Amundi trimmed its position in shares of CACI International Inc (NYSE:CACI – Free Report) by 40.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,298 shares of the information technology services provider’s stock after selling 17,206 shares during the period. Amundi’s holdings in CACI International were worth $10,522,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CACI. Cornerstone Investment Partners LLC boosted its position in CACI International by 4.4% in the 4th quarter. Cornerstone Investment Partners LLC now owns 2,017 shares of the information technology services provider’s stock valued at $815,000 after buying an additional 85 shares during the last quarter. AMJ Financial Wealth Management lifted its stake in shares of CACI International by 1.8% in the fourth quarter. AMJ Financial Wealth Management now owns 3,988 shares of the information technology services provider’s stock worth $1,611,000 after acquiring an additional 70 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in CACI International by 452.8% in the fourth quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider’s stock valued at $80,000 after purchasing an additional 163 shares during the last quarter. Bridges Investment Management Inc. grew its stake in CACI International by 18.1% during the 4th quarter. Bridges Investment Management Inc. now owns 1,342 shares of the information technology services provider’s stock valued at $542,000 after purchasing an additional 206 shares in the last quarter. Finally, Amalgamated Bank increased its holdings in CACI International by 2.0% during the 4th quarter. Amalgamated Bank now owns 10,835 shares of the information technology services provider’s stock worth $4,378,000 after purchasing an additional 213 shares during the last quarter. Hedge funds and other institutional investors own 86.43% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have recently commented on CACI shares. Raymond James reissued an “outperform” rating and set a $490.00 price target (up previously from $475.00) on shares of CACI International in a research report on Thursday, January 23rd. William Blair lowered shares of CACI International from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Cantor Fitzgerald raised shares of CACI International to a “strong-buy” rating in a research report on Tuesday, February 25th. UBS Group assumed coverage on shares of CACI International in a research report on Monday, December 2nd. They set a “buy” rating and a $557.00 price target on the stock. Finally, Wells Fargo & Company lowered their price objective on CACI International from $536.00 to $480.00 and set an “overweight” rating for the company in a report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $521.92.
CACI International Trading Up 1.5 %
Shares of NYSE CACI opened at $373.22 on Friday. CACI International Inc has a 12-month low of $318.60 and a 12-month high of $588.26. The company has a market cap of $8.37 billion, a price-to-earnings ratio of 17.51, a price-to-earnings-growth ratio of 1.01 and a beta of 0.88. 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 stock’s 50 day simple moving average is $384.01 and its 200 day simple moving average is $448.51.
CACI International (NYSE:CACI – Get Free Report) last posted its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.28 by $0.67. CACI International had a return on equity of 15.30% and a net margin of 5.90%. Equities research analysts expect that CACI International Inc will post 23.94 EPS for the current year.
Insider Buying and Selling at CACI International
In other CACI International news, Director Debora A. Plunkett sold 309 shares of CACI International stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $363.62, for a total transaction of $112,358.58. Following the sale, the director now owns 2,315 shares of the company’s stock, valued at $841,780.30. The trade was a 11.78 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.35% of the stock is currently owned by company insiders.
About CACI International
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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