Kennedy Capital Management LLC raised its position in shares of ICF International, Inc. (NASDAQ:ICFI – Free Report) by 80.7% in the fourth quarter, Holdings Channel reports. The firm owned 162,690 shares of the business services provider’s stock after acquiring an additional 72,664 shares during the quarter. Kennedy Capital Management LLC’s holdings in ICF International were worth $13,877,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. Neumeier Poma Investment Counsel LLC increased its stake in ICF International by 46.6% during the 4th quarter. Neumeier Poma Investment Counsel LLC now owns 481,086 shares of the business services provider’s stock valued at $41,037,000 after purchasing an additional 152,905 shares in the last quarter. Geode Capital Management LLC increased its stake in ICF International by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 458,175 shares of the business services provider’s stock valued at $39,089,000 after purchasing an additional 2,535 shares in the last quarter. Third Avenue Management LLC increased its stake in ICF International by 12.4% during the 4th quarter. Third Avenue Management LLC now owns 52,864 shares of the business services provider’s stock valued at $4,509,000 after purchasing an additional 5,840 shares in the last quarter. Seizert Capital Partners LLC increased its stake in ICF International by 3.4% during the 4th quarter. Seizert Capital Partners LLC now owns 41,136 shares of the business services provider’s stock valued at $3,509,000 after purchasing an additional 1,352 shares in the last quarter. Finally, SG Americas Securities LLC increased its stake in ICF International by 214.7% during the 4th quarter. SG Americas Securities LLC now owns 34,847 shares of the business services provider’s stock valued at $2,972,000 after purchasing an additional 23,773 shares in the last quarter. 94.12% of the stock is currently owned by institutional investors.
ICF International Stock Performance
Shares of NASDAQ ICFI opened at $72.76 on Monday. The firm’s 50-day moving average price is $68.76 and its 200-day moving average price is $77.45. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.43. The company has a market cap of $1.32 billion, a PE ratio of 15.75 and a beta of 0.54. ICF International, Inc. has a 52-week low of $58.83 and a 52-week high of $101.71.
ICF International Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Friday, June 5th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, June 5th. ICF International’s dividend payout ratio (DPR) is presently 12.12%.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on the stock. Weiss Ratings lowered shares of ICF International from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, April 29th. Barrington Research restated an “outperform” rating and set a $102.00 price objective on shares of ICF International in a research note on Wednesday, March 4th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $102.33.
Read Our Latest Stock Report on ICFI
Insider Activity
In related news, Director Handel Michael J. Van purchased 8,000 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were purchased at an average price of $61.39 per share, with a total value of $491,120.00. Following the acquisition, the director directly owned 24,254 shares in the company, valued at $1,488,953.06. The trade was a 49.22% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.39% of the stock is currently owned by insiders.
ICF International Company Profile
ICF International (NASDAQ: ICFI), commonly known as ICF, is a global consulting and digital services provider specializing in the intersection of strategy, technology, and policy. The firm delivers integrated services and solutions to government and commercial clients in areas such as energy and environment, health and social programs, transportation, infrastructure, technology, and marketing and communications. ICF’s offerings span strategic planning, data analytics, program evaluation, digital transformation, and implementation support.
Founded in 1969 and headquartered in Reston, Virginia, ICF has grown through both organic expansion and targeted acquisitions to broaden its capabilities and geographic reach.
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