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TD Waterhouse bought $2.2M in FTI Consulting shares, boosting institutional interest.
TD Waterhouse Canada Inc. acquired 13,643 shares of FTI Consulting (FCN) for about $2.2 million in the third quarter, according to an SEC filing, adding to institutional interest in the global advisory firm.
The company, with a $5.39 billion market cap and a P/E ratio of 22.23, has a strong institutional ownership rate of 99.36%.
Its stock, trading near $174.63, recently surpassed its 200-day moving average.
Analysts maintain a consensus “Hold” rating with a $169.00 average price target, while the firm continues stock buybacks, potentially signaling undervaluation.
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TD Waterhouse compró $2.2M en acciones de FTI Consulting, aumentando el interés institucional.