Tributary Capital Management LLC Buys 20,861 Shares of ICF International, Inc. (NASDAQ:ICFI)

Tributary Capital Management LLC raised its stake in ICF International, Inc. (NASDAQ:ICFI) by 10.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 211,863 shares of the business services provider’s stock after acquiring an additional 20,861 shares during the period. ICF International comprises about 2.0% of Tributary Capital Management LLC’s investment portfolio, making the stock its 13th largest position. Tributary Capital Management LLC owned 1.13% of ICF International worth $25,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the stock. Farther Finance Advisors LLC grew its holdings in shares of ICF International by 13.1% during the third quarter. Farther Finance Advisors LLC now owns 502 shares of the business services provider’s stock worth $84,000 after purchasing an additional 58 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of ICF International by 44.4% during the fourth quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider’s stock worth $131,000 after purchasing an additional 339 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of ICF International during the second quarter worth $301,000. AlphaMark Advisors LLC bought a new stake in shares of ICF International during the third quarter worth $342,000. Finally, Martingale Asset Management L P grew its holdings in shares of ICF International by 25.5% during the third quarter. Martingale Asset Management L P now owns 3,399 shares of the business services provider’s stock worth $567,000 after purchasing an additional 690 shares during the last quarter. 94.12% of the stock is currently owned by institutional investors.

Insider Activity at ICF International

In related news, EVP Anne F. Choate sold 1,438 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $173.63, for a total value of $249,679.94. Following the completion of the sale, the executive vice president now directly owns 3,417 shares in the company, valued at approximately $593,293.71. This trade represents a 29.62 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Scott B. Salmirs bought 400 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The stock was purchased at an average price of $138.38 per share, with a total value of $55,352.00. Following the completion of the purchase, the director now directly owns 5,803 shares in the company, valued at $803,019.14. The trade was a 7.40 % increase in their position. The disclosure for this purchase can be found here. 1.39% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

ICFI has been the topic of several research analyst reports. StockNews.com cut ICF International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 27th. Truist Financial decreased their price target on ICF International from $180.00 to $140.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. Sidoti upgraded ICF International from a “neutral” rating to a “buy” rating and set a $185.00 price target on the stock in a report on Tuesday, November 19th. Finally, D. Boral Capital reiterated an “outperform” rating and issued a $174.00 price target on shares of ICF International in a report on Monday, December 16th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $168.60.

ICF International Trading Down 2.6 %

NASDAQ:ICFI opened at $123.41 on Friday. ICF International, Inc. has a 1-year low of $114.99 and a 1-year high of $179.67. The business’s 50-day moving average price is $127.09 and its two-hundred day moving average price is $148.55. 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 capitalization of $2.32 billion, a price-to-earnings ratio of 21.69 and a beta of 0.57.

ICF International (NASDAQ:ICFI) last released its earnings results on Friday, November 1st. The business services provider reported $2.13 earnings per share for the quarter, beating the consensus estimate of $1.77 by $0.36. ICF International had a return on equity of 14.68% and a net margin of 5.38%. The firm had revenue of $517.00 million for the quarter, compared to analyst estimates of $528.02 million. During the same quarter in the prior year, the firm posted $1.81 earnings per share. The company’s quarterly revenue was up 3.1% on a year-over-year basis. On average, equities analysts expect that ICF International, Inc. will post 7.44 earnings per share for the current year.

ICF International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, December 6th were issued a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.45%. The ex-dividend date of this dividend was Friday, December 6th. ICF International’s payout ratio is presently 9.84%.

ICF International Company 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.