Zions Bancorporation N.A. Grows Position in ICF International, Inc. (NASDAQ:ICFI)

Zions Bancorporation N.A. increased its position in ICF International, Inc. (NASDAQ:ICFI) by 18.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,896 shares of the business services provider’s stock after purchasing an additional 2,902 shares during the period. Zions Bancorporation N.A. owned 0.10% of ICF International worth $2,253,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Geode Capital Management LLC boosted its holdings in shares of 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 valued at $73,566,000 after buying an additional 18,109 shares in the last quarter. Systematic Financial Management LP boosted its stake in ICF International by 0.9% during the third quarter. Systematic Financial Management LP now owns 279,048 shares of the business services provider’s stock worth $46,542,000 after acquiring an additional 2,484 shares in the last quarter. Tributary Capital Management LLC grew its holdings in ICF International by 10.9% in the fourth quarter. Tributary Capital Management LLC now owns 211,863 shares of the business services provider’s stock worth $25,256,000 after purchasing an additional 20,861 shares during the period. Pier Capital LLC bought a new position in shares of ICF International during the third quarter valued at approximately $6,579,000. Finally, Argent Capital Management LLC lifted its holdings in shares of ICF International by 15.7% during the fourth 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. Institutional investors own 94.12% of the company’s stock.

ICF International Trading Down 0.9 %

ICF International stock opened at $84.11 on Wednesday. ICF International, Inc. has a one year low of $75.91 and a one year high of $179.67. The business’s fifty day moving average is $104.38 and its 200 day moving average is $133.13. The stock has a market capitalization of $1.55 billion, a PE ratio of 14.78 and a beta of 0.56. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 1.21.

ICF International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Friday, March 28th will be issued 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 dividend yield of 0.67%. ICF International’s payout ratio is 9.61%.

Wall Street Analysts Forecast Growth

ICFI has been the topic of several recent research reports. D. Boral Capital restated an “outperform” rating and issued a $174.00 price target on shares of ICF International in a research note on Monday, December 16th. Canaccord Genuity Group reissued a “hold” rating and issued a $100.00 target price (down from $200.00) on shares of ICF International in a research note on Friday, February 28th. Barrington Research lowered their price target 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. Finally, StockNews.com cut shares of ICF International from a “buy” rating to a “hold” rating in a research note on Monday, March 3rd. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $140.20.

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.