Neumeier Poma Investment Counsel LLC Sells 11,474 Shares of ICF International, Inc. (NASDAQ:ICFI)

Neumeier Poma Investment Counsel LLC reduced its holdings in shares of ICF International, Inc. (NASDAQ:ICFI - Free Report) by 5.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 199,506 shares of the business services provider's stock after selling 11,474 shares during the quarter. ICF International makes up about 2.3% of Neumeier Poma Investment Counsel LLC's portfolio, making the stock its 19th biggest holding. Neumeier Poma Investment Counsel LLC owned 1.06% of ICF International worth $23,783,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in ICFI. SG Americas Securities LLC raised its stake in ICF International by 44.4% in the 4th 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. Cibc World Markets Corp acquired a new position in shares of ICF International during the fourth quarter worth $208,000. Millstone Evans Group LLC bought a new position in ICF International in the fourth quarter valued at about $447,000. Martingale Asset Management L P grew its holdings 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 last quarter. Finally, Captrust Financial Advisors raised 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 purchasing an additional 967 shares during the last quarter. Institutional investors own 94.12% of the company's stock.

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ICF International Price Performance

ICF International stock opened at $84.97 on Tuesday. The business has a 50-day simple moving average of $100.86 and a 200 day simple moving average of $130.94. ICF International, Inc. has a 52 week low of $75.91 and a 52 week high of $179.67. The stock has a market cap of $1.57 billion, a price-to-earnings ratio of 14.93 and a beta of 0.56. 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 Dividend Announcement

The company 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. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.56 dividend on an annualized basis and a yield of 0.66%. ICF International's payout ratio is 9.61%.

Wall Street Analyst Weigh In

ICFI has been the topic of a number of recent analyst reports. Barrington Research dropped their price target on shares of ICF International from $174.00 to $102.00 and set an "outperform" rating on the stock in a research report on Monday, March 3rd. Canaccord Genuity Group reissued a "hold" rating and issued a $100.00 price objective (down from $200.00) on shares of ICF International in a research report on Friday, February 28th. D. Boral Capital reiterated an "outperform" rating and issued a $174.00 target price on shares of ICF International in a report on Monday, December 16th. Finally, StockNews.com upgraded ICF International from a "hold" rating to a "buy" rating in a report on Saturday. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, ICF International currently 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.