ICF International, Inc. (NASDAQ:ICFI) Shares Sold by Saturna Capital Corp

Saturna Capital Corp trimmed its position in ICF International, Inc. (NASDAQ:ICFI) by 39.2% in the 3rd quarter, Holdings Channel.com reports. The fund owned 6,808 shares of the business services provider’s stock after selling 4,392 shares during the quarter. Saturna Capital Corp’s holdings in ICF International were worth $1,136,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its stake in shares of ICF International by 13.1% during the third quarter. Farther Finance Advisors LLC now owns 502 shares of the business services provider’s stock worth $84,000 after buying an additional 58 shares during the period. Chartwell Investment Partners LLC lifted its position in ICF International by 0.8% during the third quarter. Chartwell Investment Partners LLC now owns 8,255 shares of the business services provider’s stock valued at $1,377,000 after purchasing an additional 67 shares during the period. Rhumbline Advisers increased its holdings in ICF International by 0.9% in the second quarter. Rhumbline Advisers now owns 27,487 shares of the business services provider’s stock valued at $4,081,000 after buying an additional 247 shares in the last quarter. SG Americas Securities LLC purchased a new position in ICF International in the first quarter valued at $167,000. Finally, Torray Investment Partners LLC increased its holdings in ICF International by 8.7% in the second quarter. Torray Investment Partners LLC now owns 14,446 shares of the business services provider’s stock valued at $2,145,000 after buying an additional 1,159 shares in the last quarter. 94.12% of the stock is currently owned by institutional investors and hedge funds.

ICF International Trading Down 3.2 %

Shares of NASDAQ:ICFI opened at $163.10 on Wednesday. ICF International, Inc. has a 52 week low of $128.28 and a 52 week high of $179.67. The company’s 50 day moving average is $167.79 and its two-hundred day moving average is $154.27. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.43. The company has a market cap of $3.06 billion, a PE ratio of 29.61 and a beta of 0.61.

ICF International (NASDAQ:ICFI) last announced its quarterly earnings data on Friday, November 1st. The business services provider reported $2.13 EPS for the quarter, beating analysts’ consensus estimates of $1.77 by $0.36. The company had revenue of $517.00 million for the quarter, compared to the consensus estimate of $528.02 million. ICF International had a net margin of 5.38% and a return on equity of 14.68%. The company’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.81 EPS. Equities analysts predict that ICF International, Inc. will post 7.45 earnings per share for the current fiscal year.

ICF International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 6th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.34%. The ex-dividend date of this dividend is Friday, December 6th. ICF International’s dividend payout ratio (DPR) is 9.84%.

Insider Buying and Selling

In other news, EVP Anne F. Choate sold 1,368 shares of the firm’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $165.00, for a total value of $225,720.00. Following the completion of the sale, the executive vice president now owns 3,417 shares in the company, valued at approximately $563,805. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, EVP Anne F. Choate sold 1,368 shares of ICF International stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $165.00, for a total transaction of $225,720.00. Following the completion of the sale, the executive vice president now directly owns 3,417 shares in the company, valued at $563,805. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Anne F. Choate sold 1,438 shares of ICF International stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $173.63, for a total transaction of $249,679.94. Following the sale, the executive vice president now owns 3,417 shares of the company’s stock, valued at approximately $593,293.71. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 6,823 shares of company stock worth $1,165,078 in the last 90 days. Company insiders own 1.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. StockNews.com raised shares of ICF International from a “buy” rating to a “strong-buy” rating in a research note on Tuesday. Truist Financial upped their price objective on shares of ICF International from $155.00 to $180.00 and gave the stock a “hold” rating in a report on Friday, November 1st. Finally, Barrington Research restated an “outperform” rating and issued a $174.00 price objective on shares of ICF International in a report on Friday, September 20th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, ICF International currently has an average rating of “Moderate Buy” and an average target price of $166.00.

About ICF International

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.