UMB Bank n.a. Buys 317 Shares of FTI Consulting, Inc. $FCN

UMB Bank n.a. raised its stake in FTI Consulting, Inc. (NYSE:FCN) by 179.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 494 shares of the business services provider’s stock after acquiring an additional 317 shares during the quarter. UMB Bank n.a.’s holdings in FTI Consulting were worth $80,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. TT International Asset Management LTD bought a new position in shares of FTI Consulting in the 2nd quarter valued at $3,461,000. Principal Financial Group Inc. raised its position in FTI Consulting by 0.4% in the first quarter. Principal Financial Group Inc. now owns 81,271 shares of the business services provider’s stock valued at $13,335,000 after purchasing an additional 302 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in FTI Consulting in the first quarter valued at about $30,000. Black Diamond Financial LLC bought a new position in FTI Consulting in the first quarter valued at about $328,000. Finally, GAMMA Investing LLC raised its position in FTI Consulting by 7,936.5% in the first quarter. GAMMA Investing LLC now owns 39,379 shares of the business services provider’s stock valued at $6,461,000 after purchasing an additional 38,889 shares during the last quarter. Institutional investors own 99.36% of the company’s stock.

FTI Consulting Price Performance

FTI Consulting stock opened at $160.70 on Friday. The stock has a 50-day moving average price of $166.62 and a two-hundred day moving average price of $164.49. The company has a market capitalization of $5.20 billion, a PE ratio of 22.63 and a beta of 0.21. FTI Consulting, Inc. has a 12 month low of $151.75 and a 12 month high of $231.65. 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 (NYSE:FCN) last issued its quarterly earnings data on Thursday, July 24th. The business services provider reported $2.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.87 by $0.26. The business had revenue of $943.66 million during the quarter, compared to analyst estimates of $928.38 million. FTI Consulting had a net margin of 6.82% and a return on equity of 12.88%. The firm’s quarterly revenue was down .6% on a year-over-year basis. During the same quarter last year, the business earned $2.34 EPS. FTI Consulting has set its FY 2025 guidance at 7.800-8.400 EPS. Analysts expect that FTI Consulting, Inc. will post 8.55 EPS 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.