NCI, Inc. (NCIT) Stake Reduced by TIAA CREF Investment Management LLC

TIAA CREF Investment Management LLC reduced its position in NCI, Inc. (NASDAQ:NCIT) by 4.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,273 shares of the information technology services provider’s stock after selling 755 shares during the period. TIAA CREF Investment Management LLC owned about 0.13% of NCI worth $260,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in NCIT. 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 worth $184,000 after buying an additional 4,044 shares during the last quarter. Russell Investments Group Ltd. raised its position 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 buying an additional 4,632 shares during the last quarter. Wedge Capital Management L L P NC raised its position in shares of NCI by 21.0% in the first quarter. Wedge Capital Management L L P NC now owns 46,700 shares of the information technology services provider’s stock worth $703,000 after buying an additional 8,100 shares during the last quarter. LSV Asset Management raised its position 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 buying an additional 3,903 shares during the last quarter. Finally, Algert Global LLC raised its position 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 buying an additional 1,180 shares during the last quarter. Institutional investors own 38.58% of the company’s stock.

NCI, Inc. (NASDAQ:NCIT) traded up 0.25% during midday trading on Wednesday, reaching $20.00. 79,351 shares of the company’s stock were exchanged. NCI, Inc. has a 12-month low of $10.98 and a 12-month high of $21.40. The stock’s 50-day moving average is $20.07 and its 200-day moving average is $16.90.

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NCIT has been the subject of a number of recent analyst reports. Noble Financial restated a “buy” rating on shares of NCI in a report on Friday, May 12th. Zacks Investment Research upgraded shares of NCI from a “sell” rating to a “hold” rating in a report on Saturday, May 13th. ValuEngine upgraded shares of NCI from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Cowen and Company set a $24.00 price objective on shares of NCI and gave the stock a “buy” rating in a report on Thursday, June 8th. Finally, SunTrust Banks, Inc. restated a “buy” rating on shares of NCI in a report on Monday, June 26th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has a consensus 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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