Russell Investments Group Ltd. raised its stake in ICF International Inc (NASDAQ:ICFI) by 38.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 116,909 shares of the business services provider’s stock after buying an additional 32,502 shares during the period. Russell Investments Group Ltd. owned about 0.63% of ICF International worth $6,307,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the business. Seizert Capital Partners LLC boosted its position in ICF International by 1.2% in the 2nd quarter. Seizert Capital Partners LLC now owns 59,552 shares of the business services provider’s stock valued at $2,805,000 after buying an additional 707 shares during the period. Systematic Financial Management LP boosted its position in ICF International by 3.5% in the 2nd quarter. Systematic Financial Management LP now owns 32,395 shares of the business services provider’s stock valued at $1,526,000 after buying an additional 1,085 shares during the period. Strs Ohio boosted its position in ICF International by 7.3% in the 2nd quarter. Strs Ohio now owns 17,600 shares of the business services provider’s stock valued at $828,000 after buying an additional 1,200 shares during the period. Teachers Advisors LLC boosted its position in ICF International by 6.3% in the 2nd quarter. Teachers Advisors LLC now owns 32,729 shares of the business services provider’s stock valued at $1,542,000 after buying an additional 1,946 shares during the period. Finally, First Quadrant L P CA boosted its position in ICF International by 23.2% in the 3rd quarter. First Quadrant L P CA now owns 13,201 shares of the business services provider’s stock valued at $712,000 after buying an additional 2,483 shares during the period. 91.39% of the stock is owned by institutional investors.

In related news, insider Ellen Glover sold 5,634 shares of the stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of $52.00, for a total transaction of $292,968.00. Following the completion of the sale, the insider now owns 33,357 shares of the company’s stock, valued at $1,734,564. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider James C. M. Morgan sold 4,696 shares of the stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $55.00, for a total transaction of $258,280.00. Following the sale, the insider now directly owns 22,479 shares of the company’s stock, valued at approximately $1,236,345. The disclosure for this sale can be found here. Insiders sold a total of 23,312 shares of company stock valued at $1,232,803 in the last ninety days. Corporate insiders own 5.48% of the company’s stock.

Shares of ICF International Inc (NASDAQ ICFI) opened at $53.30 on Friday. ICF International Inc has a 52-week low of $40.20 and a 52-week high of $59.55. The firm has a market cap of $993.62, a P/E ratio of 17.71, a PEG ratio of 1.78 and a beta of 0.84. 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 (NASDAQ:ICFI) last announced its quarterly earnings results on Thursday, November 2nd. The business services provider reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.03. ICF International had a net margin of 4.05% and a return on equity of 10.14%. The firm had revenue of $305.30 million during the quarter, compared to analysts’ expectations of $311.49 million. During the same quarter in the prior year, the company earned $0.81 EPS. The company’s revenue was down .4% compared to the same quarter last year. research analysts expect that ICF International Inc will post 3 earnings per share for the current fiscal year.

Several equities research analysts have recently weighed in on ICFI shares. ValuEngine cut shares of ICF International from a “buy” rating to a “hold” rating in a research report on Thursday, November 30th. SunTrust Banks reaffirmed a “buy” rating and issued a $56.00 price target on shares of ICF International in a research report on Tuesday, August 29th. Noble Financial reaffirmed a “hold” rating on shares of ICF International in a research report on Tuesday, November 7th. BidaskClub cut shares of ICF International from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 26th. Finally, Zacks Investment Research raised shares of ICF International from a “hold” rating to a “buy” rating and set a $62.00 price target for the company in a research report on Wednesday, October 4th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $60.40.

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About ICF International

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.

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

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