Farther Finance Advisors LLC Lowers Position in CACI International Inc (NYSE:CACI)

Farther Finance Advisors LLC trimmed its position in shares of CACI International Inc (NYSE:CACI) by 20.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,041 shares of the information technology services provider’s stock after selling 261 shares during the quarter. Farther Finance Advisors LLC’s holdings in CACI International were worth $421,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of CACI. Van ECK Associates Corp lifted its position in shares of CACI International by 35.2% during the fourth quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider’s stock valued at $63,477,000 after buying an additional 40,867 shares during the last quarter. Geode Capital Management LLC increased its holdings in 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 worth $243,386,000 after buying an additional 22,823 shares during the period. River Road Asset Management LLC acquired a new position in CACI International in the 4th quarter worth approximately $8,585,000. BNP Paribas Financial Markets grew its stake in shares of CACI International by 37.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock worth $29,745,000 after purchasing an additional 15,961 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH grew its stake in shares of CACI International by 36.4% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 53,005 shares of the information technology services provider’s stock worth $21,417,000 after purchasing an additional 14,141 shares during the period. 86.43% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at CACI International

In other 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 transaction, the director now owns 2,315 shares in the company, valued at $841,780.30. The trade was a 11.78 % decrease in their position. The transaction 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 insiders.

CACI International Trading Up 1.5 %

Shares of CACI stock opened at $373.22 on Monday. The stock’s fifty day moving average is $384.01 and its two-hundred day moving average is $448.10. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.52 and a current ratio of 1.52. The firm has a market capitalization of $8.37 billion, a P/E ratio of 17.51, a PEG ratio of 1.01 and a beta of 0.88. CACI International Inc has a fifty-two week low of $318.60 and a fifty-two week high of $588.26.

CACI International (NYSE:CACI) last announced its quarterly earnings data 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%. Research analysts expect that CACI International Inc will post 23.94 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Robert W. Baird reaffirmed an “outperform” rating and set a $640.00 price objective on shares of CACI International in a research note on Tuesday, December 17th. William Blair cut shares of CACI International from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. Jefferies Financial Group raised shares of 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, January 16th. Cantor Fitzgerald raised shares of CACI International to a “strong-buy” rating in a research note on Tuesday, February 25th. Finally, Truist Financial dropped their price objective on shares of CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a research note on Friday, November 22nd. 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’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $521.92.

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.