Martingale Asset Management L P lessened its holdings in shares of CACI International Inc (NYSE:CACI – Free Report) by 0.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 61,132 shares of the information technology services provider’s stock after selling 76 shares during the period. Martingale Asset Management L P owned 0.27% of CACI International worth $18,112,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of the business. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in CACI International by 2.8% during the 1st quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 346,615 shares of the information technology services provider’s stock valued at $102,695,000 after purchasing an additional 9,335 shares during the period. Natixis Advisors L.P. boosted its stake in CACI International by 9.5% during the 1st quarter. Natixis Advisors L.P. now owns 17,513 shares of the information technology services provider’s stock valued at $5,188,000 after purchasing an additional 1,526 shares during the period. Zions Bancorporation N.A. boosted its stake in CACI International by 11.5% during the 1st quarter. Zions Bancorporation N.A. now owns 3,737 shares of the information technology services provider’s stock valued at $1,107,000 after purchasing an additional 384 shares during the period. Wintrust Investments LLC acquired a new position in CACI International during the 1st quarter valued at about $201,000. Finally, Bank of New York Mellon Corp boosted its stake in CACI International by 30.3% during the 1st quarter. Bank of New York Mellon Corp now owns 604,767 shares of the information technology services provider’s stock valued at $179,180,000 after purchasing an additional 140,710 shares during the period. Institutional investors own 87.30% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have issued reports on CACI shares. Raymond James boosted their target price on shares of CACI International from $340.00 to $370.00 and gave the company an “outperform” rating in a research note on Friday, August 11th. Jefferies Financial Group raised shares of CACI International from a “hold” rating to a “buy” rating and set a $405.00 price target for the company in a research note on Wednesday, July 12th. William Blair reaffirmed an “outperform” rating on shares of CACI International in a research note on Thursday, August 10th. Bank of America boosted their target price on shares of CACI International from $365.00 to $385.00 and gave the stock a “buy” rating in a report on Thursday, August 17th. Finally, Stifel Nicolaus boosted their target price on shares of CACI International from $315.00 to $360.00 in a report on Thursday, June 22nd. Eleven investment analysts have rated the stock with a buy rating, According to MarketBeat, CACI International currently has an average rating of “Buy” and a consensus target price of $376.09.
CACI International Trading Up 0.6 %
Shares of CACI stock traded up $1.96 during trading hours on Friday, reaching $329.97. 4,540 shares of the stock traded hands, compared to its average volume of 150,098. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.51. CACI International Inc has a 1-year low of $245.32 and a 1-year high of $359.33. The business has a fifty day moving average price of $341.47 and a 200 day moving average price of $315.60. The firm has a market capitalization of $7.52 billion, a PE ratio of 19.94, a PEG ratio of 1.76 and a beta of 0.99.
CACI International (NYSE:CACI – Get Free Report) last issued its quarterly earnings results on Wednesday, August 9th. The information technology services provider reported $5.30 earnings per share for the quarter, beating analysts’ consensus estimates of $4.85 by $0.45. CACI International had a net margin of 5.74% and a return on equity of 13.87%. The firm had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.73 billion. During the same period in the prior year, the firm earned $4.54 EPS. The business’s revenue was up 3.7% on a year-over-year basis. On average, equities research analysts forecast that CACI International Inc will post 19.97 EPS for the current year.
In related news, Director Gregory G. Johnson sold 150 shares of the stock in a transaction dated Tuesday, June 13th. The shares were sold at an average price of $320.30, for a total transaction of $48,045.00. Following the completion of the sale, the director now owns 5,958 shares in the company, valued at approximately $1,908,347.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.23% of the company’s stock.
About CACI International
CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.
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