First Mercantile Trust Co. increased its position in ICF International, Inc. (NASDAQ:ICFI) by 781.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,290 shares of the business services provider’s stock after buying an additional 4,690 shares during the period. First Mercantile Trust Co.’s holdings in ICF International were worth $249,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Cigna Investments Inc. New bought a new stake in shares of ICF International during the second quarter worth approximately $423,000. Strs Ohio raised its stake in shares of ICF International by 7.3% in the second quarter. Strs Ohio now owns 17,600 shares of the business services provider’s stock worth $828,000 after buying an additional 1,200 shares during the last quarter. First Quadrant L P CA bought a new stake in shares of ICF International during the second quarter worth approximately $505,000. Tudor Investment Corp ET AL raised its stake in shares of ICF International by 60.4% in the first quarter. Tudor Investment Corp ET AL now owns 13,471 shares of the business services provider’s stock worth $556,000 after buying an additional 5,071 shares during the last quarter. Finally, State Street Corp raised its stake in shares of ICF International by 5.9% in the first quarter. State Street Corp now owns 341,004 shares of the business services provider’s stock worth $14,083,000 after buying an additional 19,110 shares during the last quarter. Institutional investors and hedge funds own 87.65% of the company’s stock.

ICF International, Inc. (NASDAQ ICFI) opened at 43.70 on Monday. The company has a market cap of $818.68 million, a P/E ratio of 17.55 and a beta of 0.81. The company has a 50-day moving average of $45.95 and a 200-day moving average of $45.76. ICF International, Inc. has a 52-week low of $39.62 and a 52-week high of $59.55.

ICF International (NASDAQ:ICFI) last released its quarterly earnings data on Wednesday, August 2nd. The business services provider reported $0.73 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.73. ICF International had a net margin of 4.02% and a return on equity of 10.25%. The firm had revenue of $306.39 million for the quarter, compared to the consensus estimate of $309.15 million. During the same quarter in the prior year, the company posted $0.69 earnings per share. The business’s revenue was up .3% on a year-over-year basis. On average, equities research analysts expect that ICF International, Inc. will post $2.99 earnings per share for the current fiscal year.

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A number of research analysts recently weighed in on ICFI shares. Zacks Investment Research downgraded shares of ICF International from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Noble Financial reaffirmed a “hold” rating on shares of ICF International in a research report on Thursday, August 3rd. Finally, BidaskClub downgraded shares of ICF International from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. ICF International presently has an average rating of “Hold” and a consensus target price of $57.33.

In other news, COO John Wasson sold 12,461 shares of the company’s stock in a transaction on Thursday, July 20th. The shares were sold at an average price of $47.50, for a total value of $591,897.50. Following the completion of the sale, the chief operating officer now owns 65,995 shares in the company, valued at approximately $3,134,762.50. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 5.48% of the company’s stock.

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

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