Flagship Harbor Advisors LLC Boosts Stock Holdings in Caci International Inc (NYSE:CACI)

Flagship Harbor Advisors LLC raised its holdings in shares of Caci International Inc (NYSE:CACI) by 50.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 829 shares of the information technology services provider’s stock after buying an additional 278 shares during the period. Flagship Harbor Advisors LLC’s holdings in Caci International were worth $169,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Bessemer Group Inc. boosted its position in Caci International by 34.3% during the second quarter. Bessemer Group Inc. now owns 6,983 shares of the information technology services provider’s stock valued at $1,429,000 after buying an additional 1,783 shares during the period. Oakbrook Investments LLC boosted its position in Caci International by 57.1% during the second quarter. Oakbrook Investments LLC now owns 2,750 shares of the information technology services provider’s stock valued at $563,000 after buying an additional 1,000 shares during the period. Oregon Public Employees Retirement Fund boosted its position in Caci International by 1.4% during the second quarter. Oregon Public Employees Retirement Fund now owns 10,029 shares of the information technology services provider’s stock valued at $2,052,000 after buying an additional 142 shares during the period. CENTRAL TRUST Co boosted its position in Caci International by 5.3% during the second quarter. CENTRAL TRUST Co now owns 4,538 shares of the information technology services provider’s stock valued at $949,000 after buying an additional 227 shares during the period. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in Caci International during the second quarter valued at about $1,478,000. Institutional investors and hedge funds own 84.74% of the company’s stock.

In related news, Director Gregory G. Johnson sold 450 shares of the stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $216.17, for a total value of $97,276.50. Following the completion of the transaction, the director now directly owns 5,001 shares of the company’s stock, valued at $1,081,066.17. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Kenneth Asbury sold 14,050 shares of the stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $209.53, for a total transaction of $2,943,896.50. Following the completion of the transaction, the insider now directly owns 51,080 shares of the company’s stock, valued at $10,702,792.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 17,000 shares of company stock valued at $3,555,652. 1.51% of the stock is owned by insiders.

Several analysts have issued reports on CACI shares. Cowen restated a “buy” rating and set a $195.00 price target on shares of Caci International in a research report on Thursday, May 2nd. Credit Suisse Group upgraded shares of Caci International from a “neutral” rating to an “outperform” rating and upped their price target for the company from $223.00 to $269.00 in a research report on Tuesday, August 20th. Morgan Stanley upped their price target on shares of Caci International from $215.00 to $224.00 and gave the company an “equal weight” rating in a research report on Monday, June 24th. Wells Fargo & Co upped their price objective on shares of Caci International from $225.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, June 20th. Finally, Zacks Investment Research downgraded shares of Caci International from a “buy” rating to a “hold” rating in a research note on Friday, May 10th. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $225.56.

Shares of NYSE:CACI traded down $5.14 during midday trading on Friday, hitting $211.02. 163,775 shares of the stock traded hands, compared to its average volume of 197,355. The stock has a market capitalization of $5.38 billion, a PE ratio of 20.17, a P/E/G ratio of 1.80 and a beta of 1.33. The business’s 50 day moving average is $212.04 and its two-hundred day moving average is $196.98. The company has a quick ratio of 1.54, a current ratio of 1.49 and a debt-to-equity ratio of 0.68. Caci International Inc has a one year low of $138.39 and a one year high of $219.95.

Caci International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, August 14th. The information technology services provider reported $1.96 EPS for the quarter, missing the consensus estimate of $2.12 by ($0.16). The firm had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.38 billion. Caci International had a net margin of 5.33% and a return on equity of 11.61%. The business’s revenue was up 17.4% on a year-over-year basis. During the same period last year, the company posted $2.05 earnings per share. As a group, sell-side analysts forecast that Caci International Inc will post 12.04 earnings per share for the current year.

Caci International Company 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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Institutional Ownership by Quarter for Caci International (NYSE:CACI)

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