Neumeier Poma Investment Counsel LLC Purchases 157,295 Shares of ICF International, Inc. $ICFI

Neumeier Poma Investment Counsel LLC increased its position in shares of ICF International, Inc. (NASDAQ:ICFI) by 92.0% during the 3rd quarter, Holdings Channel reports. The firm owned 328,181 shares of the business services provider’s stock after purchasing an additional 157,295 shares during the quarter. ICF International makes up approximately 2.5% of Neumeier Poma Investment Counsel LLC’s holdings, making the stock its 20th largest holding. Neumeier Poma Investment Counsel LLC’s holdings in ICF International were worth $30,455,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in ICFI. Tributary Capital Management LLC boosted its stake in shares of ICF International by 126.6% in the 3rd quarter. Tributary Capital Management LLC now owns 464,584 shares of the business services provider’s stock worth $43,113,000 after buying an additional 259,581 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in ICF International by 4.8% during the second quarter. Bank of New York Mellon Corp now owns 85,896 shares of the business services provider’s stock worth $7,276,000 after acquiring an additional 3,906 shares during the period. Rhumbline Advisers boosted its position in ICF International by 13.1% in the second quarter. Rhumbline Advisers now owns 31,877 shares of the business services provider’s stock worth $2,700,000 after purchasing an additional 3,697 shares during the last quarter. Cornerstone Investment Partners LLC bought a new position in ICF International in the 2nd quarter valued at $270,000. Finally, Anchor Investment Management LLC bought a new position in ICF International in the 2nd quarter valued at $249,000. 94.12% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on ICFI. Barrington Research lowered their target price on ICF International from $107.00 to $102.00 and set an “outperform” rating on the stock in a research note on Thursday, November 20th. Canaccord Genuity Group began coverage on shares of ICF International in a report on Tuesday, December 2nd. They set a “buy” rating and a $115.00 price objective for the company. Truist Financial lifted their price objective on shares of ICF International from $82.00 to $90.00 and gave the stock a “hold” rating in a research report on Wednesday, January 14th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of ICF International in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, ICF International currently has a consensus rating of “Moderate Buy” and a consensus target price of $102.33.

ICF International Trading Up 0.0%

Shares of ICFI stock opened at $75.16 on Thursday. ICF International, Inc. has a 1 year low of $72.03 and a 1 year high of $105.00. The company’s fifty day simple moving average is $87.46 and its two-hundred day simple moving average is $88.80. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.41 and a quick ratio of 1.41. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of 14.18 and a beta of 0.43.

About ICF International

ICF International (NASDAQ: ICFI), commonly known as ICF, is a global consulting and digital services provider specializing in the intersection of strategy, technology, and policy. The firm delivers integrated services and solutions to government and commercial clients in areas such as energy and environment, health and social programs, transportation, infrastructure, technology, and marketing and communications. ICF’s offerings span strategic planning, data analytics, program evaluation, digital transformation, and implementation support.

Founded in 1969 and headquartered in Reston, Virginia, ICF has grown through both organic expansion and targeted acquisitions to broaden its capabilities and geographic reach.