CACI International Inc (NYSE:CACI) Shares Bought by Wedge Capital Management L L P NC

Wedge Capital Management L L P NC raised its stake in shares of CACI International Inc (NYSE:CACI - Free Report) by 16.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,285 shares of the information technology services provider's stock after acquiring an additional 1,144 shares during the period. Wedge Capital Management L L P NC's holdings in CACI International were worth $3,348,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in CACI. Geode Capital Management LLC raised its holdings in shares of 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 buying an additional 22,823 shares during the period. Barrow Hanley Mewhinney & Strauss LLC increased its stake in CACI International by 1.7% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 340,880 shares of the information technology services provider's stock worth $146,623,000 after purchasing an additional 5,610 shares during the period. Van ECK Associates Corp lifted its position 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 purchasing an additional 34,647 shares in the last quarter. Segall Bryant & Hamill LLC boosted its stake in shares of CACI International by 3.7% in the third quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider's stock valued at $34,179,000 after purchasing an additional 2,396 shares during the period. Finally, BNP Paribas Financial Markets boosted its stake in shares of CACI International by 37.1% in the third quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider's stock valued at $29,745,000 after purchasing an additional 15,961 shares during the period. 86.43% of the stock is owned by hedge funds and other institutional investors.

CACI International Stock Performance

Shares of CACI International stock opened at $452.43 on Monday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.48. CACI International Inc has a 52 week low of $326.60 and a 52 week high of $588.26. The firm's 50 day moving average is $442.22 and its two-hundred day moving average is $471.10. The firm has a market capitalization of $10.14 billion, a P/E ratio of 22.42, a P/E/G ratio of 1.31 and a beta of 0.87.

CACI International (NYSE:CACI - Get Free Report) last posted its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, beating analysts' consensus estimates of $5.08 by $0.85. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The firm 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 firm posted $4.36 EPS. The company's revenue was up 11.2% on a year-over-year basis. Research analysts forecast that CACI International Inc will post 23.88 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CACI has been the topic of a number of research reports. Wells Fargo & Company reduced their target price on shares of CACI International from $564.00 to $503.00 and set an "overweight" rating on the stock in a report on Wednesday, January 8th. Jefferies Financial Group upgraded CACI International from a "hold" rating to a "buy" rating and set a $515.00 price objective on the stock in a research note on Thursday. UBS Group assumed coverage on CACI International in a research note on Monday, December 2nd. They set a "buy" rating and a $557.00 target price for the company. Raymond James upgraded CACI International from a "market perform" rating to an "outperform" rating and set a $475.00 price target on the stock in a report on Thursday, January 2nd. Finally, StockNews.com upgraded CACI International from a "hold" rating to a "buy" rating in a research note on Friday. One investment analyst has rated the stock with a sell rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, CACI International presently has an average rating of "Moderate Buy" and an average target price of $521.50.

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.