Tilia Fiduciary Partners Inc. Cuts Stock Holdings in ICF International, Inc. (NASDAQ:ICFI)

Tilia Fiduciary Partners Inc. lessened its holdings in ICF International, Inc. (NASDAQ:ICFI) by 0.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 14,086 shares of the business services provider’s stock after selling 89 shares during the period. Tilia Fiduciary Partners Inc.’s holdings in ICF International were worth $1,679,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its holdings in ICF International by 13.1% during the third quarter. Farther Finance Advisors LLC now owns 502 shares of the business services provider’s stock worth $84,000 after buying an additional 58 shares during the period. Marshall Wace LLP purchased a new stake in shares of ICF International during the 2nd quarter worth $301,000. AlphaMark Advisors LLC purchased a new stake in shares of ICF International during the 3rd quarter worth $342,000. Martingale Asset Management L P grew its stake in ICF International by 25.5% in the third quarter. Martingale Asset Management L P now owns 3,399 shares of the business services provider’s stock valued at $567,000 after purchasing an additional 690 shares during the last quarter. Finally, Captrust Financial Advisors raised 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 worth $603,000 after purchasing an additional 967 shares in the last quarter. 94.12% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on ICFI shares. D. Boral Capital reaffirmed an “outperform” rating and issued a $174.00 price objective on shares of ICF International in a research report on Monday, December 16th. Sidoti upgraded shares of ICF International from a “neutral” rating to a “buy” rating and set a $185.00 target price for the company in a research note on Tuesday, November 19th. Truist Financial reduced their price target 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. StockNews.com cut ICF International from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 27th. Finally, Barrington Research reiterated an “outperform” rating and issued a $174.00 price target on shares of ICF International in a research note on Friday, September 20th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $168.60.

Insiders Place Their Bets

In other ICF International news, COO James C. M. Morgan sold 2,500 shares of ICF International stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $175.07, for a total value of $437,675.00. Following the completion of the transaction, the chief operating officer now owns 37,663 shares of the company’s stock, valued at approximately $6,593,661.41. The trade was a 6.22 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Anne F. Choate sold 1,438 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $173.63, for a total transaction of $249,679.94. Following the sale, the executive vice president now directly owns 3,417 shares in the company, valued at approximately $593,293.71. The trade was a 29.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 4,038 shares of company stock valued at $705,355. Company insiders own 1.39% of the company’s stock.

ICF International Stock Performance

Shares of ICFI traded up $0.97 during trading hours on Friday, reaching $120.11. 248,962 shares of the company traded hands, compared to its average volume of 176,922. The business has a fifty day moving average price of $135.28 and a 200-day moving average price of $149.55. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $2.25 billion, a P/E ratio of 21.11 and a beta of 0.57. ICF International, Inc. has a 12-month low of $114.99 and a 12-month high of $179.67.

ICF International (NASDAQ:ICFI) last issued its quarterly earnings results on Friday, November 1st. The business services provider reported $2.13 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.36. ICF International had a net margin of 5.38% and a return on equity of 14.68%. The company had revenue of $517.00 million for the quarter, compared to the consensus estimate of $528.02 million. During the same quarter in the prior year, the company earned $1.81 EPS. ICF International’s quarterly revenue was up 3.1% on a year-over-year basis. Equities analysts anticipate that ICF International, Inc. will post 7.35 EPS for the current fiscal year.

ICF International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 6th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.47%. The ex-dividend date of this dividend is Friday, December 6th. ICF International’s payout ratio is 9.84%.

About ICF International

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.