CACI International Inc (NYSE:CACI) Stock Position Lifted by Ramirez Asset Management Inc.

Ramirez Asset Management Inc. grew its holdings in shares of CACI International Inc (NYSE:CACI) by 287.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,490 shares of the information technology services provider’s stock after purchasing an additional 1,847 shares during the period. Ramirez Asset Management Inc.’s holdings in CACI International were worth $1,006,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Van ECK Associates Corp raised its position in shares of 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 buying an additional 40,867 shares in the last quarter. Geode Capital Management LLC boosted its stake in CACI International by 5.0% during the 3rd quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock valued at $243,386,000 after purchasing an additional 22,823 shares in the last quarter. River Road Asset Management LLC bought a new stake in shares of CACI International in the 4th quarter worth $8,585,000. BNP Paribas Financial Markets lifted its holdings in shares of CACI International by 37.1% in the third 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 period. Finally, Fort Washington Investment Advisors Inc. OH grew its holdings 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 worth $21,417,000 after acquiring an additional 14,141 shares during the period. 86.43% of the stock is currently owned by institutional investors.

Insider Activity at CACI International

In related news, Director Debora A. Plunkett sold 309 shares of the business’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total transaction of $112,358.58. Following the transaction, the director now owns 2,315 shares of the company’s stock, 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 legal filing with the SEC, which is available through this hyperlink. 1.35% of the stock is owned by corporate insiders.

CACI International Trading Up 0.8 %

Shares of CACI stock opened at $375.80 on Friday. CACI International Inc has a 12 month low of $318.60 and a 12 month high of $588.26. The company has a market cap of $8.43 billion, a PE ratio of 17.63, a price-to-earnings-growth ratio of 1.01 and a beta of 0.88. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.80. The business’s 50 day moving average is $374.30 and its two-hundred day moving average is $442.15.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS for the quarter, topping 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%. Equities analysts predict that CACI International Inc will post 23.94 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. William Blair downgraded shares of CACI International from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Wells Fargo & Company reduced their target price on shares of CACI International from $536.00 to $480.00 and set an “overweight” rating for the company in a report on Wednesday, February 26th. The Goldman Sachs Group cut CACI International from a “neutral” rating to a “sell” rating and dropped their price target for the company from $540.00 to $373.00 in a report on Thursday, December 12th. TD Cowen reduced their price objective on CACI International from $610.00 to $480.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. 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 investment analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $517.31.

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.