CACI International Inc (NYSE:CACI) Shares Sold by Eagle Bay Advisors LLC

Eagle Bay Advisors LLC trimmed its position in CACI International Inc (NYSE:CACI) by 21.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 94 shares of the information technology services provider’s stock after selling 25 shares during the quarter. Eagle Bay Advisors LLC’s holdings in CACI International were worth $38,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. acquired a new position in CACI International in the third quarter valued at approximately $1,955,000. Geode Capital Management LLC lifted its stake in shares of CACI International by 5.0% in the 3rd quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock valued at $243,386,000 after purchasing an additional 22,823 shares during the last quarter. Segall Bryant & Hamill LLC increased its position in shares of CACI International by 3.7% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider’s stock worth $34,179,000 after purchasing an additional 2,396 shares during the last quarter. Bridges Investment Management Inc. purchased a new stake in CACI International in the 2nd quarter valued at about $489,000. Finally, Farther Finance Advisors LLC lifted its position in CACI International by 286.4% in the third quarter. Farther Finance Advisors LLC now owns 1,302 shares of the information technology services provider’s stock valued at $657,000 after buying an additional 965 shares during the last quarter. Hedge funds and other institutional investors own 86.43% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on CACI. JPMorgan Chase & Co. lifted their price target on shares of CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research report on Wednesday, October 2nd. StockNews.com downgraded shares of CACI International from a “buy” rating to a “hold” rating in a report on Friday, December 27th. Robert W. Baird reissued an “outperform” rating and issued a $640.00 target price on shares of CACI International in a research report on Tuesday, December 17th. Raymond James upgraded CACI International from a “market perform” rating to an “outperform” rating and set a $475.00 price target for the company in a research report on Thursday, January 2nd. Finally, Bank of America boosted their price objective on CACI International from $535.00 to $555.00 and gave the company a “buy” rating in a report on Tuesday, September 17th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, CACI International presently has an average rating of “Moderate Buy” and a consensus price target of $522.09.

CACI International Price Performance

CACI stock opened at $445.89 on Tuesday. The business’s 50-day moving average is $451.42 and its two-hundred day moving average is $470.52. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75. The firm has a market capitalization of $9.99 billion, a P/E ratio of 22.10, a P/E/G ratio of 1.33 and a beta of 0.87. CACI International Inc has a 1 year low of $326.47 and a 1 year high of $588.26.

CACI International (NYSE:CACI) last issued its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, beating the consensus estimate of $5.08 by $0.85. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The firm had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $1.92 billion. During the same quarter last year, the company earned $4.36 earnings per share. The firm’s revenue was up 11.2% compared to the same quarter last year. Analysts anticipate that CACI International Inc will post 23.45 earnings per share for the current fiscal year.

About CACI International

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.