Rhumbline Advisers raised its holdings in ICF International, Inc. (NASDAQ:ICFI - Free Report) by 17.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,630 shares of the business services provider's stock after buying an additional 4,457 shares during the quarter. Rhumbline Advisers owned approximately 0.16% of ICF International worth $3,651,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of ICFI. Tributary Capital Management LLC grew its holdings in ICF International by 10.9% in the fourth 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. SG Americas Securities LLC boosted its holdings in shares of ICF International by 44.4% in the 4th quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider's stock valued at $131,000 after purchasing an additional 339 shares during the last quarter. Argent Capital Management LLC grew its stake in shares of ICF International by 15.7% during the 4th quarter. Argent Capital Management LLC now owns 33,425 shares of the business services provider's stock valued at $3,985,000 after buying an additional 4,545 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of ICF International during the 3rd quarter worth $734,000. Finally, Geode Capital Management LLC raised its position in shares of ICF International by 4.3% in 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 during the period. Institutional investors and hedge funds own 94.12% of the company's stock.
ICF International Stock Up 2.3 %
ICFI stock traded up $1.75 during trading on Tuesday, reaching $79.43. The stock had a trading volume of 184,146 shares, compared to its average volume of 307,009. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.43. The firm has a fifty day moving average price of $115.20 and a 200 day moving average price of $141.76. The company has a market capitalization of $1.49 billion, a P/E ratio of 14.01 and a beta of 0.56. ICF International, Inc. has a 1-year low of $75.91 and a 1-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. Stockholders of record on Friday, March 28th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.56 annualized dividend and a dividend yield of 0.71%. ICF International's payout ratio is 9.61%.
Wall Street Analysts Forecast Growth
ICFI has been the subject of a number of research reports. Barrington Research lowered their price target on ICF International from $174.00 to $102.00 and set an "outperform" rating for the company in a research report on Monday. D. Boral Capital restated an "outperform" rating and issued a $174.00 price target on shares of ICF International in a report on Monday, December 16th. Canaccord Genuity Group reiterated a "hold" rating and set a $100.00 price objective (down from $200.00) on shares of ICF International in a research note on Friday. Truist Financial cut their target price on shares of ICF International from $180.00 to $140.00 and set a "hold" rating on the stock in a research note on Friday, November 22nd. Finally, Sidoti raised shares of ICF International from a "neutral" rating to a "buy" rating and set a $185.00 price target for the company in a research report on Tuesday, November 19th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $140.20.
Check Out Our Latest Stock Report on ICF International
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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