Brokerages Set ICF International, Inc. (NASDAQ:ICFI) Target Price at $129.20

Shares of ICF International, Inc. (NASDAQ:ICFI - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the six analysts that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $129.20.

Several analysts have issued reports on the stock. StockNews.com raised shares of ICF International from a "hold" rating to a "buy" rating in a research note on Saturday, March 29th. Barrington Research dropped their price target 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. Truist Financial decreased their price objective on ICF International from $97.00 to $85.00 and set a "hold" rating for the company in a research report on Monday, April 14th. 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 report on Friday, February 28th.

ICF International Price Performance

Shares of NASDAQ:ICFI traded up $0.41 during trading hours on Friday, hitting $84.96. 21,508 shares of the company's stock traded hands, compared to its average volume of 182,412. The company's fifty day simple moving average is $87.20 and its two-hundred day simple moving average is $120.70. The company has a market cap of $1.57 billion, a price-to-earnings ratio of 14.91 and a beta of 0.49. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.21 and a current ratio of 1.21. ICF International has a 52 week low of $75.91 and a 52 week high of $179.67.

ICF International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Friday, March 28th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.66%. The ex-dividend date of this dividend was Friday, March 28th. ICF International's payout ratio is presently 9.61%.

Institutional Investors Weigh In On ICF International

Hedge funds and other institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC raised its position in shares of ICF International by 1,156.9% during the 1st quarter. SG Americas Securities LLC now owns 13,864 shares of the business services provider's stock valued at $1,178,000 after acquiring an additional 12,761 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of ICF International by 23,974.1% during the first quarter. GAMMA Investing LLC now owns 13,000 shares of the business services provider's stock worth $11,050,000 after purchasing an additional 12,946 shares in the last quarter. Ethic Inc. acquired a new position in shares of ICF International in the 4th quarter valued at $292,000. BNP Paribas Financial Markets increased its position in shares of ICF International by 411.7% in the 4th quarter. BNP Paribas Financial Markets now owns 90,226 shares of the business services provider's stock valued at $10,756,000 after buying an additional 72,595 shares in the last quarter. Finally, Tudor Investment Corp ET AL raised its stake in ICF International by 5,171.3% during the 4th quarter. Tudor Investment Corp ET AL now owns 73,904 shares of the business services provider's stock worth $8,810,000 after buying an additional 72,502 shares during the period. 94.12% of the stock is 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.