ICF International, Inc. (NASDAQ:ICFI) Stock Position Increased by Quantbot Technologies LP

Quantbot Technologies LP boosted its position in ICF International, Inc. (NASDAQ:ICFI) by 453.9% during the 4th quarter, HoldingsChannel reports. The firm owned 28,310 shares of the business services provider’s stock after buying an additional 23,199 shares during the quarter. Quantbot Technologies LP’s holdings in ICF International were worth $3,375,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ICFI. BNP Paribas Financial Markets raised 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 in the last quarter. Martingale Asset Management L P raised its position in shares of 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 buying an additional 690 shares in the last quarter. Captrust Financial Advisors raised its position in shares of ICF International by 36.5% during the 3rd quarter. Captrust Financial Advisors now owns 3,617 shares of the business services provider’s stock worth $603,000 after buying an additional 967 shares in the last quarter. Systematic Financial Management LP raised its position in shares of 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 buying an additional 2,484 shares in the last quarter. Finally, Pier Capital LLC bought a new stake in shares of ICF International during the 3rd quarter worth about $6,579,000. 94.12% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on ICFI. Barrington Research dropped their price target on shares of ICF International from $174.00 to $102.00 and set an “outperform” rating on the stock in a research report on Monday, March 3rd. D. Boral Capital restated an “outperform” rating and set a $174.00 price target on shares of ICF International in a research report on Monday, December 16th. Canaccord Genuity Group reaffirmed a “hold” rating and issued a $100.00 price objective (down previously from $200.00) on shares of ICF International in a research note on Friday, February 28th. Finally, StockNews.com cut 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 issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $140.20.

ICF International Stock Performance

ICF International stock opened at $84.04 on Friday. The firm’s 50 day simple moving average is $106.08 and its 200-day simple moving average is $134.41. The company has a market cap of $1.55 billion, a P/E ratio of 14.77 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, Inc. has a fifty-two week low of $75.91 and a fifty-two week high of $179.67.

ICF International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Friday, March 28th will be given 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 dividend payout ratio (DPR) is currently 9.61%.

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.