ICF International, Inc. (NASDAQ:ICFI) EVP Anne F. Choate Sells 1,438 Shares

ICF International, Inc. (NASDAQ:ICFI) EVP Anne F. Choate sold 1,438 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $173.63, for a total value of $249,679.94. Following the sale, the executive vice president now owns 3,417 shares in the company, valued at approximately $593,293.71. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

ICF International Price Performance

Shares of NASDAQ ICFI opened at $168.75 on Friday. The company has a market capitalization of $3.17 billion, a PE ratio of 29.66 and a beta of 0.61. The company has a quick ratio of 1.19, a current ratio of 1.21 and a debt-to-equity ratio of 0.43. ICF International, Inc. has a twelve month low of $128.28 and a twelve month high of $179.67. The firm has a fifty day simple moving average of $167.47 and a 200 day simple moving average of $153.49.

ICF International (NASDAQ:ICFI) last issued its earnings results on Friday, November 1st. The business services provider reported $2.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.77 by $0.36. The business had revenue of $517.00 million during the quarter, compared to the consensus estimate of $528.02 million. ICF International had a return on equity of 14.68% and a net margin of 5.38%. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.81 earnings per share. On average, sell-side analysts forecast that ICF International, Inc. will post 7.45 EPS for the current 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 dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, December 6th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.33%. ICF International’s payout ratio is presently 9.84%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ICFI. Whittier Trust Co. acquired a new position in shares of ICF International during the first quarter valued at about $25,000. Farther Finance Advisors LLC increased its position in ICF International by 13.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 502 shares of the business services provider’s stock valued at $84,000 after buying an additional 58 shares in the last quarter. SG Americas Securities LLC acquired a new position in ICF International during the 1st quarter worth approximately $167,000. Marshall Wace LLP acquired a new position in ICF International during the 2nd quarter worth approximately $301,000. Finally, AlphaMark Advisors LLC bought a new position in ICF International in the third quarter worth approximately $342,000. 94.12% of the stock is owned by institutional investors.

Analyst Ratings Changes

ICFI has been the subject of several recent research reports. Barrington Research restated an “outperform” rating and issued a $174.00 price target on shares of ICF International in a research report on Friday, September 20th. Truist Financial increased their price objective on ICF International from $155.00 to $180.00 and gave the company a “hold” rating in a report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $166.00.

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.