ICF International, Inc. (NASDAQ:ICFI) Shares Acquired by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. grew its holdings in ICF International, Inc. (NASDAQ:ICFI - Free Report) by 76,550.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,660 shares of the business services provider's stock after buying an additional 30,620 shares during the period. Hillsdale Investment Management Inc. owned approximately 0.16% of ICF International worth $3,655,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Quantbot Technologies LP bought a new stake in ICF International during the third quarter worth approximately $852,000. BNP Paribas Financial Markets boosted its holdings in shares of ICF International by 94.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 17,631 shares of the business services provider's stock worth $2,941,000 after purchasing an additional 8,548 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 valued at $567,000 after purchasing an additional 690 shares during the last quarter. Captrust Financial Advisors raised its holdings in ICF International by 36.5% during the 3rd quarter. Captrust Financial Advisors now owns 3,617 shares of the business services provider's stock valued at $603,000 after buying an additional 967 shares during the period. Finally, Systematic Financial Management LP lifted its position in ICF International by 0.9% in the third quarter. Systematic Financial Management LP now owns 279,048 shares of the business services provider's stock worth $46,542,000 after buying an additional 2,484 shares during the last quarter. 94.12% of the stock is owned by hedge funds and other institutional investors.

Remove Ads

ICF International Stock Up 2.0 %

ICF International stock traded up $1.65 during trading hours on Thursday, reaching $85.99. The stock had a trading volume of 203,830 shares, compared to its average volume of 163,367. ICF International, Inc. has a 52 week low of $75.91 and a 52 week high of $179.67. The company has a market cap of $1.59 billion, a price-to-earnings ratio of 15.11 and a beta of 0.56. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 1.21. The business's 50 day moving average price is $103.48 and its 200-day moving average price is $132.79.

ICF International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Friday, March 28th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date of this dividend is Friday, March 28th. ICF International's payout ratio is presently 9.61%.

Wall Street Analyst Weigh In

ICFI has been the topic of a number of analyst reports. Canaccord Genuity Group reaffirmed a "hold" rating and set a $100.00 target price (down previously from $200.00) on shares of ICF International in a research note on Friday, February 28th. Barrington Research lowered their price objective on shares of ICF International from $174.00 to $102.00 and set an "outperform" rating for the company in a research report on Monday, March 3rd. D. Boral Capital reaffirmed an "outperform" rating and set a $174.00 target price on shares of ICF International in a research report on Monday, December 16th. Finally, StockNews.com lowered ICF International from a "buy" rating to a "hold" rating in a report on Monday, March 3rd. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $140.20.

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.