Segall Bryant & Hamill LLC Trims Holdings in CACI International Inc (NYSE:CACI)

Segall Bryant & Hamill LLC reduced its position in CACI International Inc (NYSE:CACI - Free Report) by 42.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,067 shares of the information technology services provider's stock after selling 28,673 shares during the quarter. Segall Bryant & Hamill LLC owned 0.17% of CACI International worth $15,785,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CACI. Van ECK Associates Corp increased its stake 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 period. Geode Capital Management LLC boosted its stake in shares of CACI International by 5.0% during the third quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider's stock valued at $243,386,000 after purchasing an additional 22,823 shares during the period. River Road Asset Management LLC bought a new position in shares of CACI International in the fourth quarter worth about $8,585,000. BNP Paribas Financial Markets increased its stake in CACI International by 37.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider's stock worth $29,745,000 after buying an additional 15,961 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH lifted its holdings in CACI International by 36.4% during the 4th 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 buying an additional 14,141 shares in the last quarter. 86.43% of the stock is owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

A number of brokerages have recently commented on CACI. TD Cowen reduced their target price on shares of CACI International from $610.00 to $480.00 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. William Blair cut CACI International from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Wells Fargo & Company decreased their target price on CACI International from $536.00 to $480.00 and set an "overweight" rating for the company in a research report on Wednesday, February 26th. Jefferies Financial Group dropped their price target on CACI International from $520.00 to $455.00 and set a "buy" rating on the stock in a research report on Tuesday, March 25th. Finally, StockNews.com lowered CACI International from a "buy" rating to a "hold" rating in a research note on Saturday, January 25th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $517.31.

Insider Buying and Selling

In related news, Director Debora A. Plunkett sold 309 shares of CACI International stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total value of $112,358.58. Following the completion of the sale, the director now directly owns 2,315 shares in the company, valued at $841,780.30. This trade represents a 11.78 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.35% of the stock is owned by company insiders.

CACI International Stock Down 0.6 %

Shares of NYSE:CACI traded down $2.44 during trading on Friday, reaching $373.55. The stock had a trading volume of 277,099 shares, compared to its average volume of 229,626. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $8.37 billion, a P/E ratio of 17.52, a PEG ratio of 1.01 and a beta of 0.88. The firm's 50-day simple moving average is $372.72 and its 200 day simple moving average is $441.07. CACI International Inc has a one year low of $318.60 and a one year high of $588.26.

CACI International (NYSE:CACI - Get Free Report) last released its quarterly earnings results 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 net margin of 5.90% and a return on equity of 15.30%. As a group, research analysts expect that CACI International Inc will post 23.94 EPS for the current fiscal year.

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.