ICF International, Inc. (NASDAQ:ICFI) Shares Bought by Tudor Investment Corp ET AL

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

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. SG Americas Securities LLC boosted its holdings in shares of 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 valued at $131,000 after buying an additional 339 shares during the period. BI Asset Management Fondsmaeglerselskab A S acquired a new position in ICF International in the fourth quarter valued at approximately $149,000. Cibc World Markets Corp acquired a new position in ICF International in the fourth quarter valued at approximately $208,000. Millstone Evans Group LLC bought a new position in shares of ICF International during the fourth quarter valued at approximately $447,000. Finally, Handelsbanken Fonder AB raised its position in shares of ICF International by 8.3% during the 4th quarter. Handelsbanken Fonder AB now owns 5,222 shares of the business services provider's stock worth $623,000 after purchasing an additional 400 shares during the period. 94.12% of the stock is owned by institutional investors.

ICF International Stock Performance

Shares of NASDAQ ICFI traded up $0.17 during midday trading on Monday, reaching $80.03. 60,595 shares of the company traded hands, compared to its average volume of 187,259. The company has a market cap of $1.47 billion, a price-to-earnings ratio of 14.08 and a beta of 0.48. The stock has a 50-day moving average price of $84.70 and a 200 day moving average price of $115.86. ICF International, Inc. has a 52 week low of $75.91 and a 52 week high of $179.67. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 1.21.

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

ICF International Announces Dividend

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

Analysts Set New Price Targets

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

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.