M&R Capital Management Inc. Invests $1.09 Million in CACI International Inc (NYSE:CACI)

M&R Capital Management Inc. acquired a new stake in shares of CACI International Inc (NYSE:CACI) during the 1st quarter, Holdings Channel reports. The fund acquired 2,883 shares of the information technology services provider’s stock, valued at approximately $1,092,000.

A number of other hedge funds have also recently bought and sold shares of CACI. Covestor Ltd grew its stake in shares of CACI International by 9.1% during the 3rd quarter. Covestor Ltd now owns 540 shares of the information technology services provider’s stock valued at $170,000 after buying an additional 45 shares during the period. Eagle Bay Advisors LLC grew its position in CACI International by 91.3% during the fourth quarter. Eagle Bay Advisors LLC now owns 132 shares of the information technology services provider’s stock valued at $43,000 after acquiring an additional 63 shares during the period. Essex Financial Services Inc. increased its stake in CACI International by 10.4% during the fourth quarter. Essex Financial Services Inc. now owns 1,059 shares of the information technology services provider’s stock worth $343,000 after acquiring an additional 100 shares during the last quarter. Campbell & CO Investment Adviser LLC raised its holdings in shares of CACI International by 12.7% in the 4th quarter. Campbell & CO Investment Adviser LLC now owns 1,901 shares of the information technology services provider’s stock worth $616,000 after purchasing an additional 214 shares during the period. Finally, Anchor Investment Management LLC acquired a new position in shares of CACI International in the 4th quarter valued at about $152,000. Institutional investors and hedge funds own 86.43% of the company’s stock.

Analysts Set New Price Targets

CACI has been the subject of a number of research analyst reports. TD Cowen increased their target price on shares of CACI International from $400.00 to $435.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. StockNews.com raised shares of CACI International from a “hold” rating to a “buy” rating in a research note on Thursday, April 25th. Robert W. Baird upped their price target on shares of CACI International from $370.00 to $464.00 and gave the stock an “outperform” rating in a research report on Monday, April 8th. Wells Fargo & Company raised their price objective on CACI International from $410.00 to $468.00 and gave the company an “overweight” rating in a research report on Tuesday, April 30th. Finally, Truist Financial upped their target price on CACI International from $385.00 to $410.00 and gave the stock a “buy” rating in a research report on Tuesday, April 9th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, CACI International currently has a consensus rating of “Moderate Buy” and a consensus price target of $415.45.

Insiders Place Their Bets

In related news, CFO Jeffrey D. Maclauchlan sold 1,900 shares of the business’s stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $427.50, for a total value of $812,250.00. Following the completion of the sale, the chief financial officer now directly owns 519 shares of the company’s stock, valued at $221,872.50. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other CACI International news, CFO Jeffrey D. Maclauchlan sold 1,900 shares of the stock in a transaction on Monday, May 13th. The shares were sold at an average price of $427.50, for a total transaction of $812,250.00. Following the sale, the chief financial officer now directly owns 519 shares of the company’s stock, valued at $221,872.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gregory G. Johnson sold 200 shares of CACI International stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $428.19, for a total transaction of $85,638.00. Following the completion of the transaction, the director now directly owns 6,078 shares of the company’s stock, valued at $2,602,538.82. The disclosure for this sale can be found here. Insiders sold a total of 4,100 shares of company stock valued at $1,755,028 in the last ninety days. Corporate insiders own 1.20% of the company’s stock.

CACI International Stock Up 0.1 %

CACI traded up $0.38 on Tuesday, reaching $430.69. The company’s stock had a trading volume of 47,162 shares, compared to its average volume of 117,443. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.28 and a quick ratio of 1.28. CACI International Inc has a 1 year low of $302.21 and a 1 year high of $432.54. The business’s 50 day moving average is $409.04 and its 200 day moving average is $370.07. The stock has a market cap of $9.60 billion, a price-to-earnings ratio of 24.87, a price-to-earnings-growth ratio of 2.01 and a beta of 0.90.

CACI International (NYSE:CACI) last released its earnings results on Wednesday, April 24th. The information technology services provider reported $5.74 EPS for the quarter, beating the consensus estimate of $5.55 by $0.19. The company had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.86 billion. CACI International had a return on equity of 13.80% and a net margin of 5.37%. The business’s revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the business posted $4.92 EPS. As a group, research analysts forecast that CACI International Inc will post 20.35 EPS for the current fiscal year.

CACI International Profile

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.