Trust Point Inc. Acquires Shares of 1,132 CACI International Inc (NYSE:CACI)

Trust Point Inc. bought a new stake in CACI International Inc (NYSE:CACI - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,132 shares of the information technology services provider's stock, valued at approximately $457,000.

A number of other institutional investors have also modified their holdings of CACI. UMB Bank n.a. boosted its holdings in CACI International by 81.4% in the 3rd quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider's stock valued at $39,000 after purchasing an additional 35 shares in the last quarter. Wedge Capital Management L L P NC lifted its holdings in shares of CACI International by 4.0% in the 3rd quarter. Wedge Capital Management L L P NC now owns 7,141 shares of the information technology services provider's stock valued at $3,603,000 after buying an additional 275 shares during the period. Argent Capital Management LLC purchased a new stake in shares of CACI International in the third quarter valued at approximately $208,000. Nisa Investment Advisors LLC grew its holdings in CACI International by 13.4% during the third quarter. Nisa Investment Advisors LLC now owns 2,328 shares of the information technology services provider's stock worth $1,175,000 after acquiring an additional 275 shares during the period. Finally, Rosenberg Matthew Hamilton raised its position in CACI International by 9.8% in the third quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider's stock worth $107,000 after acquiring an additional 19 shares in the last quarter. Institutional investors and hedge funds own 86.43% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on CACI shares. UBS Group assumed coverage on shares of CACI International in a report on Monday, December 2nd. They issued a "buy" rating and a $557.00 price target for the company. Cantor Fitzgerald initiated coverage on shares of CACI International in a research report on Friday. They set an "overweight" rating and a $535.00 price target for the company. Truist Financial lowered their price target on CACI International from $650.00 to $550.00 and set a "buy" rating on the stock in a report on Friday, November 22nd. Barclays lifted their price objective on CACI International from $610.00 to $625.00 and gave the stock an "overweight" rating in a report on Tuesday, November 12th. Finally, Raymond James reissued an "outperform" rating and issued a $490.00 target price (up previously from $475.00) on shares of CACI International in a report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, one has issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $526.23.

CACI International Trading Up 0.4 %

Shares of CACI traded up $1.34 on Friday, hitting $376.59. 367,340 shares of the stock traded hands, compared to its average volume of 452,476. CACI International Inc has a 1 year low of $350.33 and a 1 year high of $588.26. The stock's 50 day moving average is $418.89 and its two-hundred day moving average is $467.45. The firm has a market capitalization of $8.44 billion, a P/E ratio of 17.66, a P/E/G ratio of 1.09 and a beta of 0.87. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.80.

CACI International (NYSE:CACI - Get Free Report) last released its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 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%. As a group, sell-side analysts predict that CACI International Inc will post 24.41 earnings per share for the current 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.