Tributary Capital Management LLC Has $25.26 Million Stock Holdings in ICF International, Inc. (NASDAQ:ICFI)

Tributary Capital Management LLC raised its holdings in shares of ICF International, Inc. (NASDAQ:ICFI - Free Report) by 10.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 211,863 shares of the business services provider's stock after acquiring an additional 20,861 shares during the quarter. ICF International makes up approximately 2.0% of Tributary Capital Management LLC's holdings, making the stock its 13th biggest position. Tributary Capital Management LLC owned approximately 1.13% of ICF International worth $25,256,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. SG Americas Securities LLC boosted its position in ICF International by 44.4% during the fourth 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 last quarter. Argent Capital Management LLC raised its stake in shares of ICF International by 15.7% during 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 in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of ICF International in the 3rd quarter valued at approximately $734,000. Geode Capital Management LLC grew its stake in shares of ICF International by 4.3% in the third quarter. Geode Capital Management LLC now owns 440,985 shares of the business services provider's stock valued at $73,566,000 after buying an additional 18,109 shares in the last quarter. Finally, Pier Capital LLC bought a new position in shares of ICF International in the third quarter valued at $6,579,000. Institutional investors and hedge funds own 94.12% of the company's stock.

ICF International Stock Performance

ICFI traded down $3.24 on Friday, reaching $123.41. The company had a trading volume of 192,858 shares, compared to its average volume of 166,033. The stock has a market cap of $2.32 billion, a P/E ratio of 21.69 and a beta of 0.57. 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 fifty-two week low of $114.99 and a fifty-two week high of $179.67. The company's fifty day moving average is $127.09 and its 200 day moving average is $148.68.

ICF International (NASDAQ:ICFI - Get Free Report) last announced 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 company had revenue of $517.00 million for the quarter, compared to analyst estimates of $528.02 million. ICF International had a return on equity of 14.68% and a net margin of 5.38%. The firm's quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.81 earnings per share. As a group, analysts predict that ICF International, Inc. will post 7.44 earnings per share for the current fiscal year.

ICF International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 6th were given a dividend of $0.14 per share. The ex-dividend date was Friday, December 6th. This represents a $0.56 annualized dividend and a yield of 0.45%. ICF International's dividend payout ratio is 9.84%.

Insider Transactions at ICF International

In other ICF International news, EVP Anne F. Choate sold 1,438 shares of the business's stock in a transaction on Wednesday, November 6th. The shares were 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. The trade was a 29.62 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Scott B. Salmirs bought 400 shares of the company's stock in a transaction on Monday, November 18th. The stock was purchased at an average price of $138.38 per share, with a total value of $55,352.00. Following the completion of the transaction, the director now directly owns 5,803 shares of the company's stock, valued at approximately $803,019.14. The trade was a 7.40 % increase in their position. The disclosure for this purchase can be found here. 1.39% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have issued reports on ICFI. StockNews.com lowered shares of ICF International from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, November 27th. Truist Financial dropped their target price on shares of ICF International from $180.00 to $140.00 and set a "hold" rating on the stock in a report on Friday, November 22nd. D. Boral Capital reiterated an "outperform" rating and set a $174.00 price target on shares of ICF International in a report on Monday, December 16th. Finally, Sidoti raised ICF International from a "neutral" rating to a "buy" rating and set a $185.00 price target on the stock in a research report on Tuesday, November 19th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $168.60.

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.