Sterling Capital Management LLC lifted its stake in shares of CACI International Inc (NYSE:CACI - Free Report) by 256.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 74,708 shares of the information technology services provider's stock after buying an additional 53,724 shares during the period. Sterling Capital Management LLC owned about 0.33% of CACI International worth $30,187,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Captrust Financial Advisors boosted its stake in shares of CACI International by 10.2% in the 3rd quarter. Captrust Financial Advisors now owns 823 shares of the information technology services provider's stock worth $415,000 after buying an additional 76 shares during the last quarter. Geode Capital Management LLC grew its stake in CACI International by 5.0% in 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 purchasing an additional 22,823 shares during the period. Toronto Dominion Bank bought a new stake in shares of CACI International during the 3rd quarter worth $184,000. TD Private Client Wealth LLC boosted its holdings in shares of CACI International by 49.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 252 shares of the information technology services provider's stock worth $127,000 after buying an additional 83 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in CACI International by 69.4% during the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider's stock valued at $49,000 after buying an additional 50 shares during the period. 86.43% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
CACI has been the topic of a number of research analyst reports. Truist Financial dropped their target price on shares of CACI International from $550.00 to $475.00 and set a "buy" rating on the stock in a research note on Monday. Raymond James reiterated an "outperform" rating and issued a $490.00 price objective (up previously from $475.00) on shares of CACI International in a research note on Thursday, January 23rd. StockNews.com lowered CACI International from a "buy" rating to a "hold" rating in a research note on Saturday, January 25th. Jefferies Financial Group lowered their price objective on CACI International from $520.00 to $455.00 and set a "buy" rating on the stock in a research note on Tuesday, March 25th. Finally, William Blair lowered shares of CACI International from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, CACI International presently has an average rating of "Moderate Buy" and an average price target of $508.31.
Read Our Latest Report on CACI
CACI International Price Performance
Shares of NYSE:CACI traded down $6.14 on Tuesday, hitting $417.91. The company's stock had a trading volume of 292,498 shares, compared to its average volume of 258,291. CACI International Inc has a 1 year low of $318.60 and a 1 year high of $588.26. 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 has a market capitalization of $9.37 billion, a PE ratio of 19.60, a PEG ratio of 1.01 and a beta of 0.78. The company has a 50-day simple moving average of $368.33 and a 200 day simple moving average of $432.76.
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 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%. Sell-side analysts forecast that CACI International Inc will post 23.94 EPS for the current fiscal year.
Insider Activity
In related news, Director Debora A. Plunkett sold 309 shares of CACI International stock in a transaction 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 transaction, the director now owns 2,315 shares in the company, valued at $841,780.30. This trade represents a 11.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.35% of the company's stock.
CACI International Profile
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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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