Parametric Portfolio Associates LLC decreased its stake in shares of ICF International, Inc. (NASDAQ:ICFI) by 24.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 65,135 shares of the business services provider’s stock after selling 20,707 shares during the quarter. Parametric Portfolio Associates LLC owned 0.35% of ICF International worth $3,068,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the company. California Public Employees Retirement System increased its holdings in shares of ICF International by 28.3% during the 2nd quarter. California Public Employees Retirement System now owns 27,200 shares of the business services provider’s stock worth $1,281,000 after purchasing an additional 6,000 shares during the period. Thrivent Financial For Lutherans increased its holdings in shares of ICF International by 19.5% during the 2nd quarter. Thrivent Financial For Lutherans now owns 256,453 shares of the business services provider’s stock worth $12,079,000 after purchasing an additional 41,843 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of ICF International by 163.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 72,959 shares of the business services provider’s stock worth $3,436,000 after purchasing an additional 45,251 shares during the period. Teachers Advisors LLC increased its holdings in shares of ICF International by 6.3% during the 2nd quarter. Teachers Advisors LLC now owns 32,729 shares of the business services provider’s stock worth $1,542,000 after purchasing an additional 1,946 shares during the period. Finally, Martingale Asset Management L P increased its holdings in shares of ICF International by 27.1% during the 2nd quarter. Martingale Asset Management L P now owns 80,726 shares of the business services provider’s stock worth $3,803,000 after purchasing an additional 17,205 shares during the period. Institutional investors own 90.21% of the company’s stock.

Several research firms have recently issued reports on ICFI. Zacks Investment Research downgraded shares of ICF International from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. BidaskClub downgraded shares of ICF International from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. SunTrust Banks, Inc. restated a “buy” rating and set a $56.00 price objective on shares of ICF International in a report on Tuesday, August 29th. Noble Financial restated a “hold” rating on shares of ICF International in a report on Thursday, August 3rd. Finally, Wells Fargo & Company boosted their price objective on shares of ICF International from $54.00 to $58.00 and gave the stock a “market perform” rating in a report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $60.40.

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ICF International (NASDAQ:ICFI) last issued its quarterly earnings data 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 for the quarter, compared to analyst estimates of $311.49 million. ICF International had a net margin of 4.02% and a return on equity of 10.25%. The company’s revenue was down .4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.81 earnings per share.

In related news, insider James C. M. Morgan sold 4,696 shares of the firm’s stock in a transaction dated Thursday, September 28th. The shares were sold at an average price of $55.00, for a total transaction of $258,280.00. Following the transaction, the insider now directly owns 22,479 shares of the company’s stock, valued at $1,236,345. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO John Wasson sold 13,086 shares of the firm’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $50.00, for a total transaction of $654,300.00. Following the transaction, the chief operating officer now directly owns 66,620 shares in the company, valued at $3,331,000. The disclosure for this sale can be found here. Insiders sold 52,029 shares of company stock worth $2,683,653 over the last three months. Insiders own 5.48% of the company’s stock.

About ICF International

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.

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

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