Jones Financial Companies Lllp Grows Stake in CACI International Inc (NYSE:CACI)

Jones Financial Companies Lllp raised its stake in shares of CACI International Inc (NYSE:CACI) by 452.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 199 shares of the information technology services provider’s stock after acquiring an additional 163 shares during the quarter. Jones Financial Companies Lllp’s holdings in CACI International were worth $80,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Bridges Investment Management Inc. lifted its position in CACI International by 18.1% during the 4th quarter. Bridges Investment Management Inc. now owns 1,342 shares of the information technology services provider’s stock worth $542,000 after acquiring an additional 206 shares during the period. Amalgamated Bank increased its stake in shares of CACI International by 2.0% in the 4th quarter. Amalgamated Bank now owns 10,835 shares of the information technology services provider’s stock valued at $4,378,000 after purchasing an additional 213 shares in the last quarter. Bank of New York Mellon Corp increased its stake in CACI International by 1.2% during the 4th quarter. Bank of New York Mellon Corp now owns 429,256 shares of the information technology services provider’s stock worth $173,445,000 after buying an additional 5,248 shares in the last quarter. Leuthold Group LLC purchased a new stake in CACI International during the 4th quarter worth approximately $2,647,000. Finally, Valley Wealth Managers Inc. increased its stake in CACI International by 0.5% during the 4th quarter. Valley Wealth Managers Inc. now owns 45,031 shares of the information technology services provider’s stock worth $18,195,000 after buying an additional 210 shares in the last quarter. Institutional investors own 86.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on CACI. Raymond James restated an “outperform” rating and set a $490.00 target price (up from $475.00) on shares of CACI International in a report on Thursday, January 23rd. Jefferies Financial Group raised CACI International from a “hold” rating to a “buy” rating and set a $515.00 target price on the stock in a research report on Thursday, January 16th. Truist Financial cut their price objective on CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Friday, November 22nd. UBS Group assumed coverage on CACI International in a report on Monday, December 2nd. They issued a “buy” rating and a $557.00 target price on the stock. Finally, StockNews.com lowered CACI International from a “buy” rating to a “hold” rating in a report on Saturday, January 25th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $521.92.

CACI International Stock Performance

NYSE:CACI opened at $373.22 on Monday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52. The firm has a 50-day moving average of $384.01 and a two-hundred day moving average of $448.10. The stock has a market cap of $8.37 billion, a P/E ratio of 17.51, a PEG ratio of 1.01 and a beta of 0.88. CACI International Inc has a 1-year low of $318.60 and a 1-year high of $588.26.

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, beating analysts’ consensus estimates of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. On average, research analysts expect that CACI International Inc will post 23.94 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Debora A. Plunkett sold 309 shares of the company’s stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total value of $112,358.58. Following the sale, the director now owns 2,315 shares in the company, valued at approximately $841,780.30. This represents a 11.78 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.35% of the company’s stock.

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.