Coastline Trust Co Makes New Investment in CACI International Inc (NYSE:CACI)

Coastline Trust Co purchased a new stake in CACI International Inc (NYSE:CACI) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 90 shares of the information technology services provider’s stock, valued at approximately $45,000.

Other institutional investors have also recently bought and sold shares of the company. Kennedy Capital Management LLC lifted its stake in shares of CACI International by 39.9% in the 1st quarter. Kennedy Capital Management LLC now owns 8,276 shares of the information technology services provider’s stock valued at $3,135,000 after purchasing an additional 2,359 shares during the period. Comerica Bank boosted its holdings in CACI International by 13.4% during the first quarter. Comerica Bank now owns 11,609 shares of the information technology services provider’s stock worth $4,398,000 after buying an additional 1,372 shares during the last quarter. Lazard Asset Management LLC acquired a new position in shares of CACI International during the 1st quarter worth about $653,000. Bridges Investment Management Inc. acquired a new position in shares of CACI International during the 2nd quarter worth about $489,000. Finally, Farther Finance Advisors LLC increased its stake in shares of CACI International by 286.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,302 shares of the information technology services provider’s stock valued at $657,000 after acquiring an additional 965 shares during the last quarter. Institutional investors own 86.43% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on CACI. TD Cowen upped their target price on shares of CACI International from $545.00 to $570.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Truist Financial restated a “buy” rating and issued a $650.00 price objective (up previously from $520.00) on shares of CACI International in a research report on Friday, October 25th. Wells Fargo & Company raised their price objective on CACI International from $525.00 to $577.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 1st. The Goldman Sachs Group boosted their target price on CACI International from $471.00 to $520.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Finally, Raymond James lowered CACI International from an “outperform” rating to a “market perform” rating in a research report on Monday, August 5th. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $547.20.

CACI International Stock Down 4.2 %

Shares of NYSE:CACI opened at $470.79 on Monday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.75 and a current ratio of 1.75. CACI International Inc has a 52-week low of $314.06 and a 52-week high of $588.26. The company has a market capitalization of $10.55 billion, a PE ratio of 23.33, a price-to-earnings-growth ratio of 1.84 and a beta of 0.91. The company has a fifty day moving average of $518.79 and a 200-day moving average of $469.03.

CACI International (NYSE:CACI) last posted its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, topping analysts’ consensus estimates of $5.08 by $0.85. The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.92 billion. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The company’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.36 EPS. On average, equities analysts predict that CACI International Inc will post 23.42 EPS for the current fiscal year.

Insider Activity

In related news, EVP J William Koegel, Jr. sold 970 shares of the stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $483.27, for a total transaction of $468,771.90. Following the transaction, the executive vice president now directly owns 22,651 shares of the company’s stock, valued at $10,946,548.77. This represents a 4.11 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Gregory R. Bradford sold 10,000 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $492.41, for a total value of $4,924,100.00. Following the completion of the sale, the insider now owns 35,538 shares of the company’s stock, valued at approximately $17,499,266.58. This represents a 21.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,270 shares of company stock valued at $5,534,172. 1.35% of the stock is currently owned by insiders.

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.