Sagard Capital Partners Management Corp Lowers stake in ICF International Inc (ICFI)

ICF International Inc (ICFI) : Sagard Capital Partners Management Corp reduced its stake in ICF International Inc by 72.47% during the most recent quarter end. The investment management company now holds a total of 332,801 shares of ICF International Inc which is valued at $13.4 Million after selling 876,034 shares in ICF International Inc , the firm said in a disclosure report filed with the SEC on May 13, 2016.ICF International Inc makes up approximately 5.14% of Sagard Capital Partners Management Corp’s portfolio.

Other Hedge Funds, Including , Parametric Portfolio Associates boosted its stake in ICFI in the latest quarter, The investment management firm added 132,408 additional shares and now holds a total of 201,877 shares of ICF International Inc which is valued at $8.1 Million. ICF International Inc makes up approx 0.01% of Parametric Portfolio Associates’s portfolio.Royce Associates Lp reduced its stake in ICFI by selling 35,080 shares or 17.81% in the most recent quarter. The Hedge Fund company now holds 161,859 shares of ICFI which is valued at $6.5 Million. ICF International Inc makes up approx 0.04% of Royce Associates Lp’s portfolio.Pax World Management boosted its stake in ICFI in the latest quarter, The investment management firm added 67,756 additional shares and now holds a total of 322,370 shares of ICF International Inc which is valued at $12.9 Million. ICF International Inc makes up approx 0.70% of Pax World Management’s portfolio. Airain Ltd sold out all of its stake in ICFI during the most recent quarter. The investment firm sold 5,683 shares of ICFI which is valued $228,229.

ICF International Inc closed down -0.41 points or -1.01% at $40.17 with 72,868 shares getting traded on Wednesday. Post opening the session at $40.57, the shares hit an intraday low of $39.97 and an intraday high of $40.57 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, ICF International Inc reported $0.60 EPS for the quarter, based on the information available during the earnings call on May 5, 2016. Analyst had a consensus estimate of $0.60. The company had revenue of $283.60 million for the quarter, compared to analysts expectations of $280.03 million. The company’s revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 EPS.

Many Wall Street Analysts have commented on ICF International Inc. Barrington Research Upgraded ICF International Inc on May 9, 2016 to ” Outperform”, Price Target of the shares are set at $50.Company shares were Reiterated by Stifel on May 6, 2016 to “Buy”, Firm has raised the Price Target to $ 49 from a previous price target of $47 .

ICF International Inc. provides management technology and policy consulting and implementation services to Government and commercial clients. The Company’s services primarily address three key markets: energy environment and infrastructure; health social programs and consumer/financial and public safety and defense. Its primary services include research and analytic services assessment and advisory services design and management services solution identification and implementation services and engagement services. The Company researches critical policy industry and stakeholder issues trends and behavior. The Company collects and analyzes varieties of data to understand critical issues and options for its clients. The Company measures/assesses results and their impact and based on those assessments the Company provides advice to its clients on how to navigate societal market business communication and technology challenges.

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