Capital Insight Partners LLC Sells 9,956 Shares of FTI Consulting, Inc. $FCN

Key Points

• Capital Insight Partners LLC reduced its holdings in FTI Consulting, Inc. by 72.6%, selling 9,956 shares and leaving them with 3,764 shares worth $608,000 as of the last SEC filing.
• The company's recent quarterly earnings exceeded expectations, reporting $2.13 earnings per share against a consensus estimate of $1.87, alongside a revenue of $943.66 million.
• FTI Consulting's market cap stands at $5.22 billion, with shares currently trading at $161.29, reflecting a 0.4% increase in stock price.

Capital Insight Partners LLC lessened its position in shares of FTI Consulting, Inc. (NYSE:FCN - Free Report) by 72.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,764 shares of the business services provider's stock after selling 9,956 shares during the quarter. Capital Insight Partners LLC's holdings in FTI Consulting were worth $608,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of FCN. Isthmus Partners LLC grew its holdings in shares of FTI Consulting by 2.7% in the first quarter. Isthmus Partners LLC now owns 2,402 shares of the business services provider's stock valued at $394,000 after purchasing an additional 63 shares in the last quarter. State of Wyoming lifted its position in FTI Consulting by 5.1% during the first quarter. State of Wyoming now owns 1,453 shares of the business services provider's stock valued at $238,000 after purchasing an additional 70 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of FTI Consulting by 26.6% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 362 shares of the business services provider's stock worth $59,000 after buying an additional 76 shares in the last quarter. Signaturefd LLC grew its stake in shares of FTI Consulting by 65.3% in the 1st quarter. Signaturefd LLC now owns 205 shares of the business services provider's stock worth $34,000 after buying an additional 81 shares in the last quarter. Finally, Mayfair Advisory Group LLC increased its holdings in shares of FTI Consulting by 7.3% in the 1st quarter. Mayfair Advisory Group LLC now owns 1,309 shares of the business services provider's stock worth $215,000 after buying an additional 89 shares during the last quarter. 99.36% of the stock is owned by hedge funds and other institutional investors.

FTI Consulting Stock Up 0.4%

Shares of NYSE:FCN opened at $161.29 on Monday. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.25. FTI Consulting, Inc. has a 12 month low of $151.75 and a 12 month high of $231.65. The company has a 50-day moving average price of $166.56 and a 200 day moving average price of $164.52. The company has a market cap of $5.22 billion, a price-to-earnings ratio of 22.72 and a beta of 0.21.

FTI Consulting (NYSE:FCN - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The business services provider reported $2.13 earnings per share for the quarter, topping the consensus estimate of $1.87 by $0.26. The company had revenue of $943.66 million for the quarter, compared to analysts' expectations of $928.38 million. FTI Consulting had a return on equity of 12.88% and a net margin of 6.82%.The firm's revenue for the quarter was down .6% on a year-over-year basis. During the same period in the previous year, the firm posted $2.34 earnings per share. FTI Consulting has set its FY 2025 guidance at 7.800-8.400 EPS. As a group, equities research analysts predict that FTI Consulting, Inc. will post 8.55 earnings per share for the current 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.

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