Oakworth Capital Inc. Trims Stock Holdings in FTI Consulting, Inc. (NYSE:FCN)

Oakworth Capital Inc. reduced its holdings in FTI Consulting, Inc. (NYSE:FCN) by 7.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,670 shares of the business services provider’s stock after selling 206 shares during the quarter. Oakworth Capital Inc.’s holdings in FTI Consulting were worth $510,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. Creative Planning boosted its holdings in FTI Consulting by 28.7% in the second quarter. Creative Planning now owns 5,667 shares of the business services provider’s stock valued at $1,221,000 after purchasing an additional 1,264 shares during the last quarter. Truist Financial Corp lifted its holdings in shares of FTI Consulting by 2.1% in the 2nd quarter. Truist Financial Corp now owns 3,757 shares of the business services provider’s stock worth $810,000 after purchasing an additional 76 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in FTI Consulting in the 2nd quarter valued at approximately $1,175,000. GAMMA Investing LLC increased its position in FTI Consulting by 35.0% in the 3rd quarter. GAMMA Investing LLC now owns 598 shares of the business services provider’s stock valued at $136,000 after acquiring an additional 155 shares during the period. Finally, Tilia Fiduciary Partners Inc. increased its position in FTI Consulting by 3.6% in the 3rd quarter. Tilia Fiduciary Partners Inc. now owns 10,501 shares of the business services provider’s stock valued at $2,390,000 after acquiring an additional 367 shares during the period. 99.36% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised FTI Consulting from a “hold” rating to a “buy” rating in a research note on Saturday, November 2nd.

FTI Consulting Stock Performance

Shares of FTI Consulting stock opened at $194.66 on Thursday. The firm has a fifty day moving average of $195.50 and a two-hundred day moving average of $209.80. The stock has a market capitalization of $7.00 billion, a price-to-earnings ratio of 22.37 and a beta of 0.15. FTI Consulting, Inc. has a 52 week low of $185.93 and a 52 week high of $243.60.

FTI Consulting Profile

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.