Arizona State Retirement System lifted its stake in CACI International Inc (NYSE:CACI) by 225.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,382 shares of the information technology services provider’s stock after buying an additional 28,650 shares during the period. Arizona State Retirement System owned about 0.17% of CACI International worth $5,477,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in the stock. Ferguson Wellman Capital Management Inc. acquired a new stake in shares of CACI International in the 4th quarter valued at $10,834,000. State Street Corp boosted its position in shares of CACI International by 3.6% in the 2nd quarter. State Street Corp now owns 601,924 shares of the information technology services provider’s stock worth $75,282,000 after purchasing an additional 21,125 shares during the last quarter. James Investment Research Inc. boosted its position in shares of CACI International by 1,072.7% in the 4th quarter. James Investment Research Inc. now owns 12,900 shares of the information technology services provider’s stock worth $1,707,000 after purchasing an additional 11,800 shares during the last quarter. First Quadrant L P CA boosted its position in shares of CACI International by 46.4% in the 4th quarter. First Quadrant L P CA now owns 19,930 shares of the information technology services provider’s stock worth $2,638,000 after purchasing an additional 6,321 shares during the last quarter. Finally, Pinebridge Investments L.P. boosted its position in shares of CACI International by 21.3% in the 4th quarter. Pinebridge Investments L.P. now owns 35,854 shares of the information technology services provider’s stock worth $4,745,000 after purchasing an additional 6,300 shares during the last quarter. 87.04% of the stock is owned by hedge funds and other institutional investors.
CACI International Inc (NYSE:CACI) opened at $151.55 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.55 and a current ratio of 1.55. The firm has a market capitalization of $3,701.57, a PE ratio of 21.35, a price-to-earnings-growth 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.
CACI International (NYSE:CACI) last posted its earnings results on Wednesday, January 31st. The information technology services provider reported $2.00 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.29 by ($0.29). The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.08 billion. CACI International had a return on equity of 9.64% and a net margin of 6.13%. The business’s revenue was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.69 earnings per share. equities analysts predict that CACI International Inc will post 11.14 EPS for the current year.
CACI has been the topic of several recent research reports. Credit Suisse Group lowered CACI International from an “outperform” rating to a “neutral” rating in a research report on Friday, January 12th. Zacks Investment Research lowered CACI International from a “hold” rating to a “sell” rating in a research report on Friday, November 3rd. Noble Financial upgraded CACI International from a “hold” rating to a “buy” rating in a research report on Friday, November 3rd. BidaskClub lowered CACI International from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. Finally, Loop Capital raised their price target on CACI International to $140.00 in a research report on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $152.55.
In other CACI International news, CFO Thomas A. Mutryn sold 4,743 shares of CACI International stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $150.00, for a total transaction of $711,450.00. Following the transaction, the chief financial officer now directly owns 37,555 shares in the company, valued at $5,633,250. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Gregory G. Johnson sold 300 shares of CACI International stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $149.97, for a total value of $44,991.00. Following the transaction, the director now owns 4,769 shares in the company, valued at $715,206.93. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 16,294 shares of company stock worth $2,388,412. Corporate insiders own 1.44% of the company’s stock.
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About CACI International
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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