Eagle Asset Management Inc. Has $4.17 Million Stock Holdings in CACI International Inc (NYSE:CACI)

Eagle Asset Management Inc. cut its position in shares of CACI International Inc (NYSE:CACI) by 23.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,270 shares of the information technology services provider’s stock after selling 2,485 shares during the period. Eagle Asset Management Inc.’s holdings in CACI International were worth $4,173,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. acquired a new position in CACI International in the 3rd quarter valued at about $1,955,000. Kennedy Capital Management LLC grew its stake in CACI International by 39.9% in the 1st quarter. Kennedy Capital Management LLC now owns 8,276 shares of the information technology services provider’s stock valued at $3,135,000 after buying an additional 2,359 shares during the last quarter. Comerica Bank grew its stake in CACI International by 13.4% in the 1st quarter. Comerica Bank now owns 11,609 shares of the information technology services provider’s stock valued at $4,398,000 after buying an additional 1,372 shares during the last quarter. Lazard Asset Management LLC acquired a new position in CACI International in the 1st quarter valued at about $653,000. Finally, Segall Bryant & Hamill LLC grew its stake in CACI International by 3.7% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider’s stock valued at $34,179,000 after buying an additional 2,396 shares during the last quarter. 86.43% of the stock is currently owned by institutional investors and hedge funds.

CACI International Stock Performance

Shares of CACI International stock opened at $468.78 on Monday. The company has a 50 day moving average of $517.47 and a 200-day moving average of $470.42. CACI International Inc has a 1-year low of $314.06 and a 1-year high of $588.26. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48. The company has a market cap of $10.50 billion, a PE ratio of 23.23, a price-to-earnings-growth ratio of 1.85 and a beta of 0.91.

CACI International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, topping analysts’ consensus estimates of $5.08 by $0.85. The company had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $1.92 billion. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The firm’s quarterly revenue was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.36 EPS. As a group, equities research analysts forecast that CACI International Inc will post 23.47 earnings per share for the current fiscal year.

Insider Buying and Selling

In other CACI International news, insider Gregory R. Bradford sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $492.41, for a total value of $4,924,100.00. Following the completion of the transaction, the insider now directly owns 35,538 shares in the company, valued at approximately $17,499,266.58. This represents a 21.96 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP J William Koegel, Jr. sold 970 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $483.27, for a total transaction of $468,771.90. Following the completion of the transaction, the executive vice president now owns 22,651 shares of the company’s stock, valued at approximately $10,946,548.77. This trade represents a 4.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.35% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Wells Fargo & Company upped their price target on shares of CACI International from $525.00 to $577.00 and gave the company an “overweight” rating in a research note on Tuesday, October 1st. TD Cowen upped their price target on shares of CACI International from $545.00 to $570.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Raymond James downgraded shares of CACI International from an “outperform” rating to a “market perform” rating in a report on Monday, August 5th. Barclays boosted their price objective on shares of CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a report on Tuesday, November 12th. Finally, The Goldman Sachs Group boosted their price objective on shares of CACI International from $471.00 to $520.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $537.20.

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.