RNC Capital Management LLC Invests $315,000 in CACI International Inc (NYSE:CACI)

RNC Capital Management LLC bought a new position in shares of CACI International Inc (NYSE:CACI - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 780 shares of the information technology services provider's stock, valued at approximately $315,000.

Other hedge funds have also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. grew its stake in shares of CACI International by 40.0% during the third quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider's stock worth $32,000 after purchasing an additional 18 shares in the last quarter. UMB Bank n.a. boosted its position in shares of CACI International by 81.4% during the 3rd quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider's stock worth $39,000 after acquiring an additional 35 shares in the last quarter. Coastline Trust Co purchased a new position in shares of CACI International in the 3rd quarter valued at about $45,000. GAMMA Investing LLC raised its position in shares of CACI International by 69.4% during 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 in the last quarter. Finally, Rosenberg Matthew Hamilton lifted its stake in CACI International by 9.8% during the third quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider's stock worth $107,000 after purchasing an additional 19 shares during the last quarter. Institutional investors and hedge funds own 86.43% of the company's stock.

CACI International Stock Performance

Shares of CACI stock traded up $5.38 during trading hours on Monday, reaching $381.56. 207,707 shares of the company's stock were exchanged, compared to its average volume of 406,891. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52. The company's 50 day moving average is $418.89 and its two-hundred day moving average is $467.59. The company has a market cap of $8.55 billion, a P/E ratio of 17.90, a price-to-earnings-growth ratio of 1.09 and a beta of 0.87. CACI International Inc has a 1 year low of $355.60 and a 1 year high of $588.26.

CACI International (NYSE:CACI - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, topping 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%. Equities research analysts anticipate that CACI International Inc will post 24.41 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have weighed in on CACI shares. Barclays raised their price objective on shares of CACI International from $610.00 to $625.00 and gave the stock an "overweight" rating in a report on Tuesday, November 12th. Truist Financial decreased their price objective on shares of CACI International from $650.00 to $550.00 and set a "buy" rating for the company in a research note on Friday, November 22nd. TD Cowen dropped their price target on CACI International from $610.00 to $480.00 and set a "buy" rating on the stock in a research note on Wednesday, January 8th. Jefferies Financial Group raised shares of CACI International from a "hold" rating to a "buy" rating and set a $515.00 target price on the stock in a report on Thursday, January 16th. Finally, StockNews.com cut shares of CACI International from a "buy" rating to a "hold" rating in a research note on Saturday, January 25th. One analyst has rated the stock with a sell rating, one has given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $526.23.

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.