River Road Asset Management LLC Cuts Stock Holdings in CACI International Inc (NYSE:CACI)

River Road Asset Management LLC lessened its position in shares of CACI International Inc (NYSE:CACI) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,327 shares of the information technology services provider’s stock after selling 349 shares during the period. River Road Asset Management LLC owned approximately 0.06% of CACI International worth $4,640,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cim Investment Management Inc. boosted its position in shares of CACI International by 3.6% in the first quarter. Cim Investment Management Inc. now owns 1,251 shares of the information technology services provider’s stock worth $371,000 after buying an additional 43 shares during the period. Studio Investment Management LLC lifted its position in shares of CACI International by 3.0% during the fourth quarter. Studio Investment Management LLC now owns 1,534 shares of the information technology services provider’s stock worth $461,000 after purchasing an additional 44 shares in the last quarter. Covestor Ltd boosted its stake in shares of CACI International by 9.1% in the third quarter. Covestor Ltd now owns 540 shares of the information technology services provider’s stock valued at $170,000 after purchasing an additional 45 shares during the period. Captrust Financial Advisors grew its holdings in CACI International by 1.7% during the 2nd quarter. Captrust Financial Advisors now owns 4,292 shares of the information technology services provider’s stock valued at $1,463,000 after purchasing an additional 71 shares in the last quarter. Finally, Brown Brothers Harriman & Co. lifted its holdings in CACI International by 47.7% in the 1st quarter. Brown Brothers Harriman & Co. now owns 288 shares of the information technology services provider’s stock worth $87,000 after buying an additional 93 shares in the last quarter. 86.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CACI. Truist Financial increased their price target on CACI International from $385.00 to $410.00 and gave the company a “buy” rating in a report on Tuesday, April 9th. Stifel Nicolaus upgraded shares of CACI International from a “hold” rating to a “buy” rating and lifted their price target for the stock from $365.00 to $380.00 in a research note on Friday, January 5th. StockNews.com downgraded shares of CACI International from a “buy” rating to a “hold” rating in a research note on Monday. The Goldman Sachs Group raised their price objective on shares of CACI International from $379.00 to $425.00 and gave the stock a “neutral” rating in a report on Tuesday. Finally, Jefferies Financial Group lowered shares of CACI International from a “buy” rating to a “hold” rating and cut their target price for the company from $375.00 to $350.00 in a research note on Wednesday, January 3rd. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $396.27.

Insider Transactions at CACI International

In other CACI International news, Director Gregory G. Johnson sold 150 shares of CACI International stock in a transaction on Monday, February 12th. The stock was sold at an average price of $361.69, for a total value of $54,253.50. Following the completion of the transaction, the director now owns 6,446 shares in the company, valued at approximately $2,331,453.74. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other CACI International news, EVP J William Koegel, Jr. sold 500 shares of the stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total value of $188,740.00. Following the transaction, the executive vice president now directly owns 23,385 shares in the company, valued at approximately $8,827,369.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gregory G. Johnson sold 150 shares of the business’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $361.69, for a total value of $54,253.50. Following the sale, the director now owns 6,446 shares of the company’s stock, valued at approximately $2,331,453.74. The disclosure for this sale can be found here. 1.23% of the stock is owned by company insiders.

CACI International Stock Up 0.5 %

CACI stock opened at $364.28 on Friday. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.53. The company has a fifty day simple moving average of $370.32 and a 200 day simple moving average of $342.60. The firm has a market cap of $8.12 billion, a PE ratio of 22.06, a PEG ratio of 1.80 and a beta of 0.89. CACI International Inc has a 1 year low of $293.69 and a 1 year high of $382.65.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, January 24th. The information technology services provider reported $4.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.50 by ($0.14). The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.84 billion. CACI International had a net margin of 5.31% and a return on equity of 13.65%. The firm’s revenue was up 11.2% compared to the same quarter last year. During the same period in the previous year, the business posted $4.28 earnings per share. Sell-side analysts anticipate that CACI International Inc will post 20.27 EPS for the current fiscal year.

About CACI International

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.