Axa held its position in shares of NCI, Inc. (NASDAQ:NCIT) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 33,342 shares of the information technology services provider’s stock at the end of the first quarter. Axa’s holdings in NCI were worth $502,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Russell Investments Group Ltd. acquired a new position in shares of NCI during the fourth quarter valued at $216,000. State Street Corp raised its position in shares of NCI by 24.8% in the fourth quarter. State Street Corp now owns 64,343 shares of the information technology services provider’s stock valued at $898,000 after buying an additional 12,784 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of NCI by 1.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 300,695 shares of the information technology services provider’s stock valued at $4,195,000 after buying an additional 5,301 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of NCI by 2.5% in the fourth quarter. Renaissance Technologies LLC now owns 384,725 shares of the information technology services provider’s stock valued at $5,367,000 after buying an additional 9,225 shares in the last quarter. Finally, Teachers Advisors LLC raised its position 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 valued at $184,000 after buying an additional 4,044 shares in the last quarter. Institutional investors and hedge funds own 39.04% of the company’s stock.

Institutional Ownership by Quarter for NCI (NASDAQ:NCIT)

Shares of NCI, Inc. (NASDAQ:NCIT) opened at 20.35 on Thursday. NCI, Inc. has a 52 week low of $10.98 and a 52 week high of $21.00. The company has a market cap of $275.76 million, a P/E ratio of 45.53 and a beta of 0.98. The firm has a 50-day moving average of $18.39 and a 200 day moving average of $15.07.

NCI (NASDAQ:NCIT) last issued its quarterly earnings results on Tuesday, May 9th. The information technology services provider reported $0.25 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.04. The firm had revenue of $78.75 million for the quarter, compared to the consensus estimate of $76.55 million. NCI had a net margin of 2.13% and a return on equity of 11.73%. Equities analysts anticipate that NCI, Inc. will post $1.01 earnings per share for the current fiscal year.

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NCIT has been the topic of several analyst reports. FBR & Co restated a “hold” rating and issued a $11.00 price objective on shares of NCI in a report on Tuesday, April 4th. Zacks Investment Research lowered shares of NCI from a “hold” rating to a “sell” rating in a report on Saturday, April 8th. Cowen and Company restated a “buy” rating and issued a $16.50 price objective on shares of NCI in a report on Monday, April 10th. Noble Financial restated a “buy” rating on shares of NCI in a report on Friday, May 12th. Finally, ValuEngine upgraded shares of NCI from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $17.50.

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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