ICF International, Inc. (NASDAQ:ICFI) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its holdings in shares of ICF International, Inc. (NASDAQ:ICFI - Free Report) by 91.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 764 shares of the business services provider's stock after selling 8,461 shares during the period. SG Americas Securities LLC's holdings in ICF International were worth $127,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Whittier Trust Co. purchased a new stake in ICF International in the 1st quarter valued at approximately $25,000. Rhumbline Advisers lifted its stake in ICF International by 0.9% in the 2nd 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. Torray Investment Partners LLC lifted its stake in ICF International by 8.7% in the 2nd 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. Peregrine Capital Management LLC lifted its stake in ICF International by 1.3% in the 2nd quarter. Peregrine Capital Management LLC now owns 106,541 shares of the business services provider's stock valued at $15,817,000 after buying an additional 1,367 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in ICF International by 9.4% in the 1st quarter. BNP Paribas Financial Markets now owns 16,536 shares of the business services provider's stock valued at $2,491,000 after buying an additional 1,419 shares in the last quarter. Institutional investors and hedge funds own 94.12% of the company's stock.

Insider Buying and Selling

In related news, COO James C. M. Morgan sold 2,500 shares of the stock in a transaction on Friday, August 2nd. The stock was sold at an average price of $152.50, for a total value of $381,250.00. Following the transaction, the chief operating officer now directly owns 40,163 shares of the company's stock, valued at approximately $6,124,857.50. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, COO James C. M. Morgan sold 2,500 shares of the stock in a transaction on Friday, August 2nd. The stock was sold at an average price of $152.50, for a total value of $381,250.00. Following the transaction, the chief operating officer now directly owns 40,163 shares of the company's stock, valued at approximately $6,124,857.50. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Anne F. Choate sold 1,368 shares of the stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $165.00, for a total value of $225,720.00. Following the completion of the transaction, the executive vice president now directly owns 3,417 shares in the company, valued at $563,805. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 7,785 shares of company stock valued at $1,278,648. 1.39% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on ICFI shares. Barrington Research reaffirmed an "outperform" rating and issued a $174.00 target price on shares of ICF International in a research note on Friday, September 20th. Truist Financial lowered ICF International from a "buy" rating to a "hold" rating and reduced their target price for the company from $168.00 to $155.00 in a research note on Monday, July 1st. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $159.75.

ICF International Trading Up 0.6 %

Shares of ICF International stock traded up $0.95 during trading hours on Friday, reaching $168.11. 85,555 shares of the company's stock were exchanged, compared to its average volume of 80,677. ICF International, Inc. has a 52-week low of $115.67 and a 52-week high of $178.18. The firm has a market capitalization of $3.15 billion, a price-to-earnings ratio of 32.27 and a beta of 0.61. The company has a fifty day moving average of $166.01 and a 200-day moving average of $151.84. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.46.

ICF International (NASDAQ:ICFI - Get Free Report) last issued its quarterly earnings results on Thursday, August 1st. The business services provider reported $1.69 earnings per share for the quarter, topping analysts' consensus estimates of $1.49 by $0.20. ICF International had a return on equity of 14.37% and a net margin of 4.98%. The company had revenue of $512.03 million for the quarter, compared to analyst estimates of $505.70 million. During the same quarter in the prior year, the company posted $1.57 EPS. The business's revenue for the quarter was up 2.4% compared to the same quarter last year. Sell-side analysts forecast that ICF International, Inc. will post 7.06 EPS for the current fiscal year.

ICF International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 11th. Investors of record on Friday, September 6th were given a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.33%. The ex-dividend date of this dividend was Friday, September 6th. ICF International's dividend payout ratio (DPR) is currently 10.75%.

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.