Public Employees Retirement System of Ohio increased its holdings in Caci International Inc (NYSE:CACI) by 46.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,878 shares of the information technology services provider’s stock after purchasing an additional 9,131 shares during the quarter. Public Employees Retirement System of Ohio owned approximately 0.12% of Caci International worth $6,263,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CACI. FDx Advisors Inc. bought a new position in Caci International during the 1st quarter worth approximately $340,000. GW&K Investment Management LLC grew its position in shares of Caci International by 5,693.5% during the 1st quarter. GW&K Investment Management LLC now owns 110,830 shares of the information technology services provider’s stock valued at $23,402,000 after acquiring an additional 108,917 shares during the period. Strs Ohio increased its stake in shares of Caci International by 207.5% in the 2nd quarter. Strs Ohio now owns 71,600 shares of the information technology services provider’s stock worth $15,528,000 after purchasing an additional 48,319 shares in the last quarter. Colony Group LLC bought a new position in Caci International in the 1st quarter worth $8,989,000. Finally, Portolan Capital Management LLC purchased a new position in Caci International during the first quarter valued at $8,310,000.
In related news, CFO Thomas A. Mutryn sold 4,991 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $227.50, for a total transaction of $1,135,452.50. Following the sale, the chief financial officer now owns 36,496 shares of the company’s stock, valued at $8,302,840. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director William S. Wallace sold 163 shares of Caci International stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $210.65, for a total transaction of $34,335.95. Following the completion of the transaction, the director now directly owns 10,220 shares in the company, valued at approximately $2,152,843. The disclosure for this sale can be found here. Corporate insiders own 1.38% of the company’s stock.
Caci International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, August 12th. The information technology services provider reported $3.68 EPS for the quarter, topping analysts’ consensus estimates of $3.44 by $0.24. Caci International had a net margin of 5.62% and a return on equity of 12.66%. On average, analysts forecast that Caci International Inc will post 14.05 earnings per share for the current year.
A number of research firms have recently weighed in on CACI. Morgan Stanley lifted their price objective on Caci International from $251.00 to $253.00 and gave the company an “equal weight” rating in a research report on Monday, August 24th. Credit Suisse Group restated a “buy” rating on shares of Caci International in a research report on Thursday, August 13th. Bank of America upped their target price on shares of Caci International from $300.00 to $325.00 and gave the stock a “buy” rating in a report on Monday, August 17th. ValuEngine downgraded Caci International from a “hold” rating to a “sell” rating in a research report on Thursday, July 2nd. Finally, Raymond James cut Caci International from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $282.57.
Caci International Profile
CACI International Inc, together with its subsidiaries, provides information solutions and services in North America and internationally. The company offers business systems solutions in the areas of financial, human capital, asset and materials, and administrative management; develops, integrates, and operates command and control solutions; and develops and integrates solutions that deliver multi-level unified communications from the enterprise directly to and from the tactical edge.
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