Millstone Evans Group LLC bought a new position in shares of ICF International, Inc. (NASDAQ:ICFI - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 3,752 shares of the business services provider's stock, valued at approximately $447,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. SG Americas Securities LLC raised its position in shares of ICF International by 44.4% during the fourth quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider's stock worth $131,000 after acquiring an additional 339 shares during the last quarter. Cibc World Markets Corp acquired a new stake in ICF International during the 4th quarter valued at approximately $208,000. Martingale Asset Management L P raised its holdings in 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 worth $567,000 after purchasing an additional 690 shares during the last quarter. Captrust Financial Advisors lifted its position in shares of ICF International by 36.5% in the 3rd quarter. Captrust Financial Advisors now owns 3,617 shares of the business services provider's stock worth $603,000 after purchasing an additional 967 shares during the period. Finally, Handelsbanken Fonder AB boosted its stake in shares of ICF International by 8.3% in the 4th quarter. Handelsbanken Fonder AB now owns 5,222 shares of the business services provider's stock valued at $623,000 after purchasing an additional 400 shares during the last quarter. 94.12% of the stock is owned by institutional investors and hedge funds.
ICF International Stock Up 0.3 %
Shares of ICFI traded up $0.23 during trading hours on Wednesday, hitting $84.34. The stock had a trading volume of 183,182 shares, compared to its average volume of 163,207. ICF International, Inc. has a 1-year low of $75.91 and a 1-year high of $179.67. The firm has a market capitalization of $1.55 billion, a P/E ratio of 14.82 and a beta of 0.56. The firm has a 50 day simple moving average of $104.38 and a 200-day simple moving average of $133.13. 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 Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Shareholders 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 0.66%. ICF International's dividend payout ratio (DPR) is presently 9.61%.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on ICFI shares. D. Boral Capital reissued an "outperform" rating and set a $174.00 target price on shares of ICF International in a research note on Monday, December 16th. StockNews.com downgraded ICF International from a "buy" rating to a "hold" rating in a report on Monday, March 3rd. Barrington Research dropped their price objective on ICF International from $174.00 to $102.00 and set an "outperform" rating on the stock in a research note on Monday, March 3rd. Finally, 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. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $140.20.
Read Our Latest Analysis on ICFI
About ICF International
(
Free Report)
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.
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