ICF International, Inc. (NASDAQ:ICFI) Shares Sold by Nicholas Company Inc.

Nicholas Company Inc. trimmed its stake in shares of ICF International, Inc. (NASDAQ:ICFI - Free Report) by 5.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 84,230 shares of the business services provider's stock after selling 4,890 shares during the period. Nicholas Company Inc. owned about 0.45% of ICF International worth $10,041,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. SG Americas Securities LLC grew its position in shares of ICF International by 44.4% during the 4th quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider's stock valued at $131,000 after acquiring an additional 339 shares during the period. Martingale Asset Management L P boosted its position in ICF International by 25.5% during the third quarter. Martingale Asset Management L P now owns 3,399 shares of the business services provider's stock worth $567,000 after purchasing an additional 690 shares in the last quarter. Captrust Financial Advisors grew its holdings in ICF International by 36.5% in the third quarter. Captrust Financial Advisors now owns 3,617 shares of the business services provider's stock valued at $603,000 after purchasing an additional 967 shares during the period. Handelsbanken Fonder AB increased its position in shares of ICF International by 8.3% in the fourth quarter. Handelsbanken Fonder AB now owns 5,222 shares of the business services provider's stock valued at $623,000 after buying an additional 400 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of ICF International during the 3rd quarter worth approximately $734,000. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

Several brokerages recently commented on ICFI. Barrington Research cut their price target on shares of ICF International from $174.00 to $102.00 and set an "outperform" rating for the company in a report on Monday, March 3rd. StockNews.com cut shares of ICF International from a "buy" rating to a "hold" rating in a research note on Monday, March 3rd. D. Boral Capital reaffirmed an "outperform" rating and issued a $174.00 price target on shares of ICF International in a research note on Monday, December 16th. Canaccord Genuity Group reiterated a "hold" rating and set a $100.00 price objective (down from $200.00) on shares of ICF International in a research note on Friday, February 28th. Finally, Truist Financial decreased their target price on ICF International from $180.00 to $140.00 and set a "hold" rating on the stock in a research report on Friday, November 22nd. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $140.20.

ICF International Trading Down 3.9 %

Shares of ICFI stock traded down $3.46 on Thursday, hitting $84.83. 172,556 shares of the stock traded hands, compared to its average volume of 161,266. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.21 and a current ratio of 1.21. ICF International, Inc. has a twelve month low of $75.91 and a twelve month high of $179.67. The firm's 50-day moving average price is $107.49 and its two-hundred day moving average price is $135.53. The stock has a market capitalization of $1.56 billion, a PE ratio of 14.91 and a beta of 0.56.

ICF International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Friday, March 28th will be issued a $0.14 dividend. The ex-dividend date is Friday, March 28th. This represents a $0.56 annualized dividend and a yield of 0.66%. ICF International's payout ratio is 9.61%.

ICF International 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.