Jefferies Financial Group Cuts CACI International (NYSE:CACI) Price Target to $455.00

CACI International (NYSE:CACI) had its price target decreased by Jefferies Financial Group from $520.00 to $455.00 in a report released on Tuesday morning,Benzinga reports. Jefferies Financial Group currently has a buy rating on the information technology services provider’s stock.

A number of other brokerages also recently commented on CACI. UBS Group initiated coverage on CACI International in a report on Monday, December 2nd. They issued a “buy” rating and a $557.00 price target for the company. Robert W. Baird reiterated an “outperform” rating and set a $640.00 target price on shares of CACI International in a research note on Tuesday, December 17th. Wells Fargo & Company decreased their price target on shares of CACI International from $536.00 to $480.00 and set an “overweight” rating for the company in a research report on Wednesday, February 26th. StockNews.com cut shares of CACI International from a “buy” rating to a “hold” rating in a report on Saturday, January 25th. Finally, William Blair lowered shares of CACI International from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. One investment analyst has rated the stock with a sell rating, two have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, CACI International has an average rating of “Moderate Buy” and a consensus target price of $517.31.

CACI International Price Performance

CACI opened at $373.72 on Tuesday. The company has a 50 day moving average of $377.33 and a two-hundred day moving average of $443.10. CACI International has a 52-week low of $318.60 and a 52-week high of $588.26. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.80. The company has a market cap of $8.38 billion, a P/E ratio of 17.53, a P/E/G ratio of 1.01 and a beta of 0.88.

CACI International (NYSE:CACI) last issued its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share for the quarter, topping the consensus estimate of $5.28 by $0.67. CACI International had a return on equity of 15.30% and a net margin of 5.90%. On average, analysts expect that CACI International will post 23.94 earnings per share for the current year.

Insider Transactions at CACI International

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 transaction of $112,358.58. Following the completion of the transaction, the director now owns 2,315 shares in the company, valued at approximately $841,780.30. This represents a 11.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.35% of the company’s stock.

Institutional Trading of CACI International

Several hedge funds have recently bought and sold shares of the company. Van ECK Associates Corp increased its stake in shares of CACI International by 35.2% in the fourth quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider’s stock valued at $63,477,000 after purchasing an additional 40,867 shares during the period. Running Oak Capital LLC increased its position in CACI International by 8.9% in the 4th quarter. Running Oak Capital LLC now owns 31,139 shares of the information technology services provider’s stock valued at $12,582,000 after acquiring an additional 2,533 shares during the period. RNC Capital Management LLC bought a new stake in CACI International during the 4th quarter valued at $315,000. Geode Capital Management LLC boosted its position in CACI International by 5.0% during the 3rd quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock worth $243,386,000 after acquiring an additional 22,823 shares during the period. Finally, Leuthold Group LLC bought a new position in shares of CACI International in the fourth quarter worth $2,647,000. 86.43% of the stock is currently owned by institutional investors.

CACI International Company 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.