Campbell & CO Investment Adviser LLC acquired a new stake in ICF International, Inc. (NASDAQ:ICFI) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 6,936 shares of the business services provider’s stock, valued at approximately $427,000.
A number of other large investors have also recently modified their holdings of ICFI. Emerald Mutual Fund Advisers Trust acquired a new stake in ICF International in the second quarter valued at approximately $28,000. Wedge Capital Management L L P NC grew its position in shares of ICF International by 18.0% during the second quarter. Wedge Capital Management L L P NC now owns 4,742 shares of the business services provider’s stock worth $307,000 after buying an additional 722 shares in the last quarter. Handelsbanken Fonder AB acquired a new stake in shares of ICF International during the second quarter worth approximately $308,000. Dupont Capital Management Corp acquired a new stake in shares of ICF International during the second quarter worth approximately $315,000. Finally, BNP Paribas Arbitrage SA grew its position in shares of ICF International by 48.3% during the first quarter. BNP Paribas Arbitrage SA now owns 5,631 shares of the business services provider’s stock worth $387,000 after buying an additional 1,835 shares in the last quarter.
Shares of ICFI opened at $68.05 on Friday. The business’s fifty day moving average price is $65.91 and its 200 day moving average price is $65.99. ICF International, Inc. has a 12-month low of $47.75 and a 12-month high of $95.24. The stock has a market capitalization of $1.28 billion, a PE ratio of 20.62, a price-to-earnings-growth ratio of 1.88 and a beta of 0.53. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.56 and a quick ratio of 1.56.
The business also recently announced a quarterly dividend, which was paid on Tuesday, October 13th. Shareholders of record on Friday, September 11th were paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date was Thursday, September 10th. ICF International’s payout ratio is 13.49%.
A number of analysts have recently weighed in on ICFI shares. BidaskClub raised shares of ICF International from a “sell” rating to a “hold” rating in a research report on Friday, October 9th. Sidoti raised their price target on shares of ICF International from $92.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. TheStreet raised shares of ICF International from a “c+” rating to a “b” rating in a research report on Friday, August 14th. Finally, Berenberg Bank raised shares of ICF International from a “hold” rating to a “buy” rating and set a $75.00 price target for the company in a research report on Wednesday, July 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $87.83.
In related news, Director Handel Michael J. Van bought 4,000 shares of the business’s stock in a transaction on Monday, August 10th. The shares were bought at an average cost of $72.49 per share, for a total transaction of $289,960.00. Company insiders own 4.25% of the company’s stock.
ICF International Company Profile
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, 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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