ICF International, Inc. (NASDAQ:ICFI) Short Interest Update

ICF International, Inc. (NASDAQ:ICFI) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 674,200 shares, a drop of 35.2% from the February 28th total of 1,040,000 shares. Based on an average trading volume of 304,300 shares, the days-to-cover ratio is presently 2.2 days. Currently, 3.7% of the company’s shares are sold short.

ICF International Trading Up 0.2 %

Shares of ICFI stock traded up $0.18 on Friday, hitting $86.17. The stock had a trading volume of 175,698 shares, compared to its average volume of 170,186. The company’s 50 day moving average price is $101.75 and its 200-day moving average price is $131.94. ICF International has a 1 year low of $75.91 and a 1 year high of $179.67. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 1.21. The firm has a market capitalization of $1.59 billion, a P/E ratio of 15.14 and a beta of 0.56.

ICF International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Friday, March 28th will be paid a dividend of $0.14 per share. 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 0.65%. ICF International’s dividend payout ratio (DPR) is presently 9.61%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on ICFI shares. Canaccord Genuity Group reaffirmed a “hold” rating and issued a $100.00 price target (down previously from $200.00) on shares of ICF International in a research note on Friday, February 28th. D. Boral Capital restated an “outperform” rating and issued a $174.00 price objective on shares of ICF International in a report on Monday, December 16th. Barrington Research lowered their target price 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, March 3rd. Finally, StockNews.com upgraded shares of ICF International from a “hold” rating to a “buy” rating in a research report on Saturday. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, ICF International has an average rating of “Moderate Buy” and an average target price of $140.20.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ICFI. Torray Investment Partners LLC increased its stake in ICF International by 1.2% during the 4th quarter. Torray Investment Partners LLC now owns 13,100 shares of the business services provider’s stock worth $1,562,000 after buying an additional 152 shares during the period. Russell Investments Group Ltd. raised its stake in shares of ICF International by 1.0% in the fourth quarter. Russell Investments Group Ltd. now owns 21,065 shares of the business services provider’s stock valued at $2,511,000 after acquiring an additional 218 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of ICF International by 44.4% in the fourth quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider’s stock valued at $131,000 after acquiring an additional 339 shares in the last quarter. Handelsbanken Fonder AB boosted its holdings in ICF International by 8.3% in the fourth 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 period. Finally, MetLife Investment Management LLC grew its stake in ICF International by 5.8% during the 4th quarter. MetLife Investment Management LLC now owns 11,395 shares of the business services provider’s stock worth $1,358,000 after purchasing an additional 626 shares in the last quarter. Hedge funds and other institutional investors own 94.12% of the company’s stock.

About ICF International

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.