Tudor Investment Corp ET AL Raises Stock Position in ICF International, Inc. (NASDAQ:ICFI)

Tudor Investment Corp ET AL boosted its holdings in ICF International, Inc. (NASDAQ:ICFI - Free Report) by 5,171.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 73,904 shares of the business services provider's stock after buying an additional 72,502 shares during the period. Tudor Investment Corp ET AL owned 0.39% of ICF International worth $8,810,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. SG Americas Securities LLC increased its stake in ICF International by 44.4% in the 4th quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider's stock worth $131,000 after acquiring an additional 339 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of ICF International in the fourth quarter valued at $149,000. Cibc World Markets Corp bought a new stake in ICF International in the fourth quarter worth $208,000. Millstone Evans Group LLC purchased a new stake in ICF International during the fourth quarter valued at $447,000. Finally, Handelsbanken Fonder AB lifted its position in ICF International by 8.3% during the fourth quarter. Handelsbanken Fonder AB now owns 5,222 shares of the business services provider's stock valued at $623,000 after purchasing an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 94.12% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Canaccord Genuity Group restated a "hold" rating and set a $100.00 target price (down from $200.00) on shares of ICF International in a research report on Friday, February 28th. StockNews.com downgraded ICF International from a "buy" rating to a "hold" rating in a research report on Friday. Truist Financial dropped their target price on ICF International from $97.00 to $85.00 and set a "hold" rating for the company in a report on Monday, April 14th. Finally, Barrington Research lowered their price target on ICF International from $174.00 to $102.00 and set an "outperform" rating for the company in a research report on Monday, March 3rd. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $129.20.

ICF International Trading Down 6.4 %

Shares of NASDAQ ICFI traded down $5.42 during midday trading on Friday, hitting $79.86. The company's stock had a trading volume of 452,639 shares, compared to its average volume of 187,261. ICF International, Inc. has a 12-month low of $75.91 and a 12-month high of $179.67. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.43. The firm has a market cap of $1.47 billion, a P/E ratio of 14.04 and a beta of 0.49. The business's 50 day moving average is $84.70 and its two-hundred day moving average is $116.68.

ICF International (NASDAQ:ICFI - Get Free Report) last released its earnings results on Thursday, May 1st. The business services provider reported $1.94 earnings per share for the quarter, topping analysts' consensus estimates of $1.74 by $0.20. The business had revenue of $487.62 million for the quarter, compared to analyst estimates of $487.28 million. ICF International had a return on equity of 14.68% and a net margin of 5.38%. The business's revenue was down 1.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.77 earnings per share. As a group, equities research analysts expect that ICF International, Inc. will post 7.44 EPS for the current year.

ICF International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Friday, June 6th will be paid a $0.14 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a $0.56 dividend on an annualized basis and a yield of 0.70%. ICF International's dividend payout ratio is currently 9.61%.

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.