NCI Inc (NCIT) Receives $18.33 Average PT from Brokerages

NCI Inc (NASDAQ:NCIT) has earned an average recommendation of “Hold” from the six ratings firms that are presently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $18.33.

A number of analysts have issued reports on the company. Zacks Investment Research lowered NCI from a “buy” rating to a “hold” rating in a research report on Tuesday, August 15th. Cowen and Company set a $24.00 target price on NCI and gave the company a “buy” rating in a research report on Thursday, June 8th. Noble Financial reissued a “buy” rating on shares of NCI in a research report on Wednesday, June 14th. SunTrust Banks, Inc. lowered NCI from a “buy” rating to a “hold” rating and cut their target price for the company from $24.00 to $20.00 in a research report on Monday, July 3rd. Finally, ValuEngine raised NCI from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.

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Several large investors have recently bought and sold shares of NCIT. Teachers Advisors LLC grew its stake in shares of NCI by 44.1% in the fourth quarter. Teachers Advisors LLC now owns 13,212 shares of the information technology services provider’s stock worth $184,000 after acquiring an additional 4,044 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of NCI by 30.1% in the first quarter. Russell Investments Group Ltd. now owns 20,040 shares of the information technology services provider’s stock worth $302,000 after acquiring an additional 4,632 shares in the last quarter. LSV Asset Management grew its stake in shares of NCI by 5.7% in the first quarter. LSV Asset Management now owns 72,201 shares of the information technology services provider’s stock worth $1,086,000 after acquiring an additional 3,903 shares in the last quarter. Algert Global LLC grew its stake in shares of NCI by 10.8% in the first quarter. Algert Global LLC now owns 12,155 shares of the information technology services provider’s stock worth $183,000 after acquiring an additional 1,180 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of NCI by 4.4% in the first quarter. Bank of New York Mellon Corp now owns 27,972 shares of the information technology services provider’s stock worth $421,000 after acquiring an additional 1,184 shares in the last quarter. Institutional investors and hedge funds own 38.58% of the company’s stock.

Shares of NCI (NCIT) traded up inf% on Friday, reaching $20.00. The company had a trading volume of 79,351 shares. The company’s 50 day moving average price is $20.07 and its 200-day moving average price is $16.90. NCI has a 1-year low of $10.98 and a 1-year high of $21.40.

NCI Company Profile

NCI, Inc is a provider of enterprise services and solutions to defense, intelligence, healthcare and civilian government agencies. The Company provides information technology (IT), and professional services and solutions by leveraging its core service offerings, which include cloud computing and IT infrastructure optimization; cybersecurity and information assurance; engineering and logistics support; enterprise information management and advanced analytics; health IT and medical support; IT service management; modeling, simulation, and training, and agile development and integration.

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