ICF International, Inc. (NASDAQ:ICFI) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of ICF International, Inc. (NASDAQ:ICFI) have been assigned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $140.20.

A number of equities research analysts recently weighed in on the stock. D. Boral Capital reaffirmed an “outperform” rating and issued a $174.00 target price on shares of ICF International in a research note on Monday, December 16th. 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 research report on Friday, February 28th. StockNews.com upgraded shares of ICF International from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Barrington Research lowered their price target on ICF International from $174.00 to $102.00 and set an “outperform” rating on the stock in a research report on Monday, March 3rd.

ICF International Price Performance

Shares of NASDAQ ICFI opened at $86.17 on Wednesday. The firm has a market capitalization of $1.59 billion, a P/E ratio of 15.14 and a beta of 0.56. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.43. The stock’s 50-day simple moving average is $101.75 and its two-hundred day simple moving average is $131.51. ICF International has a twelve month low of $75.91 and a twelve month high of $179.67.

ICF International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Friday, March 28th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date is Friday, March 28th. ICF International’s payout ratio is presently 9.61%.

Institutional Investors Weigh In On ICF International

Hedge funds and other institutional investors have recently modified their holdings of the stock. Torray Investment Partners LLC increased its stake in shares of ICF International by 1.2% in the fourth 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. grew its holdings in ICF International by 1.0% in the 4th quarter. Russell Investments Group Ltd. now owns 21,065 shares of the business services provider’s stock worth $2,511,000 after acquiring an additional 218 shares during the last quarter. SG Americas Securities LLC increased its position 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 during the period. Handelsbanken Fonder AB raised its stake in shares of ICF International by 8.3% during the fourth quarter. Handelsbanken Fonder AB now owns 5,222 shares of the business services provider’s stock valued at $623,000 after acquiring an additional 400 shares during the last quarter. Finally, MetLife Investment Management LLC boosted its holdings in shares of ICF International by 5.8% during the fourth 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 during the period. 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.