New York State Common Retirement Fund Lowers Stock Holdings in ICF International, Inc. (NASDAQ:ICFI)

New York State Common Retirement Fund lessened its holdings in ICF International, Inc. (NASDAQ:ICFI - Free Report) by 46.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,858 shares of the business services provider's stock after selling 4,991 shares during the quarter. New York State Common Retirement Fund's holdings in ICF International were worth $698,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Pier Capital LLC bought a new stake in shares of ICF International during the 3rd quarter valued at about $6,579,000. Tributary Capital Management LLC boosted its holdings in shares of 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 worth $25,256,000 after buying an additional 20,861 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of ICF International by 4.3% during the 3rd quarter. Geode Capital Management LLC now owns 440,985 shares of the business services provider's stock worth $73,566,000 after buying an additional 18,109 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of ICF International by 94.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 17,631 shares of the business services provider's stock worth $2,941,000 after buying an additional 8,548 shares during the period. Finally, Quantbot Technologies LP bought a new stake in shares of ICF International in the 3rd quarter valued at $852,000. 94.12% of the stock is currently owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

Several research firms have recently commented on ICFI. Canaccord Genuity Group restated a "hold" rating and set a $100.00 price objective (down previously from $200.00) on shares of ICF International in a report on Friday, February 28th. Barrington Research decreased their price target on shares of ICF International from $174.00 to $102.00 and set an "outperform" rating for the company in a research note on Monday. Sidoti upgraded shares of ICF International from a "neutral" rating to a "buy" rating and set a $185.00 price objective on the stock in a report on Tuesday, November 19th. D. Boral Capital reiterated an "outperform" rating and set a $174.00 price objective on shares of ICF International in a report on Monday, December 16th. Finally, StockNews.com lowered shares of ICF International from a "buy" rating to a "hold" rating in a report on Monday. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $140.20.

ICF International Trading Up 5.6 %

NASDAQ:ICFI traded up $4.56 during trading hours on Friday, reaching $85.71. The company's stock had a trading volume of 102,590 shares, compared to its average volume of 311,469. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.21 and a current ratio of 1.21. The firm has a market capitalization of $1.58 billion, a price-to-earnings ratio of 15.05 and a beta of 0.56. The firm has a 50-day simple moving average of $113.76 and a 200-day simple moving average of $140.80. ICF International, Inc. has a 1 year low of $75.91 and a 1 year high of $179.67.

ICF International Dividend Announcement

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

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.