Ramirez Asset Management Inc. Buys 1,847 Shares of CACI International Inc (NYSE:CACI)

Ramirez Asset Management Inc. grew its holdings in shares of CACI International Inc (NYSE:CACI - Free Report) by 287.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,490 shares of the information technology services provider's stock after buying an additional 1,847 shares during the period. Ramirez Asset Management Inc.'s holdings in CACI International were worth $1,006,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. UMB Bank n.a. raised its holdings in CACI International by 37.2% during the fourth quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider's stock worth $43,000 after buying an additional 29 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of CACI International by 69.4% in the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider's stock worth $49,000 after acquiring an additional 50 shares during the last quarter. AMJ Financial Wealth Management lifted its position in CACI International by 1.8% in the 4th quarter. AMJ Financial Wealth Management now owns 3,988 shares of the information technology services provider's stock valued at $1,611,000 after acquiring an additional 70 shares in the last quarter. Kendall Capital Management boosted its stake in CACI International by 6.2% during the 4th quarter. Kendall Capital Management now owns 1,294 shares of the information technology services provider's stock valued at $523,000 after purchasing an additional 75 shares during the last quarter. Finally, Captrust Financial Advisors increased its holdings in CACI International by 10.2% during the 3rd quarter. Captrust Financial Advisors now owns 823 shares of the information technology services provider's stock worth $415,000 after purchasing an additional 76 shares in the last quarter. Institutional investors and hedge funds own 86.43% of the company's stock.

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Wall Street Analysts Forecast Growth

CACI has been the subject of several recent research reports. Wells Fargo & Company decreased their price target on CACI International from $536.00 to $480.00 and set an "overweight" rating for the company in a report on Wednesday, February 26th. The Goldman Sachs Group downgraded shares of CACI International from a "neutral" rating to a "sell" rating and reduced their target price for the company from $540.00 to $373.00 in a research report on Thursday, December 12th. Robert W. Baird reaffirmed an "outperform" rating and issued a $640.00 price target on shares of CACI International in a report on Tuesday, December 17th. Cantor Fitzgerald raised CACI International to a "strong-buy" rating in a report on Tuesday, February 25th. Finally, Raymond James reaffirmed an "outperform" rating and set a $490.00 price target (up previously from $475.00) on shares of CACI International in a research report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $517.31.

CACI International Price Performance

CACI International stock traded down $1.52 during midday trading on Tuesday, reaching $365.41. 162,109 shares of the stock were exchanged, compared to its average volume of 230,070. CACI International Inc has a 52 week low of $318.60 and a 52 week high of $588.26. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.52 and a current ratio of 1.52. The firm has a market cap of $8.19 billion, a PE ratio of 17.14, a PEG ratio of 1.01 and a beta of 0.88. The company's fifty day moving average is $371.02 and its 200-day moving average is $440.34.

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 return on equity of 15.30% and a net margin of 5.90%. On average, sell-side analysts forecast that CACI International Inc will post 23.94 EPS for the current year.

Insider Activity at CACI International

In other news, Director Debora A. Plunkett sold 309 shares of the company's stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $363.62, for a total value of $112,358.58. Following the completion of the transaction, the director now directly owns 2,315 shares in the company, valued at approximately $841,780.30. This represents a 11.78 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.35% of the stock is owned by insiders.

About CACI International

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.