Torray Investment Partners LLC Acquires 152 Shares of ICF International, Inc. (NASDAQ:ICFI)

Torray Investment Partners LLC lifted its holdings in ICF International, Inc. (NASDAQ:ICFI) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,100 shares of the business services provider’s stock after acquiring an additional 152 shares during the period. Torray Investment Partners LLC owned 0.07% of ICF International worth $1,562,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Geode Capital Management LLC lifted its position in shares of ICF International by 4.3% in the third quarter. Geode Capital Management LLC now owns 440,985 shares of the business services provider’s stock worth $73,566,000 after buying an additional 18,109 shares in the last quarter. BNP Paribas Financial Markets raised its position in ICF International by 94.1% during the third quarter. BNP Paribas Financial Markets now owns 17,631 shares of the business services provider’s stock valued at $2,941,000 after purchasing an additional 8,548 shares during the period. Quantbot Technologies LP purchased a new stake in ICF International during the third quarter valued at approximately $852,000. Pier Capital LLC purchased a new stake in ICF International during the third quarter valued at approximately $6,579,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in ICF International during the third quarter valued at approximately $734,000. Institutional investors own 94.12% of the company’s stock.

ICF International Stock Down 2.0 %

Shares of NASDAQ:ICFI opened at $77.68 on Tuesday. ICF International, Inc. has a 52-week low of $75.91 and a 52-week high of $179.67. The stock has a market cap of $1.46 billion, a P/E ratio of 13.65 and a beta of 0.56. The business’s 50 day moving average is $115.20 and its 200 day moving average is $141.76. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.43.

ICF International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Friday, March 28th will be paid a $0.14 dividend. The ex-dividend date is Friday, March 28th. This represents a $0.56 annualized dividend and a yield of 0.72%. ICF International’s dividend payout ratio (DPR) is currently 9.61%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Canaccord Genuity Group reiterated a “hold” rating and issued a $100.00 price target (down from $200.00) on shares of ICF International in a report on Friday. StockNews.com downgraded ICF International from a “buy” rating to a “hold” rating in a report on Monday. Sidoti upgraded ICF International from a “neutral” rating to a “buy” rating and set a $185.00 price target on the stock in a report on Tuesday, November 19th. Truist Financial reduced their price target on ICF International from $180.00 to $140.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. Finally, Barrington Research reduced their price target on ICF International from $174.00 to $102.00 and set an “outperform” rating on the stock in a report on Monday. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $140.20.

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.