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

Tributary Capital Management LLC increased its holdings in ICF International, Inc. (NASDAQ:ICFI) by 10.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 211,863 shares of the business services provider’s stock after buying an additional 20,861 shares during the period. ICF International makes up 2.0% of Tributary Capital Management LLC’s holdings, making the stock its 13th largest holding. Tributary Capital Management LLC’s holdings in ICF International were worth $25,256,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Farther Finance Advisors LLC raised its position in shares of ICF International by 13.1% in the third quarter. Farther Finance Advisors LLC now owns 502 shares of the business services provider’s stock valued at $84,000 after buying an additional 58 shares in the last quarter. SG Americas Securities LLC raised its position in shares of ICF International by 44.4% in the fourth quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider’s stock valued at $131,000 after buying an additional 339 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of ICF International in the second quarter valued at approximately $301,000. AlphaMark Advisors LLC acquired a new stake in shares of ICF International in the third quarter valued at approximately $342,000. Finally, Martingale Asset Management L P raised its position in shares of 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 buying an additional 690 shares in the last quarter. 94.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ICFI has been the subject of a number of analyst reports. Sidoti upgraded shares of ICF International from a “neutral” rating to a “buy” rating and set a $185.00 price target for the company in a research report on Tuesday, November 19th. StockNews.com cut shares of ICF International from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 27th. D. Boral Capital reissued an “outperform” rating and issued a $174.00 price objective on shares of ICF International in a research note on Monday, December 16th. Finally, Truist Financial decreased their price objective 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. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $168.60.

ICF International Stock Performance

NASDAQ ICFI opened at $123.41 on Friday. The firm’s fifty day moving average price is $127.09 and its two-hundred day moving average price is $148.55. The stock has a market cap of $2.32 billion, a PE ratio of 21.69 and a beta of 0.57. ICF International, Inc. has a fifty-two week low of $114.99 and a fifty-two week high of $179.67. 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 (NASDAQ:ICFI) last posted 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 firm had revenue of $517.00 million for the quarter, compared to analysts’ expectations of $528.02 million. ICF International had a net margin of 5.38% and a return on equity of 14.68%. The company’s revenue was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.81 earnings per share. On average, equities analysts expect that ICF International, Inc. will post 7.44 EPS for the current fiscal year.

ICF International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 6th were paid a dividend of $0.14 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.45%. ICF International’s payout ratio is presently 9.84%.

Insiders Place Their Bets

In related 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 value of $249,679.94. Following the sale, the executive vice president now owns 3,417 shares of the company’s stock, valued at $593,293.71. The trade was a 29.62 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Scott B. Salmirs acquired 400 shares of ICF International stock in a transaction that occurred on Monday, November 18th. The stock was acquired at an average cost of $138.38 per share, for a total transaction of $55,352.00. Following the purchase, the director now owns 5,803 shares of the company’s stock, valued at $803,019.14. The trade was a 7.40 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 1.39% of the company’s stock.

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.