ICF International (NASDAQ:ICFI) Director Randall Mehl Purchases 500 Shares

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

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

• On Friday, November 14th, Randall Mehl bought 500 shares of ICF International stock. The shares were acquired at an average cost of $78.14 per share, for a total transaction of $39,070.00.

ICF International Stock Performance

ICFI stock traded down $1.40 during midday trading on Monday, reaching $76.65. The stock had a trading volume of 166,096 shares, compared to its average volume of 226,296. 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, Inc. has a 52-week low of $72.03 and a 52-week high of $141.51. The stock has a market cap of $1.41 billion, a PE ratio of 13.33 and a beta of 0.48. The firm has a fifty day simple moving average of $89.78 and a two-hundred day simple moving average of $89.02.

ICF International (NASDAQ:ICFI) last announced its quarterly earnings results on Thursday, October 30th. The business services provider reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.75 by ($0.08). The company had revenue of $465.41 million for the quarter, compared to analyst estimates 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 period in the prior year, the business posted $2.13 earnings per share. As a group, equities research analysts anticipate that ICF International, Inc. will post 7.44 EPS for the current year.

ICF International Announces Dividend

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

Institutional Trading of ICF International

A number of large investors have recently bought and sold shares of ICFI. Entropy Technologies LP acquired a new position in shares of ICF International during the 1st quarter worth $661,000. Cornerstone Investment Partners LLC purchased a new stake in shares of ICF International during the second quarter worth about $270,000. Zions Bancorporation National Association UT acquired a new position in ICF International in the 1st quarter valued at $1,671,000. Argent Capital Management LLC lifted its position in ICF International by 26.4% during the second quarter. Argent Capital Management LLC now owns 47,946 shares of the business services provider’s stock worth $4,062,000 after buying an additional 10,028 shares during the period. Finally, Quantbot Technologies LP raised its position in shares of ICF International by 25.7% in the 1st quarter. Quantbot Technologies LP now owns 35,592 shares of the business services provider’s stock worth $3,024,000 after buying an additional 7,282 shares during the period. Institutional investors and hedge funds own 94.12% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ICFI. Weiss Ratings reissued a “hold (c)” rating on shares of ICF International in a research note on Friday, October 31st. Barrington Research reaffirmed an “outperform” rating and issued a $107.00 target price on shares of ICF International in a research report on Tuesday, September 23rd. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, ICF International presently has an average rating of “Moderate Buy” and a consensus price target of $128.20.

ICF International Company Profile

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.