Systematic Financial Management LP raised its stake in shares of ICF International, Inc. (NASDAQ:ICFI) by 0.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,310 shares of the business services provider’s stock after buying an additional 60 shares during the period. Systematic Financial Management LP’s holdings in ICF International were worth $1,293,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of the stock. American International Group Inc. raised its stake in ICF International by 7.1% in the first quarter. American International Group Inc. now owns 11,116 shares of the business services provider’s stock valued at $459,000 after buying an additional 735 shares during the period. Blair William & Co. IL raised its stake in ICF International by 6.5% in the first quarter. Blair William & Co. IL now owns 13,326 shares of the business services provider’s stock valued at $563,000 after buying an additional 811 shares during the period. Metropolitan Life Insurance Co. NY raised its stake in ICF International by 8.6% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 13,061 shares of the business services provider’s stock valued at $721,000 after buying an additional 1,038 shares during the period. SG Americas Securities LLC raised its stake in ICF International by 90.3% in the first quarter. SG Americas Securities LLC now owns 4,537 shares of the business services provider’s stock valued at $187,000 after buying an additional 2,153 shares during the period. Finally, Martingale Asset Management L P raised its stake in ICF International by 4.5% in the fourth quarter. Martingale Asset Management L P now owns 65,123 shares of the business services provider’s stock valued at $3,595,000 after buying an additional 2,818 shares during the period. 91.18% of the stock is currently owned by institutional investors.
ICF International, Inc. (ICFI) traded down 1.28% during mid-day trading on Tuesday, reaching $46.40. 7,468 shares of the company were exchanged. The stock has a market capitalization of $872.27 million, a price-to-earnings ratio of 19.26 and a beta of 0.84. The stock has a 50 day moving average of $46.73 and a 200-day moving average of $48.30. ICF International, Inc. has a one year low of $38.54 and a one year high of $59.55.
ICF International (NASDAQ:ICFI) last released its earnings results on Thursday, May 4th. The business services provider reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.07. ICF International had a net margin of 3.91% and a return on equity of 10.32%. The company had revenue of $296.30 million for the quarter, compared to analysts’ expectations of $293.28 million. During the same quarter last year, the business earned $0.62 EPS. The firm’s revenue was up 4.5% compared to the same quarter last year. On average, equities analysts expect that ICF International, Inc. will post $3.00 earnings per share for the current fiscal year.
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Several research firms have recently issued reports on ICFI. Zacks Investment Research raised shares of ICF International from a “hold” rating to a “buy” rating and set a $52.00 price target on the stock in a research report on Friday. Noble Financial reissued a “hold” rating on shares of ICF International in a research report on Sunday, May 7th. Finally, Barrington Research boosted their price target on shares of ICF International from $49.00 to $55.00 and gave the company an “outperform” rating in a research report on Thursday, May 18th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. ICF International has an average rating of “Buy” and an average target price of $55.75.
ICF International Company 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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