Hillsdale Investment Management Inc. Boosts Stake in ICF International, Inc. (NASDAQ:ICFI)

Hillsdale Investment Management Inc. lifted its holdings in ICF International, Inc. (NASDAQ:ICFI) by 76,550.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,660 shares of the business services provider’s stock after purchasing an additional 30,620 shares during the period. Hillsdale Investment Management Inc. owned about 0.16% of ICF International worth $3,655,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. 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 buying an additional 339 shares in the last quarter. Cibc World Markets Corp purchased a new stake in ICF International in the 4th quarter worth $208,000. Martingale Asset Management L P raised its position in ICF International by 25.5% during the third quarter. Martingale Asset Management L P now owns 3,399 shares of the business services provider’s stock worth $567,000 after acquiring an additional 690 shares during the period. Captrust Financial Advisors lifted its holdings in ICF International by 36.5% during the third quarter. Captrust Financial Advisors now owns 3,617 shares of the business services provider’s stock valued at $603,000 after purchasing an additional 967 shares in the last quarter. Finally, Millstone Evans Group LLC acquired a new stake in shares of ICF International in the fourth quarter valued at about $447,000. Institutional investors and hedge funds own 94.12% of the company’s stock.

ICF International Trading Down 0.9 %

Shares of ICF International stock opened at $84.04 on Friday. 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 stock’s 50 day simple moving average is $106.08 and its 200-day simple moving average is $134.41. The stock has a market cap of $1.55 billion, a P/E ratio of 14.77 and a beta of 0.56. ICF International, Inc. has a 1-year low of $75.91 and a 1-year high of $179.67.

ICF International Dividend Announcement

The business also recently announced 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. This represents a $0.56 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend is Friday, March 28th. ICF International’s payout ratio is currently 9.61%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. StockNews.com downgraded shares of ICF International from a “buy” rating to a “hold” rating in a research report on Monday, March 3rd. Barrington Research decreased their target price 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. D. Boral Capital reaffirmed an “outperform” rating and issued a $174.00 price target on shares of ICF International in a research note on Monday, December 16th. Finally, Canaccord Genuity Group reissued a “hold” rating and issued a $100.00 price objective (down from $200.00) on shares of ICF International in a research note on Friday, February 28th. Three investment 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, ICF International has a consensus rating of “Moderate Buy” and a consensus price target of $140.20.

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.