First Mercantile Trust Co. Sells 1,210 Shares of ICF International Inc (ICFI)

First Mercantile Trust Co. reduced its stake in shares of ICF International Inc (NASDAQ:ICFI) by 26.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,380 shares of the business services provider’s stock after selling 1,210 shares during the quarter. First Mercantile Trust Co.’s holdings in ICF International were worth $177,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in ICFI. Eqis Capital Management Inc. purchased a new position in ICF International during the third quarter valued at approximately $214,000. First Quadrant L P CA raised its position in ICF International by 23.2% during the third quarter. First Quadrant L P CA now owns 13,201 shares of the business services provider’s stock valued at $712,000 after acquiring an additional 2,483 shares in the last quarter. California Public Employees Retirement System raised its position in ICF International by 28.3% during the second quarter. California Public Employees Retirement System now owns 27,200 shares of the business services provider’s stock valued at $1,281,000 after acquiring an additional 6,000 shares in the last quarter. Teachers Advisors LLC raised its position in ICF International by 6.3% during the second quarter. Teachers Advisors LLC now owns 32,729 shares of the business services provider’s stock valued at $1,542,000 after acquiring an additional 1,946 shares in the last quarter. Finally, Nationwide Fund Advisors grew its holdings in ICF International by 41.8% in the third quarter. Nationwide Fund Advisors now owns 36,703 shares of the business services provider’s stock valued at $1,980,000 after purchasing an additional 10,825 shares during the period. Institutional investors own 90.83% of the company’s stock.

Shares of ICF International Inc (ICFI) opened at $56.30 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.57 and a quick ratio of 1.57. ICF International Inc has a 1-year low of $40.20 and a 1-year high of $56.55. The company has a market capitalization of $1,027.20, a P/E ratio of 18.31, a price-to-earnings-growth ratio of 1.68 and a beta of 0.87.

Several analysts have commented on the company. BidaskClub lowered ICF International from a “hold” rating to a “sell” rating in a report on Saturday, December 16th. Zacks Investment Research lowered ICF International from a “buy” rating to a “hold” rating in a report on Saturday, February 10th. ValuEngine lowered ICF International from a “buy” rating to a “hold” rating in a report on Thursday, November 30th. Finally, Noble Financial reissued a “hold” rating on shares of ICF International in a report on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $58.50.

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ICF International Profile

ICF International, Inc provides professional services and technology-based solutions to government and commercial clients, including management, technology, and policy consulting and implementation services. The Company’s services address four markets: energy, environment and infrastructure; health, education and social programs; safety and security, and consumer and financial.

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

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