Vaughan Nelson Investment Management L.P. Sells 11,956 Shares of CACI International Inc (NYSE:CACI)

Vaughan Nelson Investment Management L.P. lowered its holdings in CACI International Inc (NYSE:CACI - Free Report) by 14.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,703 shares of the information technology services provider's stock after selling 11,956 shares during the period. Vaughan Nelson Investment Management L.P. owned approximately 0.31% of CACI International worth $35,169,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Coastline Trust Co purchased a new stake in shares of CACI International during the third quarter worth $45,000. Zions Bancorporation N.A. raised its holdings in shares of CACI International by 17.0% during the third quarter. Zions Bancorporation N.A. now owns 5,056 shares of the information technology services provider's stock worth $2,551,000 after acquiring an additional 736 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. purchased a new stake in shares of CACI International during the third quarter worth $1,955,000. OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in shares of CACI International during the third quarter worth $300,000. Finally, Van ECK Associates Corp raised its holdings in shares of CACI International by 42.5% during the third quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider's stock worth $60,917,000 after acquiring an additional 34,647 shares in the last quarter. Hedge funds and other institutional investors own 86.43% of the company's stock.

Insider Buying and Selling

In other news, EVP J William Koegel, Jr. sold 970 shares of CACI International stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $483.27, for a total value of $468,771.90. Following the completion of the transaction, the executive vice president now owns 22,651 shares in the company, valued at approximately $10,946,548.77. The trade was a 4.11 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Gregory R. Bradford sold 10,000 shares of CACI International stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the completion of the transaction, the insider now owns 35,538 shares of the company's stock, valued at $17,499,266.58. This trade represents a 21.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,270 shares of company stock valued at $10,165,972 over the last three months. 1.35% of the stock is owned by corporate insiders.

CACI International Stock Performance

CACI stock traded down $20.53 during trading on Friday, reaching $470.79. 494,329 shares of the stock were exchanged, compared to its average volume of 183,918. CACI International Inc has a twelve month low of $314.06 and a twelve month high of $588.26. The company has a market capitalization of $10.55 billion, a P/E ratio of 23.33, a price-to-earnings-growth ratio of 1.84 and a beta of 0.91. The stock has a 50 day simple moving average of $518.79 and a 200-day simple moving average of $468.60. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48.

CACI International (NYSE:CACI - Get Free Report) last released its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, topping analysts' consensus estimates of $5.08 by $0.85. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The business had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.92 billion. During the same period last year, the business earned $4.36 earnings per share. The firm's revenue for the quarter was up 11.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that CACI International Inc will post 23.42 earnings per share for the current year.

Analyst Ratings Changes

CACI has been the subject of several recent research reports. TD Cowen increased their price objective on CACI International from $545.00 to $570.00 and gave the stock a "buy" rating in a report on Friday, October 25th. Robert W. Baird increased their price objective on CACI International from $533.00 to $640.00 and gave the stock an "outperform" rating in a report on Friday, October 25th. Wells Fargo & Company raised their target price on CACI International from $525.00 to $577.00 and gave the company an "overweight" rating in a report on Tuesday, October 1st. The Goldman Sachs Group raised their target price on CACI International from $471.00 to $520.00 and gave the company a "neutral" rating in a report on Friday, October 25th. Finally, Barclays raised their target price on CACI International from $610.00 to $625.00 and gave the company an "overweight" rating in a report on Tuesday, November 12th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $547.20.

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.