As Fti Consulting INC (FCN) Market Value Rose, Black Creek Investment Management INC Has Decreased Position

April 20, 2018 - By Vivian Park

FTI Consulting, Inc. (NYSE:FCN) LogoInvestors sentiment increased to 1.13 in 2017 Q4. Its up 0.13, from 1 in 2017Q3. It improved, as 8 investors sold FCN shares while 63 reduced holdings. 38 funds opened positions while 42 raised stakes. 34.74 million shares or 3.46% less from 35.99 million shares in 2017Q3 were reported. Ls Inv Ltd Liability Corporation holds 1,147 shares. Royal Bank & Trust Of Canada holds 11,907 shares or 0% of its portfolio. Manufacturers Life The holds 0% or 28,655 shares. 111 are held by Us National Bank & Trust De. Alpha Windward Lc holds 12,180 shares. Ny State Teachers Retirement Systems invested in 0.01% or 92,791 shares. 17,400 are owned by Voya Invest Mgmt Ltd Llc. Price T Rowe Associates Md holds 0.01% or 1.38 million shares in its portfolio. D E Shaw Company owns 0.01% invested in FTI Consulting, Inc. (NYSE:FCN) for 235,111 shares. Two Sigma Secs Ltd Llc reported 0.01% in FTI Consulting, Inc. (NYSE:FCN). Proshare Advsrs Limited Co owns 7,099 shares or 0% of their US portfolio. Segall Bryant & Hamill Limited Liability invested 0.27% of its portfolio in FTI Consulting, Inc. (NYSE:FCN). Schwab Charles Investment, California-based fund reported 343,112 shares. Goldman Sachs Grp has invested 0% in FTI Consulting, Inc. (NYSE:FCN). Third Avenue Management Limited Co holds 0.33% or 158,683 shares in its portfolio.

Since February 28, 2018, it had 0 insider buys, and 1 sale for $294,903 activity.

Black Creek Investment Management Inc decreased its stake in Fti Consulting Inc (FCN) by 15.85% based on its latest 2017Q4 regulatory filing with the SEC. Black Creek Investment Management Inc sold 714,541 shares as the company’s stock rose 10.05% while stock markets declined. The institutional investor held 3.79M shares of the consumer services company at the end of 2017Q4, valued at $162.99 million, down from 4.51M at the end of the previous reported quarter. Black Creek Investment Management Inc who had been investing in Fti Consulting Inc for a number of months, seems to be less bullish one the $1.86 billion market cap company. It closed at $51 lastly. It is down 19.11% since April 20, 2017 and is uptrending. It has outperformed by 7.56% the S&P500.

Black Creek Investment Management Inc, which manages about $2.97 billion and $2.66B US Long portfolio, upped its stake in Borgwarner Inc (NYSE:BWA) by 441,774 shares to 2.97M shares, valued at $151.53M in 2017Q4, according to the filing. It also increased its holding in Grifols S A (NASDAQ:GRFS) by 271,301 shares in the quarter, for a total of 2.45 million shares, and has risen its stake in Oracle Corp (NYSE:ORCL).

Analysts await FTI Consulting, Inc. (NYSE:FCN) to report earnings on April, 26 before the open. They expect $0.65 earnings per share, up 91.18 % or $0.31 from last year’s $0.34 per share. FCN’s profit will be $23.73 million for 19.62 P/E if the $0.65 EPS becomes a reality. After $0.78 actual earnings per share reported by FTI Consulting, Inc. for the previous quarter, Wall Street now forecasts -16.67 % negative EPS growth.

FTI Consulting, Inc. (NYSE:FCN) Institutional Positions Chart

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