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

Hillsdale Investment Management Inc. boosted its holdings in shares of ICF International, Inc. (NASDAQ:ICFI) by 76,550.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 30,660 shares of the business services provider’s stock after buying an additional 30,620 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in ICF International were worth $3,655,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. SG Americas Securities LLC increased its position in shares of ICF International by 44.4% during the 4th quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider’s stock worth $131,000 after purchasing an additional 339 shares during the last quarter. Cibc World Markets Corp acquired a new stake in shares of ICF International during the fourth quarter valued at about $208,000. Martingale Asset Management L P raised its stake in shares of ICF International by 25.5% in 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 acquiring an additional 690 shares during the period. Captrust Financial Advisors raised its stake 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 valued at $603,000 after acquiring an additional 967 shares during the period. Finally, Millstone Evans Group LLC acquired a new position in shares of ICF International in the 4th quarter worth approximately $447,000. Hedge funds and other institutional investors own 94.12% of the company’s stock.

ICF International Trading Down 0.9 %

NASDAQ:ICFI opened at $84.04 on Friday. ICF International, Inc. has a 12-month low of $75.91 and a 12-month high of $179.67. The firm has a market cap of $1.55 billion, a PE ratio of 14.77 and a beta of 0.56. 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 stock has a fifty day moving average price of $106.08 and a 200 day moving average price of $134.41.

ICF International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Friday, March 28th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Friday, March 28th. ICF International’s payout ratio is presently 9.61%.

Wall Street Analyst Weigh In

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

ICF International 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.