Trust Point Inc. Has $1.05 Million Holdings in ICF International, Inc. (NASDAQ:ICFI)

Trust Point Inc. lessened its stake in ICF International, Inc. (NASDAQ:ICFI) by 1.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,795 shares of the business services provider’s stock after selling 161 shares during the quarter. Trust Point Inc.’s holdings in ICF International were worth $1,048,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its stake in shares of ICF International by 13.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 502 shares of the business services provider’s stock worth $84,000 after purchasing an additional 58 shares during the last quarter. Chartwell Investment Partners LLC lifted its holdings in shares of ICF International by 0.8% during the 3rd quarter. Chartwell Investment Partners LLC now owns 8,255 shares of the business services provider’s stock worth $1,377,000 after acquiring an additional 67 shares during the period. SG Americas Securities LLC lifted its holdings in shares of ICF International by 44.4% during the 4th quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider’s stock worth $131,000 after acquiring an additional 339 shares during the period. Martingale Asset Management L P increased its position in shares of ICF International by 25.5% during the 3rd quarter. Martingale Asset Management L P now owns 3,399 shares of the business services provider’s stock worth $567,000 after purchasing an additional 690 shares in the last quarter. Finally, Captrust Financial Advisors increased its position in shares of ICF International by 36.5% during the 3rd quarter. Captrust Financial Advisors now owns 3,617 shares of the business services provider’s stock worth $603,000 after purchasing an additional 967 shares in the last quarter. Institutional investors and hedge funds own 94.12% of the company’s stock.

ICF International Price Performance

Shares of NASDAQ:ICFI opened at $117.74 on Tuesday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.43. The stock’s fifty day simple moving average is $125.26 and its two-hundred day simple moving average is $148.14. ICF International, Inc. has a 1-year low of $114.52 and a 1-year high of $179.67. The stock has a market cap of $2.21 billion, a PE ratio of 20.69 and a beta of 0.57.

Insiders Place Their Bets

In other news, Director Scott B. Salmirs bought 400 shares of the business’s stock in a transaction on Monday, November 18th. The stock was acquired at an average price of $138.38 per share, with a total value of $55,352.00. Following the completion of the purchase, the director now directly owns 5,803 shares in the company, valued at $803,019.14. This represents a 7.40 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Anne F. Choate sold 1,438 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $173.63, for a total value of $249,679.94. Following the sale, the executive vice president now directly owns 3,417 shares of the company’s stock, valued at approximately $593,293.71. This trade represents a 29.62 % decrease in their position. The disclosure for this sale can be found here. 1.39% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. StockNews.com cut shares of ICF International from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 27th. Truist Financial lowered their target price on shares of ICF International from $180.00 to $140.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. D. Boral Capital reissued an “outperform” rating and issued a $174.00 target price on shares of ICF International in a research report on Monday, December 16th. Finally, Sidoti raised shares of ICF International from a “neutral” rating to a “buy” rating and set a $185.00 price objective for the company in a research report on Tuesday, November 19th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $168.60.

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.