000. Meeder Asset Management Inc. boosted its stake in FTI Consulting by 88.8% during the 2nd quarter. Meeder Asset Management Inc. now owns 253 shares of the business services provider’s stock worth $46,000 after acquiring an additional 119 shares during the last quarter. Castle Wealth Management LLC bought a new position in FTI Consulting during the 2nd quarter worth approximately $70,000. Venture Visionary Partners LLC bought a new position in FTI Consulting during the 2nd quarter worth approximately $83,000. Finally, Wipfli Financial Advisors LLC bought a new position in FTI Consulting during the 3rd quarter worth approximately $82,000.

Analysts Set New Price Targets

Several research analysts recently weighed in on FCN shares. StockNews.com started coverage on shares of FTI Consulting in a research note on Wednesday, October 12th. They set a “hold” rating on the stock. The Goldman Sachs Group began coverage on shares of FTI Consulting in a research note on Tuesday, January 10th. They issued a “neutral” rating and a $167.00 price target on the stock.

Insider Transactions at FTI Consulting

In other news, insider Paul Alderman Linton sold 1,000 shares of the business’s stock in a transaction on Friday, December 2nd. The shares were sold at an average price of $172.24, for a total value of $172,240.00. Following the sale, the insider now owns 42,056 shares of the company’s stock, valued at $7,243,725.44. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, Director Vernon James Ellis sold 1,500 shares of the business’s stock in a transaction on Friday, November 18th. The shares were 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 $4,974,286.92. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Paul Alderman Linton sold 1,000 shares of the business’s 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 transaction, the insider now owns 42,056 shares in the company, valued at $7,243,725.44. The disclosure for this sale can be found here. Insiders have sold a total of 10,500 shares of company stock valued at $1,726,180 over the last 90 days. 3.46% of the stock is owned by corporate insiders.

FTI Consulting Stock Performance

Shares of FCN opened at $159.54 on Monday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.15 and a current ratio of 2.15. FTI Consulting, Inc. has a twelve month low of $132.36 and a twelve month high of $190.43. The firm’s 50 day moving average price is $163.10 and its two-hundred day moving average price is $166.31. The firm has a market cap of $5.49 billion, a P/E ratio of 25.28 and a beta of 0.28.

FTI Consulting (NYSE:FCN – Get Rating) last announced its quarterly earnings results on Thursday, October 27th. The business services provider reported $2.15 earnings per share for the quarter, beating 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 firm had revenue of $775.87 million for the quarter, compared to analyst estimates of $776.06 million. On average, analysts forecast that FTI Consulting, Inc. will post 6.58 EPS for the current fiscal year.

FTI Consulting Profile

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FTI Consulting, Inc engages in the provision of financial, legal, operational, political and regulatory, reputational and transactional advisory services. It operates through the following segments: Corporate Finance and Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications.