Entropy Technologies LP Raises Holdings in FTI Consulting, Inc. (NYSE:FCN)

Entropy Technologies LP lifted its position in shares of FTI Consulting, Inc. (NYSE:FCN) by 44.7% in the 4th quarter, Holdings Channel reports. The fund owned 3,544 shares of the business services provider’s stock after buying an additional 1,094 shares during the quarter. Entropy Technologies LP’s holdings in FTI Consulting were worth $677,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. UMB Bank n.a. lifted its holdings in FTI Consulting by 76.6% during the third quarter. UMB Bank n.a. now owns 166 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 72 shares during the last quarter. Truist Financial Corp boosted its holdings in shares of FTI Consulting by 2.1% in the second quarter. Truist Financial Corp now owns 3,757 shares of the business services provider’s stock worth $810,000 after acquiring an additional 76 shares during the period. Exchange Traded Concepts LLC grew its position in shares of FTI Consulting by 2.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 3,435 shares of the business services provider’s stock valued at $657,000 after purchasing an additional 85 shares in the last quarter. Cabot Wealth Management Inc. raised its stake in shares of FTI Consulting by 0.6% during the 3rd quarter. Cabot Wealth Management Inc. now owns 15,271 shares of the business services provider’s stock valued at $3,475,000 after purchasing an additional 94 shares during the period. Finally, Portside Wealth Group LLC lifted its holdings in FTI Consulting by 6.9% during the 3rd quarter. Portside Wealth Group LLC now owns 1,563 shares of the business services provider’s stock worth $356,000 after purchasing an additional 101 shares in the last quarter. Hedge funds and other institutional investors own 99.36% of the company’s stock.

FTI Consulting Price Performance

NYSE FCN opened at $193.03 on Wednesday. The stock has a market capitalization of $6.94 billion, a PE ratio of 22.19 and a beta of 0.15. FTI Consulting, Inc. has a 1 year low of $185.93 and a 1 year high of $243.60. The company’s 50 day simple moving average is $194.74 and its two-hundred day simple moving average is $208.71.

Wall Street Analyst Weigh In

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

FTI Consulting Company 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.