ICF (NASDAQ:ICFI)’s share price hit a new 52-week high and low during mid-day trading on Tuesday after SunTrust Banks raised their price target on the stock to $77.00. SunTrust Banks currently has an average rating on the stock. ICF traded as low as $66.50 and last traded at $66.15, with a volume of 165923 shares changing hands. The stock had previously closed at $64.35.

ICFI has been the subject of a number of other research reports. BidaskClub upgraded shares of ICF from a “strong sell” rating to a “sell” rating in a research report on Saturday, February 10th. Zacks Investment Research lowered shares of ICF from a “buy” rating to a “hold” rating in a research report on Saturday, February 10th. ValuEngine upgraded shares of ICF from a “buy” rating to a “strong-buy” rating in a research report on Monday, April 2nd. Cowen began coverage on shares of ICF in a report on Wednesday, March 28th. They issued a “market perform” rating and a $65.00 price target for the company. Finally, Wells Fargo upped their price target on shares of ICF from $58.00 to $61.00 and gave the company a “market perform” rating in a report on Wednesday, February 28th. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. ICF currently has a consensus rating of “Buy” and a consensus price target of $66.60.

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In other ICF news, CEO Sudhakar Kesavan sold 16,280 shares of the company’s stock in a transaction dated Friday, March 2nd. The shares were sold at an average price of $60.00, for a total value of $976,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO John Wasson sold 12,982 shares of the company’s stock in a transaction dated Thursday, April 5th. The shares were sold at an average price of $62.50, for a total transaction of $811,375.00. Following the completion of the sale, the chief operating officer now directly owns 71,605 shares of the company’s stock, valued at $4,475,312.50. The disclosure for this sale can be found here. Insiders sold a total of 74,246 shares of company stock valued at $4,427,215 over the last three months. 5.48% of the stock is owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of ICFI. Nationwide Fund Advisors lifted its stake in ICF by 41.8% during the third quarter. Nationwide Fund Advisors now owns 36,703 shares of the business services provider’s stock valued at $1,980,000 after buying an additional 10,825 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in ICF by 10.3% during the third quarter. Ameriprise Financial Inc. now owns 80,506 shares of the business services provider’s stock valued at $4,344,000 after buying an additional 7,547 shares in the last quarter. California Public Employees Retirement System lifted its stake in ICF by 8.3% during the third quarter. California Public Employees Retirement System now owns 29,465 shares of the business services provider’s stock valued at $1,590,000 after buying an additional 2,265 shares in the last quarter. Public Employees Retirement System of Ohio lifted its stake in ICF by 2,973.7% during the third quarter. Public Employees Retirement System of Ohio now owns 50,685 shares of the business services provider’s stock valued at $2,734,000 after buying an additional 49,036 shares in the last quarter. Finally, GW&K Investment Management LLC lifted its stake in ICF by 96.1% during the fourth quarter. GW&K Investment Management LLC now owns 309,476 shares of the business services provider’s stock valued at $16,247,000 after buying an additional 151,661 shares in the last quarter. 92.36% of the stock is owned by institutional investors.

The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.48 and a current ratio of 1.48. The company has a market cap of $1,189.87, a P/E ratio of 21.68, a PEG ratio of 1.73 and a beta of 0.69.

ICF (NASDAQ:ICFI) last posted its quarterly earnings results on Tuesday, February 27th. The business services provider reported $0.78 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.78. The business had revenue of $321.17 million during the quarter, compared to analyst estimates of $307.52 million. ICF had a net margin of 5.12% and a return on equity of 9.95%. sell-side analysts predict that ICF will post 3.7 EPS for the current fiscal year.

The business also recently declared a special dividend, which was paid on Monday, April 16th. Stockholders of record on Friday, March 30th were given a $0.14 dividend. The ex-dividend date was Wednesday, March 28th. ICF’s dividend payout ratio (DPR) is 4.64%.

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About ICF

ICF International Inc provides management, marketing, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, and 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, market, business, communication, and technology challenges.

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