Sumitomo Mitsui Trust Group Inc. Invests $1.96 Million in CACI International Inc (NYSE:CACI)

Sumitomo Mitsui Trust Group Inc. bought a new position in shares of CACI International Inc (NYSE:CACI - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,874 shares of the information technology services provider's stock, valued at approximately $1,955,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LRI Investments LLC bought a new stake in CACI International in the first quarter valued at about $293,000. Lazard Asset Management LLC acquired a new position in shares of CACI International during the first quarter worth about $653,000. Kennedy Capital Management LLC grew its stake in shares of CACI International by 39.9% during the 1st quarter. Kennedy Capital Management LLC now owns 8,276 shares of the information technology services provider's stock worth $3,135,000 after acquiring an additional 2,359 shares in the last quarter. Comerica Bank raised its holdings in shares of CACI International by 13.4% in the first quarter. Comerica Bank now owns 11,609 shares of the information technology services provider's stock valued at $4,398,000 after purchasing an additional 1,372 shares during the last quarter. Finally, M&R Capital Management Inc. lifted its position in shares of CACI International by 487.2% in the second quarter. M&R Capital Management Inc. now owns 16,930 shares of the information technology services provider's stock worth $7,282,000 after purchasing an additional 14,047 shares in the last quarter. Institutional investors own 86.43% of the company's stock.

CACI International Trading Down 0.8 %

NYSE CACI traded down $3.38 during trading hours on Tuesday, reaching $444.62. The company's stock had a trading volume of 428,221 shares, compared to its average volume of 122,237. The firm has a fifty day simple moving average of $518.36 and a 200-day simple moving average of $469.29. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75. CACI International Inc has a 52 week low of $314.06 and a 52 week high of $588.26. The stock has a market cap of $9.96 billion, a P/E ratio of 22.05, a P/E/G ratio of 1.84 and a beta of 0.91.

CACI International (NYSE:CACI - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, topping the consensus estimate of $5.08 by $0.85. The company had revenue of $2.06 billion for the quarter, compared to analysts' expectations of $1.92 billion. CACI International had a net margin of 5.77% and a return on equity of 14.78%. CACI International's revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.36 earnings per share. Equities analysts forecast that CACI International Inc will post 23.42 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have issued reports on CACI shares. Robert W. Baird lifted their price target on shares of CACI International from $533.00 to $640.00 and gave the company an "outperform" rating in a research note on Friday, October 25th. Barclays raised their price target on CACI International from $610.00 to $625.00 and gave the company an "overweight" rating in a research note on Tuesday, November 12th. Raymond James cut CACI International from an "outperform" rating to a "market perform" rating in a research note on Monday, August 5th. Bank of America boosted their target price on shares of CACI International from $535.00 to $555.00 and gave the stock a "buy" rating in a report on Tuesday, September 17th. Finally, Wells Fargo & Company increased their price target on shares of CACI International from $525.00 to $577.00 and gave the company an "overweight" rating in a research note on Tuesday, October 1st. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $547.20.

Insider Buying and Selling at CACI International

In other CACI International news, insider Gregory R. Bradford sold 10,000 shares of the company's stock in a transaction on Monday, September 16th. The shares were sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the transaction, the insider now owns 35,538 shares in the company, valued at approximately $17,499,266.58. This represents a 21.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Gregory G. Johnson sold 300 shares of the business's stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $471.00, for a total transaction of $141,300.00. Following the sale, the director now directly owns 5,910 shares of the company's stock, valued at approximately $2,783,610. The trade was a 4.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,270 shares of company stock valued at $5,534,172. 1.35% of the stock is currently owned by insiders.

CACI International Company Profile

CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.