AMJ Financial Wealth Management increased its holdings in shares of CACI International Inc (NYSE:CACI – Free Report) by 9.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,918 shares of the information technology services provider’s stock after buying an additional 350 shares during the quarter. AMJ Financial Wealth Management’s holdings in CACI International were worth $1,335,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Bessemer Group Inc. boosted its holdings in shares of CACI International by 4.3% in the second quarter. Bessemer Group Inc. now owns 21,602 shares of the information technology services provider’s stock valued at $7,363,000 after buying an additional 889 shares during the period. Vestor Capital LLC boosted its stake in CACI International by 38,049.2% in the 2nd quarter. Vestor Capital LLC now owns 91,558 shares of the information technology services provider’s stock worth $7,432,000 after purchasing an additional 91,318 shares during the period. BNP Paribas Arbitrage SNC increased its holdings in CACI International by 36.8% during the 2nd quarter. BNP Paribas Arbitrage SNC now owns 14,679 shares of the information technology services provider’s stock worth $5,003,000 after purchasing an additional 3,948 shares in the last quarter. AGF Management Ltd. raised its stake in shares of CACI International by 7.5% in the 2nd quarter. AGF Management Ltd. now owns 12,069 shares of the information technology services provider’s stock valued at $4,114,000 after purchasing an additional 847 shares during the period. Finally, Column Capital Advisors LLC lifted its holdings in shares of CACI International by 26.0% in the second quarter. Column Capital Advisors LLC now owns 427 shares of the information technology services provider’s stock valued at $146,000 after purchasing an additional 88 shares in the last quarter. 87.30% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on CACI. JPMorgan Chase & Co. lifted their target price on CACI International from $330.00 to $380.00 and gave the company an “overweight” rating in a research report on Friday, August 11th. Raymond James boosted their price objective on shares of CACI International from $340.00 to $370.00 and gave the stock an “outperform” rating in a research report on Friday, August 11th. Barclays raised their target price on shares of CACI International from $350.00 to $400.00 and gave the company an “overweight” rating in a research report on Monday, August 14th. Bank of America boosted their price target on shares of CACI International from $365.00 to $385.00 and gave the stock a “buy” rating in a research report on Thursday, August 17th. Finally, William Blair restated an “outperform” rating on shares of CACI International in a research note on Thursday, August 10th. Eleven analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, CACI International presently has an average rating of “Buy” and an average target price of $374.09.
CACI International Stock Performance
Shares of CACI traded up $2.17 during mid-day trading on Monday, reaching $322.66. The company’s stock had a trading volume of 5,356 shares, compared to its average volume of 145,149. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.55. CACI International Inc has a 1-year low of $275.79 and a 1-year high of $359.33. The business has a 50-day simple moving average of $322.81 and a two-hundred day simple moving average of $325.92. The stock has a market cap of $7.19 billion, a P/E ratio of 19.48, a PEG ratio of 1.71 and a beta of 1.00.
CACI International (NYSE:CACI – Get Free Report) last posted its quarterly earnings results on Wednesday, October 25th. The information technology services provider reported $4.36 earnings per share for the quarter, missing analysts’ consensus estimates of $4.52 by ($0.16). CACI International had a net margin of 5.49% and a return on equity of 13.74%. The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.68 billion. During the same quarter last year, the company posted $4.36 EPS. The firm’s revenue was up 15.2% on a year-over-year basis. As a group, equities research analysts anticipate that CACI International Inc will post 20.05 earnings per share for the current fiscal year.
Insider Buying and Selling
In other CACI International news, Director Gregory G. Johnson sold 125 shares of the stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $319.82, for a total value of $39,977.50. Following the transaction, the director now directly owns 5,998 shares of the company’s stock, valued at approximately $1,918,280.36. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.23% of the stock is currently owned by insiders.
CACI International Profile
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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