CACI International Inc (NYSE:CACI) Shares Purchased by Van ECK Associates Corp

Van ECK Associates Corp boosted its stake in shares of CACI International Inc (NYSE:CACI) by 35.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 157,098 shares of the information technology services provider’s stock after buying an additional 40,867 shares during the period. Van ECK Associates Corp owned 0.70% of CACI International worth $63,477,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in CACI. First Horizon Advisors Inc. raised its holdings in shares of CACI International by 40.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock worth $32,000 after acquiring an additional 18 shares during the period. UMB Bank n.a. increased 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 worth $43,000 after purchasing an additional 29 shares during the last quarter. Coastline Trust Co purchased a new position in CACI International during the third quarter worth about $45,000. GAMMA Investing LLC boosted its holdings in CACI International by 69.4% in the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock valued at $49,000 after purchasing an additional 50 shares during the last quarter. Finally, Rosenberg Matthew Hamilton grew its stake in shares of CACI International by 9.8% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock valued at $107,000 after buying an additional 19 shares during the period. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

CACI International Stock Down 4.0 %

Shares of NYSE CACI opened at $341.54 on Friday. The firm has a market cap of $7.66 billion, a price-to-earnings ratio of 16.02, a PEG ratio of 1.09 and a beta of 0.87. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.80. CACI International Inc has a 52-week low of $337.70 and a 52-week high of $588.26. The business’s 50 day moving average is $411.28 and its two-hundred day moving average is $464.85.

CACI International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share for the quarter, topping analysts’ consensus estimates of $5.28 by $0.67. CACI International had a return on equity of 15.30% and a net margin of 5.90%. Research analysts predict that CACI International Inc will post 24.41 EPS for the current year.

Wall Street Analysts Forecast Growth

CACI has been the topic of several analyst reports. StockNews.com lowered shares of CACI International from a “buy” rating to a “hold” rating in a research report on Saturday, January 25th. Truist Financial reduced their price target on shares of CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Friday, November 22nd. Cantor Fitzgerald initiated coverage on shares of CACI International in a research report on Friday, February 7th. They set an “overweight” rating and a $535.00 price target on the stock. UBS Group initiated coverage on shares of CACI International in a research report on Monday, December 2nd. They set a “buy” rating and a $557.00 price target on the stock. Finally, Barclays lifted their price target on shares of CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a research report on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, CACI International presently has a consensus rating of “Moderate Buy” and a consensus target price of $526.23.

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.