Neumeier Poma Investment Counsel LLC Has $30.46 Million Holdings in ICF International, Inc. $ICFI

Neumeier Poma Investment Counsel LLC raised its position in ICF International, Inc. (NASDAQ:ICFI) by 92.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 328,181 shares of the business services provider’s stock after purchasing an additional 157,295 shares during the period. ICF International accounts for approximately 2.5% of Neumeier Poma Investment Counsel LLC’s portfolio, making the stock its 20th largest position. Neumeier Poma Investment Counsel LLC owned 1.78% of ICF International worth $30,455,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of ICFI. EverSource Wealth Advisors LLC lifted its holdings in ICF International by 2,121.1% in the second quarter. EverSource Wealth Advisors LLC now owns 422 shares of the business services provider’s stock valued at $36,000 after buying an additional 403 shares during the period. Captrust Financial Advisors acquired a new position in shares of ICF International in the 2nd quarter valued at about $246,000. Anchor Investment Management LLC bought a new stake in shares of ICF International during the 2nd quarter valued at about $249,000. Cornerstone Investment Partners LLC acquired a new stake in ICF International during the second quarter worth approximately $270,000. Finally, Police & Firemen s Retirement System of New Jersey increased its holdings in ICF International by 7.7% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 4,278 shares of the business services provider’s stock worth $362,000 after purchasing an additional 307 shares in the last quarter. Institutional investors own 94.12% of the company’s stock.

ICF International Price Performance

ICFI stock opened at $75.16 on Thursday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.41 and a current ratio of 1.41. The business has a 50-day simple moving average of $87.46 and a two-hundred day simple moving average of $88.80. The company has a market capitalization of $1.39 billion, a P/E ratio of 14.18 and a beta of 0.43. ICF International, Inc. has a 52-week low of $72.03 and a 52-week high of $105.00.

Analyst Upgrades and Downgrades

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

ICF International Company Profile

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.