Anne F. Choate Sells 1,481 Shares of ICF International, Inc. (NASDAQ:ICFI) Stock

ICF International, Inc. (NASDAQ:ICFI) EVP Anne F. Choate sold 1,481 shares of the business’s stock in a transaction that occurred on Monday, July 8th. The stock was sold at an average price of $133.89, for a total transaction of $198,291.09. Following the sale, the executive vice president now owns 4,785 shares of the company’s stock, valued at $640,663.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

ICF International Stock Down 0.1 %

ICFI traded down $0.18 during trading hours on Wednesday, reaching $129.47. 195,831 shares of the stock traded hands, compared to its average volume of 96,398. ICF International, Inc. has a fifty-two week low of $114.51 and a fifty-two week high of $158.00. The company has a market cap of $2.43 billion, a price-to-earnings ratio of 26.35 and a beta of 0.60. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.19 and a quick ratio of 1.19. The firm’s fifty day simple moving average is $143.39 and its two-hundred day simple moving average is $143.60.

ICF International (NASDAQ:ICFI) last posted its quarterly earnings data on Thursday, May 2nd. The business services provider reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.33. ICF International had a return on equity of 14.42% and a net margin of 4.74%. The company had revenue of $494.44 million for the quarter, compared to the consensus estimate of $487.95 million. During the same period in the previous year, the business earned $1.42 EPS. ICF International’s revenue for the quarter was up 2.3% compared to the same quarter last year. As a group, analysts forecast that ICF International, Inc. will post 6.79 earnings per share for the current fiscal year.

ICF International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 12th. Investors of record on Friday, June 7th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.43%. The ex-dividend date of this dividend is Friday, June 7th. ICF International’s dividend payout ratio is currently 11.38%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. William Blair upgraded shares of ICF International from a “market perform” rating to an “outperform” rating in a report on Monday, June 24th. Barrington Research reaffirmed an “outperform” rating and issued a $173.00 target price on shares of ICF International in a research report on Friday, May 31st. Finally, Truist Financial lowered ICF International from a “buy” rating to a “hold” rating and lowered their target price for the company from $168.00 to $155.00 in a research note on Monday, July 1st. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $159.50.

Institutional Trading of ICF International

Institutional investors and hedge funds have recently bought and sold shares of the company. Trust Point Inc. acquired a new stake in shares of ICF International during the 4th quarter valued at approximately $995,000. Strs Ohio grew its position in shares of ICF International by 14.9% during the 4th quarter. Strs Ohio now owns 54,816 shares of the business services provider’s stock valued at $7,350,000 after buying an additional 7,100 shares during the last quarter. Handelsbanken Fonder AB raised its stake in ICF International by 26.2% during the fourth quarter. Handelsbanken Fonder AB now owns 4,822 shares of the business services provider’s stock worth $647,000 after acquiring an additional 1,000 shares during the period. TimesSquare Capital Management LLC bought a new position in ICF International in the fourth quarter worth about $16,126,000. Finally, Torray Investment Partners LLC boosted its stake in ICF International by 1.0% in the fourth quarter. Torray Investment Partners LLC now owns 12,999 shares of the business services provider’s stock valued at $1,743,000 after acquiring an additional 130 shares during the period. Institutional investors and hedge funds own 94.12% of the company’s stock.

ICF International Company Profile

ICF International, Inc provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, business, market, business, communication, and technology challenges.