Campbell & CO Investment Adviser LLC Trims Stock Holdings in ICF International, Inc. $ICFI

Campbell & CO Investment Adviser LLC lessened its position in shares of ICF International, Inc. (NASDAQ:ICFI) by 21.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,791 shares of the business services provider’s stock after selling 1,290 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in ICF International were worth $406,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Cornerstone Investment Partners LLC purchased a new stake in ICF International in the second quarter valued at approximately $270,000. Bank of New York Mellon Corp raised its position in ICF International by 4.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 85,896 shares of the business services provider’s stock worth $7,276,000 after buying an additional 3,906 shares during the last quarter. Argent Capital Management LLC lifted its stake in ICF International by 26.4% during the 2nd quarter. Argent Capital Management LLC now owns 47,946 shares of the business services provider’s stock valued at $4,062,000 after acquiring an additional 10,028 shares during the period. Third Avenue Management LLC boosted its holdings in shares of ICF International by 6.4% in the 1st quarter. Third Avenue Management LLC now owns 47,024 shares of the business services provider’s stock valued at $3,996,000 after acquiring an additional 2,836 shares during the last quarter. Finally, Quantbot Technologies LP increased its stake in shares of ICF International by 25.7% in the first quarter. Quantbot Technologies LP now owns 35,592 shares of the business services provider’s stock worth $3,024,000 after acquiring an additional 7,282 shares during the period. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of ICF International in a research report on Friday, October 31st. Barrington Research reissued an “outperform” rating and issued a $107.00 price objective on shares of ICF International in a report on Tuesday, September 23rd. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, ICF International currently has a consensus rating of “Moderate Buy” and an average target price of $128.20.

ICF International Price Performance

Shares of NASDAQ ICFI opened at $78.05 on Monday. The firm has a market cap of $1.44 billion, a PE ratio of 13.57 and a beta of 0.48. ICF International, Inc. has a one year low of $72.03 and a one year high of $155.79. The firm has a fifty day moving average of $89.78 and a 200 day moving average of $89.02. 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 issued its quarterly earnings results on Thursday, October 30th. The business services provider reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.75 by ($0.08). ICF International had a return on equity of 14.50% and a net margin of 5.45%.The firm had revenue of $465.41 million during the quarter, compared to analyst estimates of $485.10 million. During the same period in the prior year, the firm earned $2.13 earnings per share. The business’s revenue was down 10.0% on a year-over-year basis. As a group, research analysts predict that ICF International, Inc. will post 7.44 EPS for the current fiscal year.

ICF International Dividend Announcement

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

Insider Buying and Selling at ICF International

In related news, COO James C. M. Morgan sold 2,400 shares of the business’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $95.19, for a total transaction of $228,456.00. Following the transaction, the chief operating officer directly owned 39,704 shares in the company, valued at approximately $3,779,423.76. The trade was a 5.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.48% 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.