Tilia Fiduciary Partners Inc. Sells 89 Shares of ICF International, Inc. (NASDAQ:ICFI)

Tilia Fiduciary Partners Inc. trimmed its position in shares of ICF International, Inc. (NASDAQ:ICFI) by 0.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (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. owned 0.08% of ICF International worth $1,679,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Geode Capital Management LLC raised its holdings in ICF International by 4.3% during 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 acquiring an additional 18,109 shares during the period. BNP Paribas Financial Markets raised its stake in ICF International by 94.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 17,631 shares of the business services provider’s stock valued at $2,941,000 after purchasing an additional 8,548 shares during the period. Quantbot Technologies LP purchased a new position in ICF International in the 3rd quarter worth approximately $852,000. Pier Capital LLC bought a new position in ICF International in the 3rd quarter worth approximately $6,579,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in ICF International during the 3rd quarter valued at approximately $734,000. Hedge funds and other institutional investors own 94.12% of the company’s stock.

Insider Transactions at ICF International

In related news, Director Scott B. Salmirs purchased 400 shares of the firm’s stock in a transaction dated 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 purchase, the director now 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 acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Anne F. Choate sold 1,438 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $173.63, for a total value of $249,679.94. Following the completion of the transaction, the executive vice president now directly owns 3,417 shares in the company, valued at approximately $593,293.71. This trade represents a 29.62 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,038 shares of company stock worth $705,355. 1.39% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ICFI. Barrington Research reissued an “outperform” rating and issued a $174.00 target price on shares of ICF International in a report on Friday, September 20th. Truist Financial decreased their price target on shares of ICF International from $180.00 to $140.00 and set a “hold” rating on the stock in a research note on Friday, November 22nd. Sidoti raised ICF International from a “neutral” rating to a “buy” rating and set a $185.00 target price on the stock in a report on Tuesday, November 19th. StockNews.com downgraded ICF International from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 27th. Finally, D. Boral Capital restated an “outperform” rating and set a $174.00 price target on shares of ICF International in a report on Monday, December 16th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $168.60.

ICF International Trading Up 0.8 %

Shares of NASDAQ:ICFI traded up $0.97 during trading on Friday, reaching $120.11. The company’s stock had a trading volume of 248,962 shares, compared to its average volume of 176,922. The firm’s 50 day simple moving average is $135.28 and its two-hundred day simple moving average is $149.55. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.43. ICF International, Inc. has a 12 month low of $114.99 and a 12 month high of $179.67. The stock has a market capitalization of $2.25 billion, a PE ratio of 21.11 and a beta of 0.57.

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

ICF International Dividend Announcement

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

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.