Chartwell Investment Partners LLC Purchases 67 Shares of ICF International, Inc. (NASDAQ:ICFI)

Chartwell Investment Partners LLC raised its position in shares of ICF International, Inc. (NASDAQ:ICFI) by 0.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,255 shares of the business services provider’s stock after purchasing an additional 67 shares during the period. Chartwell Investment Partners LLC’s holdings in ICF International were worth $1,377,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Congress Asset Management Co. raised its position in ICF International by 10.7% during the 3rd quarter. Congress Asset Management Co. now owns 353,824 shares of the business services provider’s stock valued at $59,014,000 after purchasing an additional 34,299 shares in the last quarter. Tilia Fiduciary Partners Inc. bought a new position in shares of ICF International in the 3rd quarter worth $2,364,000. Argent Capital Management LLC raised its position in shares of ICF International by 10.2% in the 2nd quarter. Argent Capital Management LLC now owns 27,418 shares of the business services provider’s stock worth $4,070,000 after acquiring an additional 2,542 shares in the last quarter. Marshall Wace LLP bought a new position in shares of ICF International in the 2nd quarter worth $301,000. Finally, SG Americas Securities LLC raised its position in shares of ICF International by 730.3% in the 2nd quarter. SG Americas Securities LLC now owns 9,225 shares of the business services provider’s stock worth $1,370,000 after acquiring an additional 8,114 shares in the last quarter. 94.12% of the stock is owned by institutional investors.

Insider Buying and Selling at ICF International

In other ICF International news, CEO John Wasson sold 1,417 shares of the business’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $165.14, for a total transaction of $234,003.38. Following the sale, the chief executive officer now owns 52,605 shares in the company, valued at approximately $8,687,189.70. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, COO James C. M. Morgan sold 2,500 shares of the company’s stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of $175.07, for a total value of $437,675.00. Following the sale, the chief operating officer now owns 37,663 shares in the company, valued at $6,593,661.41. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO John Wasson sold 1,417 shares of the company’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $165.14, for a total value of $234,003.38. Following the completion of the sale, the chief executive officer now owns 52,605 shares in the company, valued at $8,687,189.70. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,823 shares of company stock worth $1,165,078. 1.39% of the stock is currently owned by insiders.

ICF International Trading Down 1.2 %

Shares of NASDAQ:ICFI opened at $168.49 on Wednesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 1.19. The business’s 50-day moving average is $167.79 and its 200 day moving average is $154.27. The firm has a market capitalization of $3.16 billion, a P/E ratio of 29.61 and a beta of 0.61. ICF International, Inc. has a 1 year low of $128.28 and a 1 year high of $179.67.

ICF International (NASDAQ:ICFI) last posted its quarterly earnings results on Friday, November 1st. The business services provider reported $2.13 earnings per share for the quarter, beating the consensus estimate of $1.77 by $0.36. The business had revenue of $517.00 million for the quarter, compared to the consensus estimate of $528.02 million. ICF International had a return on equity of 14.68% and a net margin of 5.38%. The company’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.81 EPS. On average, research analysts predict that ICF International, Inc. will post 7.45 earnings per share for the current fiscal year.

ICF International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 6th will be paid a dividend of $0.14 per share. The ex-dividend date is Friday, December 6th. This represents a $0.56 annualized dividend and a yield of 0.33%. ICF International’s payout ratio is presently 9.84%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Truist Financial boosted their price target on ICF International from $155.00 to $180.00 and gave the stock a “hold” rating in a research report on Friday, November 1st. Barrington Research reaffirmed an “outperform” rating and set a $174.00 target price on shares of ICF International in a research report on Friday, September 20th. Finally, StockNews.com raised ICF International from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, ICF International currently has an average rating of “Moderate Buy” and a consensus price target of $166.00.

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.