ICF International, Inc. (NASDAQ:ICFI) Short Interest Update

ICF International, Inc. (NASDAQ:ICFI - Get Free Report) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 674,200 shares, a decline of 35.2% from the February 28th total of 1,040,000 shares. Based on an average daily volume of 304,300 shares, the days-to-cover ratio is currently 2.2 days. Approximately 3.7% of the shares of the company are short sold.

Wall Street Analyst Weigh In

ICFI has been the subject of several recent analyst reports. Canaccord Genuity Group reiterated a "hold" rating and issued a $100.00 price objective (down from $200.00) on shares of ICF International in a report on Friday, February 28th. Barrington Research decreased their price target on ICF International from $174.00 to $102.00 and set an "outperform" rating for the company in a research note on Monday, March 3rd. StockNews.com raised ICF International from a "hold" rating to a "buy" rating in a research note on Saturday. Finally, D. Boral Capital reaffirmed an "outperform" rating and set a $174.00 target price on shares of ICF International in a research note on Monday, December 16th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $140.20.

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ICF International Price Performance

Shares of ICFI traded up $1.87 during trading hours on Wednesday, hitting $86.27. 465,196 shares of the company were exchanged, compared to its average volume of 172,515. The firm has a fifty day simple moving average of $99.88 and a 200-day simple moving average of $130.35. The company has a market capitalization of $1.59 billion, a PE ratio of 15.16 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. ICF International has a one year low of $75.91 and a one year high of $179.67.

ICF International Announces Dividend

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

Institutional Trading of ICF International

A number of hedge funds have recently bought and sold shares of ICFI. Geode Capital Management LLC increased its position in shares of ICF International by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 442,995 shares of the business services provider's stock worth $52,822,000 after acquiring an additional 2,010 shares in the last quarter. Systematic Financial Management LP grew its position in ICF International by 0.9% during the 3rd quarter. Systematic Financial Management LP now owns 279,048 shares of the business services provider's stock worth $46,542,000 after purchasing an additional 2,484 shares in the last quarter. Tributary Capital Management LLC raised its stake in ICF International by 10.9% during the 4th quarter. Tributary Capital Management LLC now owns 211,863 shares of the business services provider's stock valued at $25,256,000 after purchasing an additional 20,861 shares during the period. BNP Paribas Financial Markets lifted its holdings in shares of ICF International by 411.7% in the fourth quarter. BNP Paribas Financial Markets now owns 90,226 shares of the business services provider's stock valued at $10,756,000 after purchasing an additional 72,595 shares in the last quarter. Finally, Tudor Investment Corp ET AL boosted its position in shares of ICF International by 5,171.3% in the fourth quarter. Tudor Investment Corp ET AL now owns 73,904 shares of the business services provider's stock worth $8,810,000 after buying an additional 72,502 shares during the period. 94.12% of the stock is owned by hedge funds and other institutional investors.

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.