Zions Bancorporation N.A. Trims Stock Holdings in CACI International Inc (NYSE:CACI)

Zions Bancorporation N.A. cut its stake in shares of CACI International Inc (NYSE:CACI) by 3.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,320 shares of the information technology services provider’s stock after selling 168 shares during the quarter. Zions Bancorporation N.A.’s holdings in CACI International were worth $1,858,000 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. BNP Paribas Financial Markets raised its holdings in CACI International by 43.5% during the fourth quarter. BNP Paribas Financial Markets now owns 14,123 shares of the information technology services provider’s stock valued at $4,574,000 after acquiring an additional 4,283 shares during the period. Eagle Asset Management Inc. lifted its holdings in CACI International by 12.9% in the 4th quarter. Eagle Asset Management Inc. now owns 12,735 shares of the information technology services provider’s stock worth $4,124,000 after purchasing an additional 1,451 shares in the last quarter. Campbell & CO Investment Adviser LLC boosted its stake in CACI International by 12.7% in the 4th quarter. Campbell & CO Investment Adviser LLC now owns 1,901 shares of the information technology services provider’s stock worth $616,000 after purchasing an additional 214 shares during the period. Pinebridge Investments L.P. grew its holdings in CACI International by 75.0% during the 4th quarter. Pinebridge Investments L.P. now owns 8,980 shares of the information technology services provider’s stock valued at $2,908,000 after buying an additional 3,848 shares in the last quarter. Finally, Ophir Asset Management Pty Ltd raised its position in shares of CACI International by 12.9% during the fourth quarter. Ophir Asset Management Pty Ltd now owns 66,359 shares of the information technology services provider’s stock valued at $21,491,000 after buying an additional 7,596 shares during the last quarter. Institutional investors own 86.43% of the company’s stock.

CACI International Stock Up 1.1 %

NYSE CACI opened at $476.68 on Friday. CACI International Inc has a 52 week low of $302.21 and a 52 week high of $489.18. The firm has a market capitalization of $10.63 billion, a price-to-earnings ratio of 27.54, a PEG ratio of 2.01 and a beta of 0.93. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.42. The company has a fifty day moving average of $459.95 and a two-hundred day moving average of $421.48.

CACI International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, August 7th. The information technology services provider reported $6.61 EPS for the quarter, beating the consensus estimate of $5.93 by $0.68. The company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.93 billion. CACI International had a net margin of 5.48% and a return on equity of 14.31%. The firm’s revenue was up 19.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.30 EPS. On average, analysts predict that CACI International Inc will post 23.07 earnings per share for the current year.

Analyst Ratings Changes

CACI has been the subject of several research analyst reports. Barclays raised their target price on shares of CACI International from $450.00 to $500.00 and gave the company an “overweight” rating in a research note on Monday, August 12th. JPMorgan Chase & Co. raised their price objective on CACI International from $383.00 to $458.00 and gave the company an “overweight” rating in a research report on Wednesday, July 10th. Truist Financial boosted their target price on CACI International from $500.00 to $520.00 and gave the stock a “buy” rating in a research report on Thursday, September 5th. Raymond James cut CACI International from an “outperform” rating to a “market perform” rating in a report on Monday, August 5th. Finally, TD Cowen upped their price objective on CACI International from $435.00 to $480.00 and gave the stock a “buy” rating in a report on Friday, July 12th. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $463.00.

Insider Buying and Selling

In other CACI International news, Director Gregory G. Johnson sold 300 shares of the company’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $471.00, for a total value of $141,300.00. Following the transaction, the director now owns 5,910 shares of the company’s stock, valued at approximately $2,783,610. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CEO John S. Mengucci sold 10,000 shares of the stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $463.18, for a total value of $4,631,800.00. Following the transaction, the chief executive officer now owns 91,368 shares of the company’s stock, valued at $42,319,830.24. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Gregory G. Johnson sold 300 shares of CACI International stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $471.00, for a total value of $141,300.00. Following the sale, the director now directly owns 5,910 shares of the company’s stock, valued at $2,783,610. The disclosure for this sale can be found here. In the last three months, insiders sold 11,270 shares of company stock valued at $5,241,872. Insiders own 1.23% of the company’s stock.

CACI International Profile

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.