Insider Selling: ICF International Inc (ICFI) EVP Sells 1,132 Shares of Stock

ICF International Inc (NASDAQ:ICFI) EVP Sergio J. Ostria sold 1,132 shares of the stock in a transaction that occurred on Thursday, July 12th. The shares were sold at an average price of $74.00, for a total transaction of $83,768.00. Following the sale, the executive vice president now directly owns 8,247 shares of the company’s stock, valued at $610,278. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of NASDAQ:ICFI opened at $74.95 on Monday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.63 and a quick ratio of 1.63. The company has a market capitalization of $1.41 billion, a P/E ratio of 24.82, a PEG ratio of 2.01 and a beta of 0.69. ICF International Inc has a 52 week low of $41.10 and a 52 week high of $76.13.

ICF International (NASDAQ:ICFI) last issued its quarterly earnings results on Wednesday, May 2nd. The business services provider reported $0.77 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.76 by $0.01. The business had revenue of $302.80 million during the quarter, compared to the consensus estimate of $304.97 million. ICF International had a net margin of 5.27% and a return on equity of 9.91%. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.69 EPS. research analysts expect that ICF International Inc will post 3.74 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, July 16th. Investors of record on Friday, June 8th will be given a $0.14 dividend. The ex-dividend date is Thursday, June 7th. This represents a $0.56 annualized dividend and a dividend yield of 0.75%. ICF International’s dividend payout ratio (DPR) is presently 18.54%.

Several analysts recently commented on ICFI shares. Zacks Investment Research raised shares of ICF International from a “hold” rating to a “buy” rating and set a $73.00 target price for the company in a research note on Saturday, May 5th. SunTrust Banks increased their target price on shares of ICF International to $77.00 and gave the company an “average” rating in a research note on Tuesday, April 17th. They noted that the move was a valuation call. ValuEngine raised shares of ICF International from a “buy” rating to a “strong-buy” rating in a research note on Monday, April 2nd. Loop Capital increased their target price on shares of ICF International to $74.00 and gave the company a “buy” rating in a research note on Friday, May 4th. Finally, Barrington Research reissued a “buy” rating and set a $75.00 target price on shares of ICF International in a research note on Friday, June 8th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. ICF International has an average rating of “Buy” and a consensus target price of $72.83.

Large investors have recently modified their holdings of the stock. Koch Industries Inc. purchased a new stake in shares of ICF International in the 1st quarter valued at approximately $280,000. Element Capital Management LLC purchased a new stake in shares of ICF International in the 1st quarter valued at approximately $291,000. Robeco Institutional Asset Management B.V. purchased a new stake in shares of ICF International in the 1st quarter valued at approximately $308,000. Victory Capital Management Inc. lifted its position in shares of ICF International by 56.2% in the 1st quarter. Victory Capital Management Inc. now owns 5,563 shares of the business services provider’s stock valued at $325,000 after acquiring an additional 2,002 shares in the last quarter. Finally, OppenheimerFunds Inc. lifted its position in shares of ICF International by 23.5% in the 1st quarter. OppenheimerFunds Inc. now owns 6,133 shares of the business services provider’s stock valued at $358,000 after acquiring an additional 1,169 shares in the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

About ICF International

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.

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Insider Buying and Selling by Quarter for ICF International (NASDAQ:ICFI)

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