Segall Bryant & Hamill LLC lowered its holdings in shares of CACI International Inc (NYSE:CACI – Free Report) by 42.3% during the fourth quarter, HoldingsChannel reports. The firm owned 39,067 shares of the information technology services provider’s stock after selling 28,673 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in CACI International were worth $15,785,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Van ECK Associates Corp increased its holdings in CACI International by 35.2% during the 4th quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider’s stock worth $63,477,000 after purchasing an additional 40,867 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of CACI International by 5.0% during the third quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock worth $243,386,000 after buying an additional 22,823 shares during the period. River Road Asset Management LLC bought a new position in shares of CACI International during the fourth quarter worth about $8,585,000. BNP Paribas Financial Markets raised its position in CACI International by 37.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock valued at $29,745,000 after buying an additional 15,961 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH raised its position in CACI International by 36.4% in the 4th 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 buying an additional 14,141 shares during the last quarter. Institutional investors own 86.43% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the stock. Cantor Fitzgerald raised shares of CACI International to a “strong-buy” rating in a research note on Tuesday, February 25th. Wells Fargo & Company decreased their target price on shares of CACI International from $536.00 to $480.00 and set an “overweight” rating for the company in a research report on Wednesday, February 26th. Robert W. Baird reissued an “outperform” rating and set a $640.00 price target on shares of CACI International in a research report on Tuesday, December 17th. William Blair cut CACI International from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Finally, The Goldman Sachs Group lowered 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 report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $517.31.
CACI International Stock Performance
NYSE:CACI opened at $373.72 on Wednesday. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.80. The stock has a market cap of $8.38 billion, a P/E ratio of 17.53, a PEG ratio of 1.01 and a beta of 0.88. The stock has a 50 day simple moving average of $377.33 and a 200 day simple moving average of $443.10. CACI International Inc has a 1-year low of $318.60 and a 1-year high of $588.26.
CACI International (NYSE:CACI – Get Free Report) last released its quarterly earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS 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%. Research analysts anticipate that CACI International Inc will post 23.94 earnings per share for the current year.
Insider Transactions at CACI International
In related news, Director Debora A. Plunkett sold 309 shares of the business’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $363.62, for a total value of $112,358.58. Following the completion of the sale, the director now directly owns 2,315 shares in the company, valued at approximately $841,780.30. The trade was a 11.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 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.
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