ICF International (NASDAQ:ICFI) Receives Hold Rating from Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their hold rating on shares of ICF International (NASDAQ:ICFI) in a research report sent to investors on Friday morning, Marketbeat reports. The brokerage currently has a $100.00 price objective on the business services provider’s stock, down from their prior price objective of $200.00.

ICFI has been the topic of several other reports. Sidoti raised shares of ICF International from a “neutral” rating to a “buy” rating and set a $185.00 target price on the stock in a research note on Tuesday, November 19th. D. Boral Capital reissued an “outperform” rating and set a $174.00 target price on shares of ICF International in a research note on Monday, December 16th. StockNews.com downgraded shares of ICF International from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 27th. Finally, Truist Financial reduced their price target on shares of ICF International from $180.00 to $140.00 and set a “hold” rating for the company in a research report on Friday, November 22nd. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $154.60.

ICF International Trading Down 20.7 %

ICFI stock opened at $79.26 on Friday. The company’s 50-day simple moving average is $116.03 and its 200-day simple moving average is $142.55. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.43. ICF International has a 52-week low of $77.02 and a 52-week high of $179.67. The firm has a market cap of $1.49 billion, a P/E ratio of 13.93 and a beta of 0.56.

ICF International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Friday, March 28th will be issued a $0.14 dividend. The ex-dividend date is Friday, March 28th. This represents a $0.56 dividend on an annualized basis and a yield of 0.71%. ICF International’s payout ratio is 9.84%.

Institutional Trading of ICF International

Hedge funds have recently bought and sold shares of the business. Farther Finance Advisors LLC raised its holdings in ICF International by 13.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 502 shares of the business services provider’s stock valued at $84,000 after acquiring an additional 58 shares during the last quarter. SG Americas Securities LLC raised its holdings in 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 acquiring an additional 339 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in ICF International in the 4th quarter valued at about $149,000. Cibc World Markets Corp acquired a new stake in ICF International in the 4th quarter valued at about $208,000. Finally, Ethic Inc. acquired a new stake in ICF International in the 4th quarter valued at about $292,000. Institutional investors and hedge funds 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.