ICF International, Inc. (NASDAQ:ICFI) Shares Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets grew its stake in ICF International, Inc. (NASDAQ:ICFI - Free Report) by 411.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 90,226 shares of the business services provider's stock after purchasing an additional 72,595 shares during the period. BNP Paribas Financial Markets owned approximately 0.48% of ICF International worth $10,756,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. SG Americas Securities LLC increased its holdings 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 purchasing an additional 339 shares during the period. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of ICF International in the fourth quarter valued at approximately $149,000. Cibc World Markets Corp purchased a new stake in shares of ICF International in the fourth quarter valued at approximately $208,000. Millstone Evans Group LLC purchased a new stake in shares of ICF International in the fourth quarter valued at approximately $447,000. Finally, Handelsbanken Fonder AB boosted its stake in shares of ICF International by 8.3% in the fourth quarter. Handelsbanken Fonder AB now owns 5,222 shares of the business services provider's stock valued at $623,000 after buying an additional 400 shares in the last quarter. Institutional investors and hedge funds own 94.12% of the company's stock.

ICF International Price Performance

ICFI traded down $0.49 during trading on Friday, reaching $87.99. 46,898 shares of the stock were exchanged, compared to its average volume of 192,230. The business's 50 day moving average price is $84.67 and its two-hundred day moving average price is $111.36. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 1.21. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of 15.47 and a beta of 0.48. ICF International, Inc. has a 1 year low of $75.91 and a 1 year high of $179.67.

ICF International (NASDAQ:ICFI - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The business services provider reported $1.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.74 by $0.20. ICF International had a return on equity of 14.68% and a net margin of 5.38%. The business had revenue of $487.62 million for the quarter, compared to the consensus estimate of $487.28 million. During the same period in the prior year, the business earned $1.77 earnings per share. The business's revenue was down 1.4% on a year-over-year basis. As a group, equities research analysts anticipate that ICF International, Inc. will post 7.44 earnings per share for the current year.

ICF International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Friday, June 6th will be given a $0.14 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a $0.56 annualized dividend and a dividend yield of 0.64%. ICF International's dividend payout ratio is currently 9.61%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on ICFI shares. Canaccord Genuity Group decreased their price target on ICF International from $100.00 to $90.00 and set a "hold" rating on the stock in a research note on Thursday, May 8th. StockNews.com downgraded ICF International from a "buy" rating to a "hold" rating in a research note on Friday, May 2nd. Truist Financial decreased their price target on ICF International from $97.00 to $85.00 and set a "hold" rating on the stock in a research note on Monday, April 14th. Finally, Barrington Research decreased their target price on ICF International from $174.00 to $102.00 and set an "outperform" rating on the stock in a research report on Monday, March 3rd. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $127.20.

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.