California Public Employees Retirement System boosted its position in shares of ICF International, Inc. (NASDAQ:ICFI) by 28.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,200 shares of the business services provider’s stock after purchasing an additional 6,000 shares during the quarter. California Public Employees Retirement System owned 0.15% of ICF International worth $1,281,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ICFI. Ameriprise Financial Inc. grew its holdings in ICF International by 163.3% during the second quarter. Ameriprise Financial Inc. now owns 72,959 shares of the business services provider’s stock valued at $3,436,000 after purchasing an additional 45,251 shares during the period. Thrivent Financial For Lutherans grew its holdings in ICF International by 19.5% during the second quarter. Thrivent Financial For Lutherans now owns 256,453 shares of the business services provider’s stock valued at $12,079,000 after purchasing an additional 41,843 shares during the period. State Street Corp grew its holdings in ICF International by 5.9% during the first quarter. State Street Corp now owns 341,004 shares of the business services provider’s stock valued at $14,083,000 after purchasing an additional 19,110 shares during the period. Geode Capital Management LLC grew its holdings in ICF International by 10.4% during the first quarter. Geode Capital Management LLC now owns 187,182 shares of the business services provider’s stock valued at $7,730,000 after purchasing an additional 17,586 shares during the period. Finally, Martingale Asset Management L P grew its holdings in ICF International by 27.1% during the second quarter. Martingale Asset Management L P now owns 80,726 shares of the business services provider’s stock valued at $3,803,000 after purchasing an additional 17,205 shares during the period. Hedge funds and other institutional investors own 90.60% of the company’s stock.

A number of brokerages recently issued reports on ICFI. Zacks Investment Research cut shares of ICF International from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. BidaskClub cut shares of ICF International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $56.00 price target on shares of ICF International in a report on Tuesday, August 29th. ValuEngine cut shares of ICF International from a “buy” rating to a “hold” rating in a report on Saturday, November 4th. Finally, Noble Financial reiterated a “hold” rating on shares of ICF International in a report on Tuesday. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. ICF International currently has a consensus rating of “Hold” and an average price target of $60.40.

ICF International, Inc. (NASDAQ:ICFI) opened at $52.60 on Thursday. The firm has a market cap of $980.59, a P/E ratio of 17.48, a PEG ratio of 1.75 and a beta of 0.83. ICF International, Inc. has a 1-year low of $40.20 and a 1-year high of $59.55. The company has a quick ratio of 1.83, a current ratio of 1.57 and a debt-to-equity ratio of 0.39.

ICF International (NASDAQ:ICFI) last released its quarterly earnings results on Thursday, November 2nd. The business services provider reported $0.83 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.03. The company had revenue of $305.30 million during the quarter, compared to analysts’ expectations of $311.49 million. ICF International had a net margin of 4.05% and a return on equity of 10.14%. The business’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.81 earnings per share. sell-side analysts expect that ICF International, Inc. will post 3 EPS for the current fiscal year.

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In related news, insider Ellen Glover sold 5,631 shares of the stock in a transaction on Friday, September 1st. The shares were sold at an average price of $50.00, for a total transaction of $281,550.00. Following the completion of the transaction, the insider now owns 33,354 shares in the company, valued at $1,667,700. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider James C. M. Morgan sold 4,696 shares of the stock in a transaction on Thursday, September 28th. The stock was sold at an average price of $55.00, for a total transaction of $258,280.00. Following the transaction, the insider now owns 22,479 shares of the company’s stock, valued at approximately $1,236,345. The disclosure for this sale can be found here. Insiders sold 52,029 shares of company stock valued at $2,683,653 in the last quarter. Corporate insiders own 5.48% of the company’s stock.

ICF International Company Profile

ICF International, Inc provides professional services and technology-based solutions to government and commercial clients, including management, technology, and policy consulting and implementation services. The Company’s services address four markets: energy, environment and infrastructure; health, education and social programs; safety and security, and consumer and financial.

Institutional Ownership by Quarter for ICF International (NASDAQ:ICFI)

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