First Bank & Trust Has $234,000 Stake in FTI Consulting, Inc. (NYSE:FCN)

First Bank & Trust trimmed its stake in FTI Consulting, Inc. (NYSE:FCN) by 4.3% in the second quarter, HoldingsChannel.com reports. The firm owned 1,232 shares of the business services provider’s stock after selling 56 shares during the period. First Bank & Trust’s holdings in FTI Consulting were worth $234,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of FCN. Bank of Montreal Can grew its holdings in FTI Consulting by 270.4% during the 1st quarter. Bank of Montreal Can now owns 13,865 shares of the business services provider’s stock worth $2,195,000 after acquiring an additional 10,122 shares during the period. MetLife Investment Management LLC grew its holdings in FTI Consulting by 33.4% during the 1st quarter. MetLife Investment Management LLC now owns 22,159 shares of the business services provider’s stock worth $3,484,000 after acquiring an additional 5,542 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in FTI Consulting by 10.5% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,566 shares of the business services provider’s stock worth $1,976,000 after acquiring an additional 1,198 shares during the period. Great West Life Assurance Co. Can grew its holdings in FTI Consulting by 8.3% during the 1st quarter. Great West Life Assurance Co. Can now owns 19,575 shares of the business services provider’s stock worth $3,168,000 after acquiring an additional 1,505 shares during the period. Finally, Yousif Capital Management LLC grew its holdings in FTI Consulting by 1.6% during the 1st quarter. Yousif Capital Management LLC now owns 19,080 shares of the business services provider’s stock worth $3,000,000 after acquiring an additional 308 shares during the period.

Insider Activity at FTI Consulting

In other FTI Consulting news, CEO Steven Henry Gunby sold 34,159 shares of FTI Consulting stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $182.92, for a total transaction of $6,248,364.28. Following the transaction, the chief executive officer now owns 375,823 shares of the company’s stock, valued at approximately $68,745,543.16. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other FTI Consulting news, Director Brenda J. Bacon sold 3,991 shares of FTI Consulting stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $191.45, for a total transaction of $764,076.95. Following the transaction, the director now owns 14,172 shares of the company’s stock, valued at approximately $2,713,229.40. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Steven Henry Gunby sold 34,159 shares of FTI Consulting stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $182.92, for a total transaction of $6,248,364.28. Following the transaction, the chief executive officer now directly owns 375,823 shares in the company, valued at approximately $68,745,543.16. The disclosure for this sale can be found here. In the last quarter, insiders have sold 90,897 shares of company stock valued at $16,658,744. 3.34% of the stock is owned by corporate insiders.

FTI Consulting Price Performance

Shares of NYSE FCN opened at $186.57 on Tuesday. FTI Consulting, Inc. has a fifty-two week low of $140.09 and a fifty-two week high of $205.63. The stock has a market cap of $6.34 billion, a price-to-earnings ratio of 28.40 and a beta of 0.21. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.30 and a current ratio of 2.30. The firm’s 50-day simple moving average is $186.57 and its 200 day simple moving average is $188.92.

FTI Consulting (NYSE:FCN) last announced its quarterly earnings results on Thursday, July 27th. The business services provider reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.19. FTI Consulting had a net margin of 7.29% and a return on equity of 14.12%. The business had revenue of $864.59 million for the quarter, compared to analysts’ expectations of $821.85 million. As a group, research analysts anticipate that FTI Consulting, Inc. will post 6.74 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. StockNews.com assumed coverage on shares of FTI Consulting in a research report on Thursday, August 17th. They set a “hold” rating on the stock. William Blair reissued an “outperform” rating on shares of FTI Consulting in a research report on Wednesday, September 13th.

About FTI Consulting

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.