ICF International (NASDAQ:ICFI) Upgraded at StockNews.com

StockNews.com upgraded shares of ICF International (NASDAQ:ICFI) from a hold rating to a buy rating in a report published on Saturday.

Other analysts also recently issued research reports about the stock. D. Boral Capital reissued an “outperform” rating and issued a $174.00 price objective on shares of ICF International in a research note on Monday, December 16th. Barrington Research dropped their price objective on ICF International from $174.00 to $102.00 and set an “outperform” rating for the company in a report on Monday, March 3rd. Finally, Canaccord Genuity Group reiterated a “hold” rating and issued a $100.00 target price (down previously from $200.00) on shares of ICF International in a research note on Friday, February 28th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, ICF International currently has an average rating of “Moderate Buy” and a consensus price target of $140.20.

ICF International Trading Down 1.4 %

Shares of ICFI opened at $84.97 on Friday. The company’s fifty day simple moving average is $100.86 and its 200-day simple moving average is $130.94. The company has a market cap of $1.57 billion, a P/E ratio of 14.93 and a beta of 0.56. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.43. ICF International has a twelve month low of $75.91 and a twelve month high of $179.67.

ICF International Announces Dividend

The company 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. 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 0.66%. ICF International’s dividend payout ratio is currently 9.61%.

Institutional Trading of ICF International

Several institutional investors and hedge funds have recently bought and sold shares of ICFI. SG Americas Securities LLC increased 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 worth $131,000 after acquiring an additional 339 shares during the period. BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of ICF International during the 4th quarter valued at about $149,000. Cibc World Markets Corp acquired a new position in shares of ICF International in the 4th quarter valued at about $208,000. Ethic Inc. purchased a new stake in shares of ICF International in the fourth quarter worth about $292,000. Finally, Martingale Asset Management L P grew its holdings 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. 94.12% of the stock is currently owned by institutional investors and hedge funds.

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.