Sterling Capital Management LLC trimmed its position in shares of CACI International, Inc. (NYSE:CACI – Free Report) by 46.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,725 shares of the information technology services provider’s stock after selling 23,828 shares during the period. Sterling Capital Management LLC’s holdings in CACI International were worth $15,079,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in the company. Fifth Third Wealth Advisors LLC grew its position in CACI International by 7.4% during the first quarter. Fifth Third Wealth Advisors LLC now owns 624 shares of the information technology services provider’s stock valued at $339,000 after acquiring an additional 43 shares during the period. Steph & Co. increased its stake in CACI International by 61.2% during the first quarter. Steph & Co. now owns 158 shares of the information technology services provider’s stock worth $86,000 after acquiring an additional 60 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of CACI International by 77.7% in the 1st quarter. SG Americas Securities LLC now owns 7,341 shares of the information technology services provider’s stock worth $3,993,000 after purchasing an additional 3,211 shares during the period. Defiance ETFs LLC purchased a new position in shares of CACI International in the 4th quarter worth about $1,174,000. Finally, Jump Financial LLC acquired a new position in shares of CACI International in the 4th quarter valued at about $649,000. 86.43% of the stock is owned by hedge funds and other institutional investors.
CACI International Price Performance
CACI stock opened at $454.14 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.61 and a current ratio of 1.61. CACI International, Inc. has a 1 year low of $434.70 and a 1 year high of $683.50. The firm has a market cap of $10.03 billion, a P/E ratio of 18.74, a price-to-earnings-growth ratio of 1.48 and a beta of 0.52. The stock has a 50-day simple moving average of $502.59 and a 200-day simple moving average of $557.86.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on CACI. Citigroup decreased their target price on CACI International from $614.00 to $555.00 and set a “neutral” rating for the company in a report on Monday, May 18th. BNP Paribas Exane assumed coverage on shares of CACI International in a research report on Wednesday, May 27th. They set a “neutral” rating and a $550.00 price target on the stock. Jefferies Financial Group reiterated a “hold” rating and set a $550.00 price objective on shares of CACI International in a research note on Sunday, April 26th. Wells Fargo & Company began coverage on shares of CACI International in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $275.00 price objective for the company. Finally, Weiss Ratings downgraded shares of CACI International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $622.82.
View Our Latest Analysis on CACI
About CACI International
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.
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