ICF International Inc (ICFI) Shares Sold by Martingale Asset Management L P

Martingale Asset Management L P lessened its position in shares of ICF International Inc (NASDAQ:ICFI) by 7.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 68,511 shares of the business services provider’s stock after selling 5,596 shares during the period. Martingale Asset Management L P owned approximately 0.36% of ICF International worth $5,170,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. Copper Rock Capital Partners LLC boosted its holdings in shares of ICF International by 7.5% during the third quarter. Copper Rock Capital Partners LLC now owns 421,934 shares of the business services provider’s stock worth $30,864,000 after acquiring an additional 29,474 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of ICF International by 20.2% during the second quarter. Russell Investments Group Ltd. now owns 345,100 shares of the business services provider’s stock worth $24,519,000 after acquiring an additional 58,091 shares during the period. Systematic Financial Management LP boosted its holdings in shares of ICF International by 2.4% during the third quarter. Systematic Financial Management LP now owns 322,938 shares of the business services provider’s stock worth $24,366,000 after acquiring an additional 7,522 shares during the period. Peregrine Capital Management LLC boosted its holdings in shares of ICF International by 2.7% during the third quarter. Peregrine Capital Management LLC now owns 157,717 shares of the business services provider’s stock worth $11,900,000 after acquiring an additional 4,176 shares during the period. Finally, United Services Automobile Association boosted its holdings in shares of ICF International by 16.3% during the second quarter. United Services Automobile Association now owns 150,306 shares of the business services provider’s stock worth $10,679,000 after acquiring an additional 21,062 shares during the period. Institutional investors own 92.50% of the company’s stock.

In related news, COO John Wasson sold 2,532 shares of the business’s stock in a transaction dated Tuesday, September 18th. The shares were sold at an average price of $79.58, for a total transaction of $201,496.56. Following the sale, the chief operating officer now owns 51,113 shares of the company’s stock, valued at $4,067,572.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 4.67% of the company’s stock.

Shares of ICFI stock opened at $68.70 on Monday. ICF International Inc has a 1 year low of $50.10 and a 1 year high of $82.25. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.65 and a quick ratio of 1.65. The company has a market capitalization of $1.29 billion, a P/E ratio of 22.75, a P/E/G ratio of 1.80 and a beta of 0.72.

ICF International (NASDAQ:ICFI) last posted its quarterly earnings data on Thursday, November 1st. The business services provider reported $1.01 EPS for the quarter, hitting the consensus estimate of $1.01. ICF International had a net margin of 5.45% and a return on equity of 10.24%. The business had revenue of $333.00 million for the quarter, compared to analyst estimates of $332.19 million. During the same quarter in the previous year, the firm posted $0.83 earnings per share. ICF International’s quarterly revenue was up 9.1% on a year-over-year basis. As a group, analysts predict that ICF International Inc will post 3.81 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 16th. Investors of record on Friday, December 7th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.82%. The ex-dividend date is Thursday, December 6th. ICF International’s payout ratio is currently 18.54%.

A number of equities research analysts have recently issued reports on ICFI shares. Barrington Research set a $86.00 price objective on ICF International and gave the stock a “buy” rating in a report on Friday, November 9th. BidaskClub upgraded ICF International from a “hold” rating to a “buy” rating in a report on Friday, October 26th. Cowen set a $85.00 price objective on ICF International and gave the stock a “buy” rating in a report on Monday, November 5th. Loop Capital boosted their price objective on ICF International to $89.00 and gave the stock a “buy” rating in a report on Friday, August 3rd. Finally, Zacks Investment Research cut ICF International from a “buy” rating to a “hold” rating in a report on Tuesday, November 13th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $79.67.

ILLEGAL ACTIVITY WARNING: “ICF International Inc (ICFI) Shares Sold by Martingale Asset Management L P” was first reported by WKRB News and is owned by of WKRB News. If you are reading this report on another publication, it was stolen and reposted in violation of US and international copyright & trademark laws. The original version of this report can be viewed at https://www.wkrb13.com/2018/11/26/icf-international-inc-icfi-shares-sold-by-martingale-asset-management-l-p.html.

ICF International Profile

ICF International Inc provides management, marketing, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, and 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, market, business, communication, and technology challenges.

See Also: Bull Market

Want to see what other hedge funds are holding ICFI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ICF International Inc (NASDAQ:ICFI).

Institutional Ownership by Quarter for ICF International (NASDAQ:ICFI)

Receive News & Ratings for ICF International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ICF International and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply