Aperio Group LLC cut its position in ICF International, Inc. (NASDAQ:ICFI) by 1.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,937 shares of the business services provider’s stock after selling 185 shares during the period. Aperio Group LLC owned approximately 0.07% of ICF International worth $656,000 as of its most recent filing with the SEC.
Other institutional investors have also made changes to their positions in the company. SG Americas Securities LLC raised its position in shares of ICF International by 90.3% in the first quarter. SG Americas Securities LLC now owns 4,537 shares of the business services provider’s stock worth $187,000 after buying an additional 2,153 shares in the last quarter. Airain ltd purchased a new position in shares of ICF International during the first quarter valued at approximately $235,000. MARSHALL WACE ASIA Ltd purchased a new position in shares of ICF International during the first quarter valued at approximately $309,000. Marshall Wace North America L.P. purchased a new position in shares of ICF International during the first quarter valued at approximately $309,000. Finally, LSV Asset Management raised its position in shares of ICF International by 67.9% in the first quarter. LSV Asset Management now owns 9,400 shares of the business services provider’s stock valued at $388,000 after buying an additional 3,800 shares during the period. Institutional investors and hedge funds own 87.65% of the company’s stock.
ICF International, Inc. (NASDAQ:ICFI) traded down 1.58% during midday trading on Wednesday, reaching $43.60. The company’s stock had a trading volume of 22,337 shares. ICF International, Inc. has a 12-month low of $40.20 and a 12-month high of $59.55. The firm has a market cap of $816.80 million, a price-to-earnings ratio of 17.51 and a beta of 0.81. The company’s 50-day moving average is $45.87 and its 200 day moving average is $45.62.
ICF International (NASDAQ:ICFI) last announced its quarterly earnings results on Wednesday, August 2nd. The business services provider reported $0.73 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.73. ICF International had a net margin of 4.02% and a return on equity of 10.25%. The firm had revenue of $306.39 million during the quarter, compared to analysts’ expectations of $309.15 million. During the same period in the previous year, the company earned $0.69 earnings per share. ICF International’s quarterly revenue was up .3% compared to the same quarter last year. Equities analysts forecast that ICF International, Inc. will post $2.99 earnings per share for the current year.
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Several equities analysts have recently commented on the company. Zacks Investment Research upgraded ICF International from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a research report on Thursday, June 22nd. Noble Financial restated a “hold” rating on shares of ICF International in a report on Sunday, May 7th. Barrington Research increased their target price on ICF International from $49.00 to $55.00 and gave the company an “outperform” rating in a report on Thursday, May 18th. Finally, BidaskClub cut ICF International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $57.33.
In related news, COO John Wasson sold 12,461 shares of the business’s stock in a transaction on Thursday, July 20th. The shares were sold at an average price of $47.50, for a total value of $591,897.50. Following the completion of the sale, the chief operating officer now directly owns 65,995 shares of the company’s stock, valued at $3,134,762.50. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 5.48% of the stock is owned by insiders.
About ICF International
ICF International, Inc provides professional services and technology-based solutions to government and commercial clients, including management, technology, and policy consulting and implementation services. The Company’s services address four markets: energy, environment and infrastructure; health, education and social programs; safety and security, and consumer and financial.
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