Trust Point Inc. Takes $457,000 Position in CACI International Inc (NYSE:CACI)

Trust Point Inc. acquired a new stake in shares of CACI International Inc (NYSE:CACI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,132 shares of the information technology services provider’s stock, valued at approximately $457,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Running Oak Capital LLC lifted its position in CACI International by 8.9% during the fourth quarter. Running Oak Capital LLC now owns 31,139 shares of the information technology services provider’s stock valued at $12,582,000 after purchasing an additional 2,533 shares during the period. Janney Montgomery Scott LLC lifted its position in CACI International by 4.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 5,861 shares of the information technology services provider’s stock valued at $2,368,000 after purchasing an additional 250 shares during the period. SG Americas Securities LLC lifted its position in CACI International by 60.7% during the fourth quarter. SG Americas Securities LLC now owns 956 shares of the information technology services provider’s stock valued at $386,000 after purchasing an additional 361 shares during the period. Fort Washington Investment Advisors Inc. OH lifted its position in CACI International by 36.4% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 53,005 shares of the information technology services provider’s stock valued at $21,417,000 after purchasing an additional 14,141 shares during the period. Finally, UMB Bank n.a. lifted its position in CACI International by 37.2% during the fourth 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. Institutional investors own 86.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CACI. Raymond James restated an “outperform” rating and set a $490.00 price objective (up previously from $475.00) on shares of CACI International in a research report on Thursday, January 23rd. 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 report on Wednesday, January 8th. Jefferies Financial Group upgraded shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 price target on the stock in a research report on Thursday, January 16th. Barclays increased their price target on shares of CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. Finally, StockNews.com downgraded shares of CACI International from a “buy” rating to a “hold” rating in a research report on Saturday, January 25th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $525.50.

CACI International Stock Down 1.6 %

Shares of CACI stock opened at $380.02 on Thursday. The company has a market capitalization of $8.52 billion, a price-to-earnings ratio of 17.82, a PEG ratio of 1.12 and a beta of 0.87. CACI International Inc has a one year low of $345.77 and a one year high of $588.26. The company’s fifty day moving average price is $422.29 and its 200-day moving average price is $468.57. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52.

CACI International (NYSE:CACI) last posted its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share for the quarter, beating the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. Sell-side analysts expect that CACI International Inc will post 24.41 EPS for the current fiscal year.

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.