Other analysts also recently issued research reports about the company. Loop Capital boosted their price objective on ICF International to $89.00 and gave the stock a buy rating in a research note on Friday, August 3rd. BidaskClub cut ICF International from a buy rating to a hold rating in a report on Saturday, July 21st. Finally, Barrington Research set a $86.00 target price on ICF International and gave the stock a buy rating in a report on Monday, August 13th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of $79.67.
ICFI opened at $72.63 on Monday. ICF International has a one year low of $50.10 and a one year high of $82.25. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.80 and a current ratio of 1.65. The firm has a market capitalization of $1.29 billion, a PE ratio of 20.38, a PEG ratio of 1.80 and a beta of 0.72.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 16th. Investors of record on Friday, December 7th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date is Thursday, December 6th. ICF International’s payout ratio is 18.54%.
In related news, COO John Wasson sold 2,532 shares of ICF International stock in a transaction on Tuesday, September 18th. The stock was sold at an average price of $79.58, for a total value of $201,496.56. Following the transaction, the chief operating officer now directly owns 51,113 shares in the company, valued at approximately $4,067,572.54. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 4.67% of the company’s stock.
Several hedge funds and other institutional investors have recently modified their holdings of ICFI. Copper Rock Capital Partners LLC purchased a new position in shares of ICF International during the second quarter valued at $27,825,000. Systematic Financial Management LP grew its holdings in shares of ICF International by 25.9% during the second quarter. Systematic Financial Management LP now owns 315,416 shares of the business services provider’s stock valued at $22,410,000 after buying an additional 64,943 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of ICF International by 20.2% during the second quarter. Russell Investments Group Ltd. now owns 345,100 shares of the business services provider’s stock valued at $24,519,000 after buying an additional 58,091 shares in the last quarter. EAM Investors LLC purchased a new position in shares of ICF International during the second quarter valued at $4,083,000. Finally, James Investment Research Inc. purchased a new position in shares of ICF International during the second quarter valued at $2,156,000. Institutional investors and hedge funds own 91.91% of the company’s stock.
About ICF International
ICF International Inc provides management, marketing, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, and 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, market, business, communication, and technology challenges.
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