ICF International, Inc. (NASDAQ:ICFI) Shares Sold by Kennedy Capital Management LLC

Kennedy Capital Management LLC lessened its stake in ICF International, Inc. (NASDAQ:ICFI - Free Report) by 42.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 30,515 shares of the business services provider's stock after selling 22,933 shares during the quarter. Kennedy Capital Management LLC owned 0.16% of ICF International worth $3,638,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. Geode Capital Management LLC increased its position in shares of ICF International by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 442,995 shares of the business services provider's stock valued at $52,822,000 after purchasing an additional 2,010 shares during the last quarter. Tributary Capital Management LLC lifted its holdings in ICF International by 10.9% during the 4th quarter. Tributary Capital Management LLC now owns 211,863 shares of the business services provider's stock worth $25,256,000 after buying an additional 20,861 shares during the last quarter. Argent Capital Management LLC increased its holdings in shares of ICF International by 15.7% in the 4th quarter. Argent Capital Management LLC now owns 33,425 shares of the business services provider's stock valued at $3,985,000 after acquiring an additional 4,545 shares during the last quarter. Hillsdale Investment Management Inc. raised its position in shares of ICF International by 76,550.0% during the 4th quarter. Hillsdale Investment Management Inc. now owns 30,660 shares of the business services provider's stock worth $3,655,000 after acquiring an additional 30,620 shares in the last quarter. Finally, Rhumbline Advisers boosted its holdings in ICF International by 17.0% in the fourth quarter. Rhumbline Advisers now owns 30,630 shares of the business services provider's stock valued at $3,651,000 after purchasing an additional 4,457 shares in the last quarter. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

ICF International Price Performance

Shares of NASDAQ ICFI traded up $0.19 during midday trading on Friday, hitting $82.98. The company had a trading volume of 231,015 shares, compared to its average volume of 180,957. ICF International, Inc. has a twelve month low of $75.91 and a twelve month high of $179.67. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of 14.58 and a beta of 0.49. The business has a 50-day simple moving average of $89.31 and a two-hundred day simple moving average of $122.95.

ICF International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 14th. Investors of record on Friday, March 28th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Friday, March 28th. This represents a $0.56 annualized dividend and a dividend yield of 0.67%. ICF International's dividend payout ratio is currently 9.61%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on ICFI shares. StockNews.com upgraded shares of ICF International from a "hold" rating to a "buy" rating in a report on Saturday, March 29th. Truist Financial dropped their price target on ICF International from $97.00 to $85.00 and set a "hold" rating on the stock in a research note on Monday. Barrington Research reduced their price objective on ICF International from $174.00 to $102.00 and set an "outperform" rating for the company in a research note on Monday, March 3rd. Finally, Canaccord Genuity Group reiterated a "hold" rating and issued a $100.00 price target (down previously from $200.00) on shares of ICF International in a research report on Friday, February 28th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $129.20.

ICF International Company 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.