Goldman Sachs Group Inc. bought a new stake in NCI, Inc. (NASDAQ:NCIT) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 28,698 shares of the information technology services provider’s stock, valued at approximately $432,000. Goldman Sachs Group Inc. owned approximately 0.21% of NCI at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of NCIT. Dimensional Fund Advisors LP raised its stake in NCI by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 303,739 shares of the information technology services provider’s stock valued at $4,571,000 after buying an additional 3,044 shares during the last quarter. Globeflex Capital L P raised its stake in NCI by 40.3% in the first quarter. Globeflex Capital L P now owns 40,372 shares of the information technology services provider’s stock valued at $608,000 after buying an additional 11,600 shares during the last quarter. Geode Capital Management LLC raised its stake in NCI by 6.7% in the first quarter. Geode Capital Management LLC now owns 90,650 shares of the information technology services provider’s stock valued at $1,364,000 after buying an additional 5,688 shares during the last quarter. Royce & Associates LP purchased a new stake in NCI during the first quarter valued at about $7,663,000. Finally, ClariVest Asset Management LLC raised its stake in NCI by 5.3% in the first quarter. ClariVest Asset Management LLC now owns 14,464 shares of the information technology services provider’s stock valued at $217,000 after buying an additional 727 shares during the last quarter. 38.58% of the stock is currently owned by institutional investors and hedge funds.

Shares of NCI, Inc. (NCIT) traded up 0.25% on Wednesday, reaching $20.00. 79,351 shares of the company were exchanged. NCI, Inc. has a 52-week low of $10.98 and a 52-week high of $21.40. The stock has a 50 day moving average of $20.07 and a 200-day moving average of $16.90. The company has a market capitalization of $272.32 million, a P/E ratio of 46.51 and a beta of 1.01.

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Several research firms have recently issued reports on NCIT. Cowen and Company reissued a “buy” rating and set a $24.00 target price on shares of NCI in a research note on Monday, July 3rd. SunTrust Banks, Inc. lowered shares of NCI from a “buy” rating to a “hold” rating and decreased their price target for the company from $24.00 to $20.00 in a research note on Monday, July 3rd. Noble Financial reaffirmed a “buy” rating on shares of NCI in a research note on Wednesday, June 14th. Zacks Investment Research lowered shares of NCI from a “buy” rating to a “hold” rating in a research note on Tuesday, August 15th. Finally, ValuEngine raised shares of NCI from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. NCI has an average rating of “Hold” and an average price target of $18.33.

About NCI

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.

Institutional Ownership by Quarter for NCI (NASDAQ:NCIT)

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