CIBC Private Wealth Group LLC Acquires 567 Shares of CACI International Inc (NYSE:CACI)

CIBC Private Wealth Group LLC raised its stake in shares of CACI International Inc (NYSE:CACI) by 95.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,162 shares of the information technology services provider’s stock after purchasing an additional 567 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in CACI International were worth $483,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in CACI. UMB Bank n.a. grew its position in 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 worth $43,000 after purchasing an additional 29 shares during the period. GAMMA Investing LLC grew its holdings in shares of CACI International by 69.4% in the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock worth $49,000 after acquiring an additional 50 shares during the period. AMJ Financial Wealth Management increased its position in CACI International by 1.8% during the fourth quarter. AMJ Financial Wealth Management now owns 3,988 shares of the information technology services provider’s stock valued at $1,611,000 after acquiring an additional 70 shares during the last quarter. Kendall Capital Management lifted its holdings in CACI International by 6.2% in the fourth quarter. Kendall Capital Management now owns 1,294 shares of the information technology services provider’s stock valued at $523,000 after acquiring an additional 75 shares during the period. Finally, Captrust Financial Advisors boosted its position in CACI International by 10.2% in the third quarter. Captrust Financial Advisors now owns 823 shares of the information technology services provider’s stock worth $415,000 after purchasing an additional 76 shares during the last quarter. 86.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Cantor Fitzgerald raised shares of CACI International to a “strong-buy” rating in a research report on Tuesday, February 25th. The Goldman Sachs Group downgraded shares of CACI International from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $540.00 to $373.00 in a research report on Thursday, December 12th. StockNews.com lowered CACI International from a “buy” rating to a “hold” rating in a research note on Saturday, January 25th. Robert W. Baird reiterated an “outperform” rating and set a $640.00 target price on shares of CACI International in a research report on Tuesday, December 17th. Finally, TD Cowen reduced their price target on CACI International from $610.00 to $480.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $517.31.

Insiders Place Their Bets

In other CACI International news, Director Debora A. Plunkett sold 309 shares of CACI International stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total value of $112,358.58. Following the completion of the transaction, the director now directly owns 2,315 shares of the company’s stock, valued at $841,780.30. This trade represents a 11.78 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 1.35% of the company’s stock.

CACI International Stock Performance

CACI opened at $386.46 on Friday. 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 stock has a market capitalization of $8.66 billion, a price-to-earnings ratio of 18.13, a PEG ratio of 1.01 and a beta of 0.78. The company has a fifty day moving average of $366.67 and a 200 day moving average of $438.21. 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 issued 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%. As a group, sell-side analysts forecast that CACI International Inc will post 23.94 earnings per share 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.