Neumeier Poma Investment Counsel LLC Has $23.78 Million Holdings in ICF International, Inc. (NASDAQ:ICFI)

Neumeier Poma Investment Counsel LLC lessened its holdings in ICF International, Inc. (NASDAQ:ICFI) by 5.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 199,506 shares of the business services provider’s stock after selling 11,474 shares during the period. ICF International comprises 2.3% of Neumeier Poma Investment Counsel LLC’s holdings, making the stock its 19th biggest holding. Neumeier Poma Investment Counsel LLC’s holdings in ICF International were worth $23,783,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. SG Americas Securities LLC grew its holdings in shares of 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 valued at $131,000 after purchasing an additional 339 shares during the last quarter. Cibc World Markets Corp acquired a new stake in ICF International in the fourth quarter valued at approximately $208,000. Millstone Evans Group LLC bought a new stake in shares of ICF International during the fourth quarter worth $447,000. Martingale Asset Management L P increased its holdings in shares of ICF International by 25.5% during the third quarter. Martingale Asset Management L P now owns 3,399 shares of the business services provider’s stock worth $567,000 after buying an additional 690 shares in the last quarter. Finally, Captrust Financial Advisors lifted its stake in shares of ICF International by 36.5% in the 3rd quarter. Captrust Financial Advisors now owns 3,617 shares of the business services provider’s stock valued at $603,000 after acquiring an additional 967 shares during the last quarter. Institutional investors and hedge funds own 94.12% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. D. Boral Capital restated an “outperform” rating and set a $174.00 price objective on shares of ICF International in a research report on Monday, December 16th. StockNews.com downgraded ICF International from a “buy” rating to a “hold” rating in a research note on Monday, March 3rd. Canaccord Genuity Group reiterated a “hold” rating and issued a $100.00 price objective (down previously from $200.00) on shares of ICF International in a report on Friday, February 28th. Finally, Barrington Research reduced their target price on shares of ICF International from $174.00 to $102.00 and set an “outperform” rating on the stock in a report on Monday, March 3rd. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $140.20.

ICF International Price Performance

ICF International stock opened at $84.34 on Thursday. The stock’s 50 day moving average is $103.48 and its 200 day moving average is $132.79. ICF International, Inc. has a one year low of $75.91 and a one year high of $179.67. The firm has a market cap of $1.55 billion, a P/E ratio of 14.82 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 company also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Friday, March 28th will be paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date of this dividend is Friday, March 28th. ICF International’s dividend payout ratio is currently 9.61%.

ICF International 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.