Eagle Asset Management Inc. lowered its holdings in shares of CACI International Inc (NYSE:CACI) by 18.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 114,025 shares of the information technology services provider’s stock after selling 26,400 shares during the period. Eagle Asset Management Inc. owned approximately 0.46% of CACI International worth $15,091,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ferguson Wellman Capital Management Inc. acquired a new stake in CACI International in the fourth quarter valued at approximately $10,834,000. State Street Corp grew its stake in CACI International by 3.6% in the second quarter. State Street Corp now owns 601,924 shares of the information technology services provider’s stock valued at $75,282,000 after acquiring an additional 21,125 shares during the period. James Investment Research Inc. grew its stake in CACI International by 1,072.7% in the fourth quarter. James Investment Research Inc. now owns 12,900 shares of the information technology services provider’s stock valued at $1,707,000 after acquiring an additional 11,800 shares during the period. First Quadrant L P CA grew its stake in CACI International by 46.4% in the fourth quarter. First Quadrant L P CA now owns 19,930 shares of the information technology services provider’s stock valued at $2,638,000 after acquiring an additional 6,321 shares during the period. Finally, Pinebridge Investments L.P. grew its stake in CACI International by 21.3% in the fourth quarter. Pinebridge Investments L.P. now owns 35,854 shares of the information technology services provider’s stock valued at $4,745,000 after acquiring an additional 6,300 shares during the period. 87.04% of the stock is owned by institutional investors and hedge funds.
A number of brokerages have commented on CACI. Zacks Investment Research raised CACI International from a “hold” rating to a “buy” rating and set a $160.00 price objective for the company in a research note on Tuesday, February 6th. Noble Financial lowered CACI International to a “hold” rating in a report on Friday, February 2nd. They noted that the move was a valuation call. SunTrust Banks restated a “hold” rating and issued a $155.00 target price on shares of CACI International in a report on Friday, February 2nd. ValuEngine upgraded CACI International from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Finally, Jefferies Group restated a “buy” rating and issued a $168.00 target price on shares of CACI International in a report on Thursday, February 1st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $152.55.
In related news, Director Gregory G. Johnson sold 300 shares of CACI International stock in a transaction on Monday, February 12th. The stock was sold at an average price of $149.97, for a total transaction of $44,991.00. Following the sale, the director now directly owns 4,769 shares in the company, valued at $715,206.93. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Thomas A. Mutryn sold 4,743 shares of CACI International stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $150.00, for a total value of $711,450.00. Following the sale, the chief financial officer now owns 37,555 shares in the company, valued at $5,633,250. The disclosure for this sale can be found here. Insiders have sold 16,294 shares of company stock worth $2,388,412 over the last quarter. 1.44% of the stock is currently owned by corporate insiders.
CACI International Inc (CACI) opened at $149.10 on Wednesday. CACI International Inc has a fifty-two week low of $112.10 and a fifty-two week high of $159.40. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $3,697.88, a P/E ratio of 21.33, a PEG ratio of 1.35 and a beta of 1.63.
CACI International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, January 31st. The information technology services provider reported $2.00 EPS for the quarter, missing the Zacks’ consensus estimate of $2.29 by ($0.29). The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.08 billion. CACI International had a return on equity of 9.64% and a net margin of 6.13%. The business’s revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.69 earnings per share. sell-side analysts forecast that CACI International Inc will post 11.14 EPS for the current fiscal year.
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CACI International Company Profile
CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.
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