River Road Asset Management LLC lessened its stake in CACI International, Inc. (NYSE:CACI – Free Report) by 45.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 251,387 shares of the information technology services provider’s stock after selling 209,737 shares during the period. CACI International makes up 1.5% of River Road Asset Management LLC’s portfolio, making the stock its 14th largest position. River Road Asset Management LLC’s holdings in CACI International were worth $133,942,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CACI. Tudor Investment Corp ET AL raised its stake in shares of CACI International by 1,494.8% during the third quarter. Tudor Investment Corp ET AL now owns 33,490 shares of the information technology services provider’s stock worth $16,704,000 after purchasing an additional 31,390 shares during the last quarter. Horizon Investments LLC lifted its holdings in shares of CACI International by 35.4% during the fourth quarter. Horizon Investments LLC now owns 9,580 shares of the information technology services provider’s stock worth $5,104,000 after purchasing an additional 2,504 shares during the period. Van ECK Associates Corp grew its position in CACI International by 2.6% in the 3rd quarter. Van ECK Associates Corp now owns 378,985 shares of the information technology services provider’s stock valued at $189,030,000 after buying an additional 9,739 shares during the last quarter. Mitsubishi UFJ Asset Management UK Ltd. grew its position in CACI International by 70.0% in the 3rd quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 3,400 shares of the information technology services provider’s stock valued at $1,696,000 after buying an additional 1,400 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in CACI International by 1.4% in the 4th quarter. Geode Capital Management LLC now owns 431,112 shares of the information technology services provider’s stock valued at $229,746,000 after buying an additional 6,131 shares during the period. 86.43% of the stock is owned by hedge funds and other institutional investors.
CACI International Trading Down 5.6%
NYSE:CACI opened at $467.39 on Friday. CACI International, Inc. has a 1 year low of $445.48 and a 1 year high of $683.50. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.61 and a current ratio of 1.61. The stock has a fifty day moving average price of $513.35 and a two-hundred day moving average price of $563.68. The stock has a market capitalization of $10.32 billion, a price-to-earnings ratio of 19.28, a PEG ratio of 1.65 and a beta of 0.52.
Analysts Set New Price Targets
A number of equities analysts have commented on the stock. Jefferies Financial Group restated a “hold” rating and set a $550.00 price objective on shares of CACI International in a research report on Sunday, April 26th. Weiss Ratings downgraded shares of CACI International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 19th. Wells Fargo & Company initiated coverage on shares of CACI International in a research note on Wednesday, April 1st. They set an “overweight” rating and a $275.00 price target on the stock. BNP Paribas Exane initiated coverage on shares of CACI International in a report on Wednesday, May 27th. They set a “neutral” rating and a $550.00 price target for the company. Finally, TD Cowen lowered their price objective on CACI International from $650.00 to $625.00 and set a “buy” rating on the stock in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $622.82.
Get Our Latest Analysis on CACI International
CACI International Company Profile
CACI International Inc is a leading provider of information solutions and services to the U.S. federal government, with a primary focus on defense, intelligence, homeland security and federal civilian agencies. The company delivers advanced technology and domain expertise to support mission-critical operations, offering capabilities in areas such as data analytics, cyber security, network integration, enterprise IT modernization and logistics support. By integrating software, hardware and professional services, CACI helps clients enhance situational awareness, improve decision making and maintain critical infrastructure resilience.
Founded in 1962 and headquartered in Arlington, Virginia, CACI has evolved from a small consulting operation into a global enterprise.
Further Reading
- Five stocks we like better than CACI International
- Credo Technologies Accelerates AI—Its Stock Price Will Follow
- Qualcomm Goes All-In: The $10B Bet to Crush NVIDIA
- Jabil Just Gave Investors a Stronger Reason to Buy the Dip
- CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge
Want to see what other hedge funds are holding CACI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CACI International, Inc. (NYSE:CACI – Free Report).
Receive News & Ratings for CACI International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CACI International and related companies with MarketBeat.com's FREE daily email newsletter.
