Public Employees Retirement System of Ohio Reduces Stake in CACI International Inc (NYSE:CACI)

Public Employees Retirement System of Ohio lowered its stake in CACI International Inc (NYSE:CACI) by 8.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,642 shares of the information technology services provider’s stock after selling 810 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in CACI International were worth $4,360,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of CACI. Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of CACI International by 1.7% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 340,880 shares of the information technology services provider’s stock valued at $146,623,000 after acquiring an additional 5,610 shares during the period. Van ECK Associates Corp grew its position in shares of CACI International by 42.5% during the 3rd quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider’s stock valued at $60,917,000 after purchasing an additional 34,647 shares in the last quarter. Segall Bryant & Hamill LLC increased its holdings in shares of CACI International by 3.7% in the third quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider’s stock worth $34,179,000 after purchasing an additional 2,396 shares during the period. BNP Paribas Financial Markets raised its position 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 worth $29,745,000 after buying an additional 15,961 shares in the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC boosted its stake in CACI International by 26.7% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 48,923 shares of the information technology services provider’s stock valued at $21,043,000 after buying an additional 10,295 shares during the period. 86.43% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other CACI International news, insider Gregory R. Bradford sold 10,000 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $492.41, for a total value of $4,924,100.00. Following the completion of the sale, the insider now owns 35,538 shares in the company, valued at approximately $17,499,266.58. This trade represents a 21.96 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Barclays raised their price target on CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a report on Tuesday, November 12th. UBS Group began coverage on shares of CACI International in a research note on Monday, December 2nd. They issued a “buy” rating and a $557.00 target price on the stock. Bank of America boosted their price target on shares of CACI International from $535.00 to $555.00 and gave the stock a “buy” rating in a research note on Tuesday, September 17th. JPMorgan Chase & Co. raised their price objective on shares of CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research report on Wednesday, October 2nd. Finally, TD Cowen upped their target price on shares of CACI International from $545.00 to $570.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $524.45.

CACI International Trading Down 1.0 %

NYSE CACI opened at $409.91 on Friday. The stock has a 50-day moving average of $502.96 and a 200-day moving average of $472.43. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48. CACI International Inc has a 1-year low of $314.06 and a 1-year high of $588.26. The firm has a market cap of $9.19 billion, a PE ratio of 20.31, a price-to-earnings-growth ratio of 1.33 and a beta of 0.85.

CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, beating analysts’ consensus estimates of $5.08 by $0.85. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The firm had revenue of $2.06 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same quarter in the prior year, the firm posted $4.36 earnings per share. The business’s quarterly revenue was up 11.2% compared to the same quarter last year. As a group, sell-side analysts forecast that CACI International Inc will post 23.45 EPS for the current year.

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.