FTI Consulting, Inc. (NYSE:FCN) Shares Sold by Stephens Investment Management Group LLC

Stephens Investment Management Group LLC lowered its stake in FTI Consulting, Inc. (NYSE:FCN) by 0.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 474,292 shares of the business services provider’s stock after selling 744 shares during the period. FTI Consulting accounts for 1.2% of Stephens Investment Management Group LLC’s holdings, making the stock its 17th biggest position. Stephens Investment Management Group LLC owned 1.32% of FTI Consulting worth $90,651,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Upgrades and Downgrades

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

FTI Consulting Stock Performance

Shares of FTI Consulting stock opened at $193.88 on Friday. The firm has a 50-day simple moving average of $195.12 and a two-hundred day simple moving average of $209.43. FTI Consulting, Inc. has a fifty-two week low of $185.93 and a fifty-two week high of $243.60. The company has a market cap of $6.97 billion, a P/E ratio of 22.28 and a beta of 0.15.

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.