Forex
Royal Bank of Canada Boosts Stake in FTI Consulting Inc.
Royal Bank of Canada has increased its holdings in FTI Consulting Inc. by 19.2% during the first quarter, according to a recent filing with the Securities and Exchange Commission.
The fund now owns approximately 63,501 shares of FTI Consulting's stock, valued at $11,226,000, representing about 0.21% of the company's total outstanding shares.
Other institutional investors have also modified their holdings in FTI Consulting, including IFP Advisors Inc., which increased its stake by 1,666.7%, and Caitong International Asset Management Co. Ltd., which boosted its holding by 1,278.6%.
Analysts have given FTI Consulting a consensus price target of $174.50, with two analysts recommending a 'hold' rating on the stock.