Janney Montgomery Scott LLC lifted its stake in shares of CACI International Inc (NYSE:CACI – Free Report) by 4.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 5,861 shares of the information technology services provider’s stock after buying an additional 250 shares during the quarter. Janney Montgomery Scott LLC’s holdings in CACI International were worth $2,368,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Marshall Wace LLP acquired a new stake in CACI International during the second quarter worth approximately $1,997,000. UMB Bank n.a. increased its stake in shares of CACI International by 81.4% during the third quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock worth $39,000 after purchasing an additional 35 shares during the period. Wedge Capital Management L L P NC lifted its holdings in CACI International by 4.0% during the 3rd quarter. Wedge Capital Management L L P NC now owns 7,141 shares of the information technology services provider’s stock worth $3,603,000 after purchasing an additional 275 shares during the last quarter. Argent Capital Management LLC acquired a new stake in CACI International during the 3rd quarter worth approximately $208,000. Finally, Nisa Investment Advisors LLC boosted its stake in CACI International by 13.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,328 shares of the information technology services provider’s stock valued at $1,175,000 after purchasing an additional 275 shares during the period. Institutional investors own 86.43% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on CACI. Barclays increased their price objective on CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. Jefferies Financial Group raised shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 price target on the stock in a research report on Thursday, January 16th. Wells Fargo & Company boosted their price objective on shares of CACI International from $503.00 to $536.00 and gave the company an “overweight” rating in a report on Friday, January 24th. Raymond James restated an “outperform” rating and set a $490.00 target price (up previously from $475.00) on shares of CACI International in a research report on Thursday, January 23rd. Finally, StockNews.com downgraded shares of CACI International from a “buy” rating to a “hold” rating in a research report on Saturday, January 25th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $525.50.
CACI International Stock Performance
Shares of NYSE:CACI opened at $386.70 on Friday. CACI International Inc has a 1 year low of $342.01 and a 1 year high of $588.26. The stock has a market capitalization of $8.67 billion, a price-to-earnings ratio of 18.14, a price-to-earnings-growth ratio of 1.12 and a beta of 0.87. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.75. The company’s 50 day simple moving average is $427.20 and its 200 day simple moving average is $469.88.
CACI International (NYSE:CACI – Get Free Report) last issued its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share 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%. As a group, research analysts predict that CACI International Inc will post 24.41 EPS for the current fiscal year.
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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