FTI Consulting, Inc. (NYSE:FCN) Shares Sold by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. cut its holdings in FTI Consulting, Inc. (NYSE:FCN - Free Report) by 4.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 208,143 shares of the business services provider's stock after selling 10,575 shares during the quarter. Fuller & Thaler Asset Management Inc. owned approximately 0.58% of FTI Consulting worth $39,782,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. grew its position in FTI Consulting by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 438,808 shares of the business services provider's stock worth $83,869,000 after purchasing an additional 8,032 shares during the period. Isthmus Partners LLC purchased a new stake in FTI Consulting during the fourth quarter valued at $447,000. Ieq Capital LLC grew its stake in shares of FTI Consulting by 214.4% during the 4th quarter. Ieq Capital LLC now owns 6,074 shares of the business services provider's stock valued at $1,161,000 after purchasing an additional 4,142 shares during the period. California Public Employees Retirement System lifted its stake in shares of FTI Consulting by 3.4% in the 4th quarter. California Public Employees Retirement System now owns 146,858 shares of the business services provider's stock worth $28,069,000 after purchasing an additional 4,853 shares during the period. Finally, Dakota Wealth Management boosted its holdings in shares of FTI Consulting by 570.2% in the fourth quarter. Dakota Wealth Management now owns 6,521 shares of the business services provider's stock worth $1,246,000 after buying an additional 5,548 shares during the last quarter. 99.36% of the stock is owned by hedge funds and other institutional investors.

FTI Consulting Stock Down 0.0 %

FCN traded down $0.03 during trading hours on Wednesday, reaching $164.29. 93,733 shares of the company's stock traded hands, compared to its average volume of 234,898. FTI Consulting, Inc. has a 52-week low of $151.75 and a 52-week high of $243.60. The firm has a market capitalization of $5.81 billion, a PE ratio of 21.06 and a beta of 0.21. The firm has a 50-day moving average price of $163.43 and a 200 day moving average price of $186.46.

FTI Consulting (NYSE:FCN - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The business services provider reported $2.29 earnings per share for the quarter, topping analysts' consensus estimates of $1.79 by $0.50. FTI Consulting had a net margin of 7.57% and a return on equity of 13.15%. The company had revenue of $898.28 million during the quarter, compared to analyst estimates of $906.93 million. During the same period in the prior year, the firm earned $2.23 earnings per share. The firm's revenue for the quarter was down 3.3% compared to the same quarter last year. Equities analysts predict that FTI Consulting, Inc. will post 8.55 EPS for the current fiscal year.

FTI Consulting announced that its Board of Directors has authorized a share repurchase plan on Thursday, April 24th that authorizes the company to buyback $400.00 million in outstanding shares. This buyback authorization authorizes the business services provider to purchase up to 6.9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on FCN. The Goldman Sachs Group lowered their target price on FTI Consulting from $194.00 to $173.00 and set a "neutral" rating on the stock in a research report on Friday, February 21st. Truist Financial lowered shares of FTI Consulting from a "buy" rating to a "hold" rating and dropped their price target for the stock from $225.00 to $178.00 in a research report on Wednesday, April 2nd. StockNews.com downgraded shares of FTI Consulting from a "buy" rating to a "hold" rating in a report on Thursday, April 3rd. Finally, William Blair restated an "outperform" rating on shares of FTI Consulting in a research report on Friday, April 25th.

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.