Comerica Bank lowered its holdings in shares of CACI International Inc (NYSE:CACI) by 1.9% during the fourth quarter, HoldingsChannel reports. The firm owned 25,632 shares of the information technology services provider’s stock after selling 495 shares during the period. Comerica Bank’s holdings in CACI International were worth $3,531,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in CACI. Bessemer Group Inc. bought a new position in shares of CACI International during the 4th quarter valued at $225,000. Wedge Capital Management L L P NC raised its holdings in shares of CACI International by 18.3% during the 4th quarter. Wedge Capital Management L L P NC now owns 3,165 shares of the information technology services provider’s stock valued at $419,000 after purchasing an additional 490 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of CACI International by 166.5% during the 3rd quarter. SG Americas Securities LLC now owns 4,797 shares of the information technology services provider’s stock valued at $668,000 after purchasing an additional 2,997 shares in the last quarter. Cigna Investments Inc. New raised its holdings in shares of CACI International by 68.1% during the 4th quarter. Cigna Investments Inc. New now owns 5,579 shares of the information technology services provider’s stock valued at $738,000 after purchasing an additional 2,261 shares in the last quarter. Finally, Crossmark Global Holdings Inc. bought a new position in shares of CACI International during the 3rd quarter valued at $785,000. Institutional investors and hedge funds own 88.27% of the company’s stock.
In other news, Director J Phillip London sold 11,161 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $145.00, for a total transaction of $1,618,345.00. Following the transaction, the director now owns 75,000 shares in the company, valued at approximately $10,875,000. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Gregory G. Johnson sold 300 shares of the business’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $149.97, for a total transaction of $44,991.00. Following the transaction, the director now owns 4,769 shares in the company, valued at approximately $715,206.93. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 16,294 shares of company stock worth $2,388,412. Insiders own 1.44% of the company’s stock.
CACI International Inc (NYSE:CACI) opened at $150.15 on Friday. The company has a market cap of $3,697.89, a price-to-earnings ratio of 21.33, a P/E/G ratio of 1.35 and a beta of 1.63. CACI International Inc has a twelve month low of $112.10 and a twelve month high of $159.40. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.54.
CACI International (NYSE:CACI) last announced its earnings results on Wednesday, January 31st. The information technology services provider reported $2.00 EPS for the quarter, missing the consensus estimate of $2.29 by ($0.29). CACI International had a return on equity of 9.64% and a net margin of 6.13%. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter last year, the business earned $1.69 EPS. The business’s revenue was up 2.9% compared to the same quarter last year. analysts expect that CACI International Inc will post 11.14 earnings per share for the current fiscal year.
A number of research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of CACI International from a “hold” rating to a “buy” rating and set a $160.00 price target on the stock in a report on Tuesday, February 6th. Noble Financial downgraded shares of CACI International to a “hold” rating in a report on Friday, February 2nd. They noted that the move was a valuation call. SunTrust Banks reiterated a “hold” rating and issued a $155.00 target price on shares of CACI International in a report on Friday, February 2nd. ValuEngine upgraded shares of CACI International from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Finally, Jefferies Group reiterated a “buy” rating and issued a $168.00 target price on shares of CACI International in a report on Thursday, February 1st. One analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the stock. CACI International has a consensus rating of “Buy” and an average price target of $152.55.
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CACI International Company Profile
CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.
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