AGF Management Ltd. cut its stake in shares of CACI International Inc (NYSE:CACI - Free Report) by 77.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,842 shares of the information technology services provider's stock after selling 20,472 shares during the period. AGF Management Ltd.'s holdings in CACI International were worth $2,361,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently bought and sold shares of CACI. OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in shares of CACI International in the third quarter worth approximately $300,000. Sumitomo Mitsui Trust Group Inc. bought a new stake in CACI International during the 3rd quarter valued at about $1,955,000. Zions Bancorporation N.A. boosted its position in CACI International by 17.0% in the 3rd quarter. Zions Bancorporation N.A. now owns 5,056 shares of the information technology services provider's stock valued at $2,551,000 after buying an additional 736 shares during the period. Coastline Trust Co bought a new position in CACI International in the 3rd quarter worth about $45,000. Finally, Segall Bryant & Hamill LLC raised its stake in shares of CACI International by 3.7% during the third quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider's stock valued at $34,179,000 after acquiring an additional 2,396 shares in the last quarter. Hedge funds and other institutional investors own 86.43% of the company's stock.
CACI International Stock Down 0.6 %
CACI International stock opened at $367.81 on Friday. The business has a fifty day moving average price of $385.82 and a 200-day moving average price of $449.76. CACI International Inc has a 1-year low of $318.60 and a 1-year high of $588.26. The stock has a market capitalization of $8.25 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 1.01 and a beta of 0.88. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52.
CACI International (NYSE:CACI - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. Equities research analysts forecast that CACI International Inc will post 23.94 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on CACI shares. Jefferies Financial Group raised CACI International from a "hold" rating to a "buy" rating and set a $515.00 target price for the company in a research report on Thursday, January 16th. Robert W. Baird restated an "outperform" rating and issued a $640.00 price objective on shares of CACI International in a report on Tuesday, December 17th. The Goldman Sachs Group cut shares of CACI International from a "neutral" rating to a "sell" rating and dropped their target price for the stock from $540.00 to $373.00 in a report on Thursday, December 12th. StockNews.com downgraded shares of CACI International from a "buy" rating to a "hold" rating in a research report on Saturday, January 25th. Finally, Cantor Fitzgerald raised shares of CACI International to a "strong-buy" rating in a research report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $521.92.
Read Our Latest Stock Report on CACI
CACI International Company Profile
(
Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider CACI International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CACI International wasn't on the list.
While CACI International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
