Crossmark Global Holdings Inc. Has $1.08 Million Holdings in FTI Consulting, Inc. (NYSE:FCN)

Crossmark Global Holdings Inc. cut its stake in FTI Consulting, Inc. (NYSE:FCN) by 12.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,635 shares of the business services provider’s stock after selling 819 shares during the period. Crossmark Global Holdings Inc.’s holdings in FTI Consulting were worth $1,077,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Prospera Private Wealth LLC bought a new stake in shares of FTI Consulting during the third quarter worth $34,000. Wilmington Savings Fund Society FSB acquired a new position in FTI Consulting during the 3rd quarter valued at about $35,000. Quarry LP boosted its stake in shares of FTI Consulting by 337.8% in the 3rd quarter. Quarry LP now owns 162 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 125 shares during the last quarter. UMB Bank n.a. grew its position in shares of FTI Consulting by 76.6% during the 3rd quarter. UMB Bank n.a. now owns 166 shares of the business services provider’s stock worth $38,000 after buying an additional 72 shares during the period. Finally, True Wealth Design LLC bought a new stake in shares of FTI Consulting during the third quarter worth approximately $38,000. 99.36% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

FTI Consulting Trading Down 0.4 %

NYSE FCN opened at $191.08 on Friday. FTI Consulting, Inc. has a 12 month low of $185.93 and a 12 month high of $243.60. The company has a market capitalization of $6.87 billion, a PE ratio of 21.96 and a beta of 0.14. The stock has a 50-day simple moving average of $196.27 and a 200 day simple moving average of $211.35.

FTI Consulting (NYSE:FCN) last released its quarterly earnings data on Thursday, October 24th. The business services provider reported $1.85 earnings per share for the quarter, missing the consensus estimate of $2.06 by ($0.21). FTI Consulting had a return on equity of 14.79% and a net margin of 8.37%. The firm had revenue of $926.00 million for the quarter, compared to the consensus estimate of $946.16 million. During the same period in the previous year, the business earned $2.34 EPS. The firm’s revenue was up 3.7% compared to the same quarter last year. As a group, sell-side analysts predict that FTI Consulting, Inc. will post 8.1 earnings per share for the current fiscal year.

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.