Randall Mehl Buys 500 Shares of ICF International (NASDAQ:ICFI) Stock

ICF International, Inc. (NASDAQ:ICFI) Director Randall Mehl purchased 500 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were bought at an average cost of $77.00 per share, with a total value of $38,500.00. Following the transaction, the director directly owned 20,474 shares of the company’s stock, valued at approximately $1,576,498. This represents a 2.50% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Randall Mehl also recently made the following trade(s):

• On Friday, November 14th, Randall Mehl purchased 500 shares of ICF International stock. The stock was purchased at an average price of $78.14 per share, with a total value of $39,070.00.

ICF International Stock Performance

Shares of NASDAQ ICFI traded down $1.40 during midday trading on Monday, hitting $76.65. The company’s stock had a trading volume of 166,096 shares, compared to its average volume of 226,296. The firm has a market cap of $1.41 billion, a P/E ratio of 13.33 and a beta of 0.48. The firm’s fifty day moving average price is $89.78 and its 200-day moving average price is $89.02. ICF International, Inc. has a 1-year low of $72.03 and a 1-year high of $141.51. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.29 and a current ratio of 1.29.

ICF International (NASDAQ:ICFI) last posted its earnings results on Thursday, October 30th. The business services provider reported $1.67 EPS for the quarter, missing the consensus estimate of $1.75 by ($0.08). The firm had revenue of $465.41 million during the quarter, compared to the consensus estimate of $485.10 million. ICF International had a return on equity of 14.50% and a net margin of 5.45%.ICF International’s revenue for the quarter was down 10.0% on a year-over-year basis. During the same quarter last year, the company posted $2.13 EPS. On average, sell-side analysts forecast that ICF International, Inc. will post 7.44 EPS for the current fiscal year.

ICF International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 9th. Shareholders of record on Friday, December 5th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, December 5th. ICF International’s dividend payout ratio (DPR) is presently 10.57%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on ICFI shares. Weiss Ratings reissued a “hold (c)” rating on shares of ICF International in a research note on Friday, October 31st. Barrington Research reiterated an “outperform” rating and issued a $107.00 price target on shares of ICF International in a research report on Tuesday, September 23rd. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $128.20.

Hedge Funds Weigh In On ICF International

Several institutional investors and hedge funds have recently bought and sold shares of ICFI. Tributary Capital Management LLC increased its holdings in shares of ICF International by 126.6% in the 3rd quarter. Tributary Capital Management LLC now owns 464,584 shares of the business services provider’s stock valued at $43,113,000 after purchasing an additional 259,581 shares during the period. Neumeier Poma Investment Counsel LLC grew its position in ICF International by 92.0% during the third quarter. Neumeier Poma Investment Counsel LLC now owns 328,181 shares of the business services provider’s stock valued at $30,455,000 after purchasing an additional 157,295 shares in the last quarter. Kennedy Capital Management LLC acquired a new position in ICF International in the 3rd quarter valued at approximately $8,354,000. Zions Bancorporation National Association UT acquired a new position in ICF International in the 1st quarter valued at approximately $1,671,000. Finally, Public Employees Retirement System of Ohio lifted its position in ICF International by 5,229.4% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 17,214 shares of the business services provider’s stock worth $1,597,000 after buying an additional 16,891 shares in the last quarter. Hedge funds and other institutional investors own 94.12% of the company’s stock.

About ICF International

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.