Peregrine Capital Management LLC Has $9.88 Million Stock Holdings in ICF International, Inc. (NASDAQ:ICFI)

Peregrine Capital Management LLC reduced its stake in shares of ICF International, Inc. (NASDAQ:ICFI - Free Report) by 22.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 82,912 shares of the business services provider's stock after selling 24,058 shares during the quarter. Peregrine Capital Management LLC owned about 0.44% of ICF International worth $9,884,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in ICFI. Rhumbline Advisers grew its position in shares of ICF International by 17.0% during the fourth quarter. Rhumbline Advisers now owns 30,630 shares of the business services provider's stock worth $3,651,000 after acquiring an additional 4,457 shares during the last quarter. Tributary Capital Management LLC boosted its stake in ICF International by 10.9% during the 4th quarter. Tributary Capital Management LLC now owns 211,863 shares of the business services provider's stock valued at $25,256,000 after purchasing an additional 20,861 shares during the period. SG Americas Securities LLC boosted its stake in 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 purchasing an additional 339 shares during the period. Argent Capital Management LLC grew its position in ICF International by 15.7% in the 4th quarter. Argent Capital Management LLC now owns 33,425 shares of the business services provider's stock worth $3,985,000 after purchasing an additional 4,545 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of ICF International in the third quarter valued at approximately $734,000. 94.12% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on ICFI shares. D. Boral Capital reiterated an "outperform" rating and set a $174.00 price objective on shares of ICF International in a research report on Monday, December 16th. Truist Financial reduced their price target on ICF International from $180.00 to $140.00 and set a "hold" rating for the company in a research report on Friday, November 22nd. Sidoti raised ICF International from a "neutral" rating to a "buy" rating and set a $185.00 price target on the stock in a report on Tuesday, November 19th. Finally, StockNews.com cut shares of ICF International from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, November 27th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $168.25.

ICF International Price Performance

NASDAQ ICFI traded down $0.39 on Friday, reaching $100.11. 429,203 shares of the stock traded hands, compared to its average volume of 266,432. ICF International, Inc. has a 12 month low of $97.92 and a 12 month high of $179.67. The company has a market cap of $1.88 billion, a price-to-earnings ratio of 17.59 and a beta of 0.56. The firm's fifty day simple moving average is $118.71 and its 200 day simple moving average is $144.59. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.43.

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.