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

Torray Investment Partners LLC grew its holdings in shares of ICF International, Inc. (NASDAQ:ICFI) by 1.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 13,100 shares of the business services provider’s stock after purchasing an additional 152 shares during the quarter. Torray Investment Partners LLC’s holdings in ICF International were worth $1,562,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC lifted its holdings in shares of ICF International by 13.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 502 shares of the business services provider’s stock valued at $84,000 after purchasing an additional 58 shares during the last quarter. SG Americas Securities LLC lifted its position in ICF International by 44.4% during the 4th quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider’s stock worth $131,000 after acquiring an additional 339 shares during the period. Martingale Asset Management L P lifted its position in ICF International by 25.5% during the 3rd quarter. Martingale Asset Management L P now owns 3,399 shares of the business services provider’s stock worth $567,000 after acquiring an additional 690 shares during the period. Captrust Financial Advisors lifted its position in ICF International by 36.5% during the 3rd quarter. Captrust Financial Advisors now owns 3,617 shares of the business services provider’s stock worth $603,000 after acquiring an additional 967 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new stake in ICF International during the 3rd quarter worth about $734,000. Hedge funds and other institutional investors own 94.12% of the company’s stock.

ICF International Price Performance

NASDAQ:ICFI opened at $77.68 on Tuesday. ICF International, Inc. has a 12 month low of $75.91 and a 12 month high of $179.67. The stock has a 50 day moving average of $115.20 and a two-hundred day moving average of $141.76. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.43. The firm has a market cap of $1.46 billion, a P/E ratio of 13.65 and a beta of 0.56.

ICF International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Friday, March 28th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend 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%.

Analysts Set New Price Targets

A number of analysts have commented on ICFI shares. Truist Financial lowered their price target on ICF International from $180.00 to $140.00 and set a “hold” rating for the company in a research report on Friday, November 22nd. Sidoti raised ICF International from a “neutral” rating to a “buy” rating and set a $185.00 price objective for the company in a report on Tuesday, November 19th. D. Boral Capital reissued an “outperform” rating and issued a $174.00 price objective on shares of ICF International in a report on Monday, December 16th. StockNews.com cut ICF International from a “buy” rating to a “hold” rating in a report on Monday. Finally, Canaccord Genuity Group restated a “hold” rating and issued a $100.00 price target (down previously from $200.00) on shares of ICF International in a research note on Friday. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target 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.