KLP Kapitalforvaltning AS purchased a new stake in shares of CACI International Inc (NYSE:CACI - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 6,300 shares of the information technology services provider's stock, valued at approximately $2,546,000.
A number of other large investors have also recently made changes to their positions in CACI. Van ECK Associates Corp boosted its holdings in CACI International by 35.2% in the fourth quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider's stock worth $63,477,000 after purchasing an additional 40,867 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of CACI International by 5.0% during the 3rd quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider's stock valued at $243,386,000 after buying an additional 22,823 shares during the period. River Road Asset Management LLC purchased a new position in shares of CACI International in the 4th quarter worth $8,585,000. BNP Paribas Financial Markets grew its holdings in shares of CACI International by 37.1% in the third quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider's stock worth $29,745,000 after acquiring an additional 15,961 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH increased its position in CACI International by 36.4% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 53,005 shares of the information technology services provider's stock valued at $21,417,000 after acquiring an additional 14,141 shares during the last quarter. 86.43% of the stock is currently owned by institutional investors.
CACI International Price Performance
Shares of CACI International stock traded down $2.44 during trading hours on Friday, reaching $373.55. The company's stock had a trading volume of 277,099 shares, compared to its average volume of 229,626. 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 Inc has a one year low of $318.60 and a one year high of $588.26. The firm has a 50 day moving average price of $372.72 and a 200-day moving average price of $441.07. The stock has a market cap of $8.37 billion, a P/E ratio of 17.52, a P/E/G ratio of 1.01 and a beta of 0.88.
CACI International (NYSE:CACI - Get Free Report) last issued its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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, analysts predict that CACI International Inc will post 23.94 EPS for the current year.
Insider Activity
In other news, Director Debora A. Plunkett sold 309 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $363.62, for a total value of $112,358.58. Following the sale, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.35% of the company's stock.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on CACI. William Blair downgraded CACI International from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. The Goldman Sachs Group downgraded shares of CACI International from a "neutral" rating to a "sell" rating and decreased their price target for the stock from $540.00 to $373.00 in a research report on Thursday, December 12th. TD Cowen cut their price objective on shares of CACI International from $610.00 to $480.00 and set a "buy" rating for the company in a research report on Wednesday, January 8th. StockNews.com downgraded 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 report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $517.31.
Read Our Latest Analysis on CACI
CACI International 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.
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