ICF International Inc. (NASDAQ:ICFI) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Monday.

According to Zacks, “ICF International partners with government and commercial clients to deliver consulting services and technology solutions in the energy, environment, transportation, social programs, defense, and homeland security markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from analysis and design through implementation and improvement. ICF has been serving government at all levels, major corporations, and multilateral institutions. “

Separately, Stifel Nicolaus raised their target price on ICF International from $49.00 to $51.00 and gave the company a “buy” rating in a research note on Wednesday, August 3rd. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $50.00.

ICF International (NASDAQ:ICFI) opened at 43.92 on Monday. ICF International has a 12 month low of $29.19 and a 12 month high of $44.44. The stock has a market cap of $833.25 million, a PE ratio of 19.95 and a beta of 1.27. The stock’s 50 day moving average price is $41.82 and its 200-day moving average price is $39.43.

ICF International (NASDAQ:ICFI) last released its earnings results on Tuesday, August 2nd. The company reported $0.69 EPS for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.01. The company earned $305.40 million during the quarter, compared to analysts’ expectations of $294.06 million. ICF International had a return on equity of 10.23% and a net margin of 3.67%. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.63 EPS. Analysts anticipate that ICF International will post $2.88 EPS for the current fiscal year.

In other ICF International news, EVP Ellen Glover sold 8,952 shares of ICF International stock in a transaction on Friday, September 16th. The stock was sold at an average price of $43.00, for a total transaction of $384,936.00. Following the completion of the transaction, the executive vice president now owns 34,246 shares in the company, valued at $1,472,578. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sudhakar Kesavan sold 9,634 shares of ICF International stock in a transaction on Wednesday, July 6th. The shares were sold at an average price of $41.00, for a total value of $394,994.00. Following the transaction, the chief executive officer now owns 152,364 shares of the company’s stock, valued at approximately $6,246,924. The disclosure for this sale can be found here. Company insiders own 6.00% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Systematic Financial Management LP bought a new position in shares of ICF International during the second quarter worth about $1,533,000. UBS Asset Management Americas Inc. acquired a new stake in ICF International during the second quarter worth approximately $221,000. Ameriprise Financial Inc. acquired a new stake in ICF International during the second quarter worth approximately $2,867,000. Emerald Acquisition Ltd. acquired a new stake in ICF International during the second quarter worth approximately $7,177,000. Finally, Emerald Advisers Inc. PA acquired a new stake in ICF International during the second quarter worth approximately $513,000. Institutional investors and hedge funds own 92.69% of the company’s stock.

About ICF International

ICF International, Inc, formerly ICF Consulting Group Holdings, LLC, provides professional services and technology-based solutions to government and commercial clients, including management, technology and policy consulting and implementation services. It operates through professional services for government and commercial clients segment.

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