Oak Associates Ltd. OH Acquires 2,000 Shares of ICF International, Inc. (NASDAQ:ICFI)

Oak Associates Ltd. OH boosted its stake in ICF International, Inc. (NASDAQ:ICFI) by 30.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 8,672 shares of the business services provider’s stock after buying an additional 2,000 shares during the period. Oak Associates Ltd. OH’s holdings in ICF International were worth $1,034,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Captrust Financial Advisors increased its holdings in shares of ICF International by 36.5% during the third quarter. Captrust Financial Advisors now owns 3,617 shares of the business services provider’s stock worth $603,000 after buying an additional 967 shares in the last quarter. Geode Capital Management LLC grew its position in ICF International by 4.3% during the 3rd quarter. Geode Capital Management LLC now owns 440,985 shares of the business services provider’s stock worth $73,566,000 after acquiring an additional 18,109 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in ICF International during the 3rd quarter valued at $734,000. Argent Capital Management LLC raised its position in 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 purchasing an additional 4,545 shares during the last quarter. Finally, SG Americas Securities LLC boosted its stake in ICF International by 44.4% in the fourth quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider’s stock worth $131,000 after purchasing an additional 339 shares in the last quarter. 94.12% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Canaccord Genuity Group reaffirmed a “hold” rating and issued a $100.00 price target (down from $200.00) on shares of ICF International in a report on Friday, February 28th. D. Boral Capital reiterated an “outperform” rating and set a $174.00 target price on shares of ICF International in a research report on Monday, December 16th. StockNews.com raised shares of ICF International from a “hold” rating to a “buy” rating in a research note on Saturday, March 29th. Finally, Barrington Research lowered their price objective on ICF International from $174.00 to $102.00 and set an “outperform” rating for the company in a research report on Monday, March 3rd. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, ICF International currently has a consensus rating of “Moderate Buy” and an average price target of $140.20.

ICF International Price Performance

Shares of ICFI opened at $82.04 on Friday. 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, Inc. has a twelve month low of $75.91 and a twelve month high of $179.67. The stock has a market capitalization of $1.51 billion, a P/E ratio of 14.42 and a beta of 0.49. The company has a 50 day moving average of $92.68 and a 200-day moving average of $125.55.

ICF International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Friday, March 28th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend is Friday, March 28th. ICF International’s dividend payout ratio is currently 9.61%.

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.