Black Creek Investment Management Has Lowered Fti Consulting (FCN) Position By $30.01 Million; JERONIMO MARTINS 13.50 CV PFD ORDINARY S (JRONF) Sellers Decreased By 9.27% Their Shorts

April 21, 2018 - By Darrin Black

FTI Consulting, Inc. (NYSE:FCN) Logo

Black Creek Investment Management Inc decreased Fti Consulting Inc (FCN) stake by 15.85% reported in 2017Q4 SEC filing. Black Creek Investment Management Inc sold 714,541 shares as Fti Consulting Inc (FCN)’s stock rose 10.05%. The Black Creek Investment Management Inc holds 3.79M shares with $162.99M value, down from 4.51M last quarter. Fti Consulting Inc now has $1.86 billion valuation. The stock decreased 0.29% or $0.15 during the last trading session, reaching $50.85. About 342,400 shares traded or 16.27% up from the average. FTI Consulting, Inc. (NYSE:FCN) has risen 19.11% since April 21, 2017 and is uptrending. It has outperformed by 7.56% the S&P500.

JERONIMO MARTINS 13.50 CV PFD ORDINARY S (OTCMKTS:JRONF) had a decrease of 9.27% in short interest. JRONF’s SI was 123,300 shares in April as released by FINRA. Its down 9.27% from 135,900 shares previously. With 3,700 avg volume, 33 days are for JERONIMO MARTINS 13.50 CV PFD ORDINARY S (OTCMKTS:JRONF)’s short sellers to cover JRONF’s short positions. The SI to JERONIMO MARTINS 13.50 CV PFD ORDINARY S’s float is 0.05%. It closed at $19.3 lastly. It is down 0.00% since April 21, 2017 and is . It has underperformed by 11.55% the S&P500.

Investors sentiment increased to 1.13 in 2017 Q4. Its up 0.13, from 1 in 2017Q3. It increased, 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. 5,000 are owned by Hutchin Hill Cap Ltd Partnership. Prudential Inc owns 62,812 shares or 0% of their US portfolio. Kbc Group Nv has 0.02% invested in FTI Consulting, Inc. (NYSE:FCN). Manufacturers Life Ins Com The invested 0% in FTI Consulting, Inc. (NYSE:FCN). 30,099 are held by American Grp Inc. 8,403 were accumulated by First Mercantile. Envestnet Asset Mgmt Incorporated owns 1,181 shares. South Dakota Council invested 0.06% in FTI Consulting, Inc. (NYSE:FCN). Morgan Stanley owns 119,710 shares for 0% of their portfolio. Dimensional Fund Advsr LP owns 3.23M shares for 0.06% of their portfolio. Parametric Portfolio Assoc Lc holds 0.02% or 525,076 shares. Qs Invsts Ltd Llc stated it has 0% of its portfolio in FTI Consulting, Inc. (NYSE:FCN). Catalyst Advsr Llc has invested 0.01% in FTI Consulting, Inc. (NYSE:FCN). 11,693 are owned by Bank & Trust Of Montreal Can. Amalgamated Bancorp reported 5,452 shares stake.

Analysts await FTI Consulting, Inc. (NYSE:FCN) to report earnings on April, 26 before the open. They expect $0.65 EPS, up 91.18% or $0.31 from last year’s $0.34 per share. FCN’s profit will be $23.72M for 19.56 P/E if the $0.65 EPS becomes a reality. After $0.78 actual EPS reported by FTI Consulting, Inc. for the previous quarter, Wall Street now forecasts -16.67% negative EPS growth.

Since February 28, 2018, it had 0 buys, and 1 sale for $294,903 activity. 6,088 shares valued at $294,903 were sold by Freeman Catherine M on Wednesday, February 28.

Black Creek Investment Management Inc increased Impinj Inc stake by 24,000 shares to 54,000 valued at $1.22 million in 2017Q4. It also upped Hain Celestial Group Inc (NASDAQ:HAIN) stake by 2.62 million shares and now owns 3.97M shares. Nielsen Hldgs Plc was raised too.

Among 6 analysts covering FTI Consulting (NYSE:FCN), 0 have Buy rating, 0 Sell and 6 Hold. Therefore 0 are positive. FTI Consulting had 10 analyst reports since October 14, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, January 6 by Suntrust Robinson. The rating was maintained by SunTrust with “Hold” on Thursday, October 26. On Friday, January 6 the stock rating was downgraded by SunTrust to “Hold”. The company was downgraded on Friday, March 11 by William Blair. Deutsche Bank initiated the shares of FCN in report on Thursday, August 18 with “Hold” rating. The rating was maintained by SunTrust with “Hold” on Thursday, February 22. The company was downgraded on Monday, October 31 by Avondale. The stock of FTI Consulting, Inc. (NYSE:FCN) has “Hold” rating given on Friday, October 28 by Deutsche Bank.

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

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>