Ramirez Asset Management Inc. Has $1.01 Million Position in CACI International Inc (NYSE:CACI)

Ramirez Asset Management Inc. grew its holdings in CACI International Inc (NYSE:CACI) by 287.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,490 shares of the information technology services provider’s stock after acquiring an additional 1,847 shares during the period. Ramirez Asset Management Inc.’s holdings in CACI International were worth $1,006,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. UMB Bank n.a. grew its stake in shares of CACI International by 37.2% in the 4th quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock valued at $43,000 after purchasing an additional 29 shares during the period. GAMMA Investing LLC grew its position in CACI International by 69.4% in the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock valued at $49,000 after acquiring an additional 50 shares during the period. VSM Wealth Advisory LLC acquired a new position in CACI International during the fourth quarter worth $69,000. Jones Financial Companies Lllp lifted its holdings in shares of CACI International by 452.8% during the fourth quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider’s stock valued at $80,000 after acquiring an additional 163 shares during the period. Finally, TD Private Client Wealth LLC boosted its stake in shares of CACI International by 49.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 252 shares of the information technology services provider’s stock valued at $127,000 after purchasing an additional 83 shares in the last quarter. Institutional investors own 86.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on CACI shares. UBS Group began coverage on CACI International in a report on Monday, December 2nd. They set a “buy” rating and a $557.00 target price on the stock. The Goldman Sachs Group downgraded shares of CACI International from a “neutral” rating to a “sell” rating and dropped their target price for the stock from $540.00 to $373.00 in a research note on Thursday, December 12th. TD Cowen decreased their price target on shares of CACI International from $610.00 to $480.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Jefferies Financial Group lowered their price objective on CACI International from $520.00 to $455.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, StockNews.com cut shares of CACI International from a “buy” rating to a “hold” rating in a research report on Saturday, January 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, CACI International has a consensus rating of “Moderate Buy” and a consensus price target of $517.31.

CACI International Stock Up 0.8 %

Shares of CACI International stock opened at $375.80 on Friday. The firm has a market cap of $8.43 billion, a PE ratio of 17.63, a P/E/G ratio of 1.01 and a beta of 0.88. CACI International Inc has a 52-week low of $318.60 and a 52-week high of $588.26. The business’s 50 day simple moving average is $374.30 and its 200 day simple moving average is $442.15. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.52 and a current ratio of 1.52.

CACI International (NYSE:CACI) last released 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%. On average, analysts predict that CACI International Inc will post 23.94 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Debora A. Plunkett sold 309 shares of the company’s stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total value of $112,358.58. Following the transaction, the director now owns 2,315 shares in the company, valued at approximately $841,780.30. This represents a 11.78 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.35% of the company’s stock.

CACI International 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.