CENTRAL TRUST Co decreased its holdings in Caci International Inc (NYSE:CACI) by 4.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,311 shares of the information technology services provider’s stock after selling 192 shares during the quarter. CENTRAL TRUST Co’s holdings in Caci International were worth $785,000 as of its most recent filing with the SEC.
Several other large investors have also added to or reduced their stakes in the stock. World Asset Management Inc acquired a new position in Caci International during the first quarter worth $275,000. Private Capital Group LLC increased its position in Caci International by 18.0% during the first quarter. Private Capital Group LLC now owns 360 shares of the information technology services provider’s stock worth $66,000 after buying an additional 55 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in Caci International by 404.3% during the first quarter. BNP Paribas Arbitrage SA now owns 5,709 shares of the information technology services provider’s stock worth $1,039,000 after buying an additional 4,577 shares during the last quarter. Mercer Global Advisors Inc. ADV acquired a new position in Caci International during the first quarter worth $902,000. Finally, Tributary Capital Management LLC increased its position in Caci International by 13.1% during the first quarter. Tributary Capital Management LLC now owns 169,372 shares of the information technology services provider’s stock worth $30,829,000 after buying an additional 19,681 shares during the last quarter. Institutional investors and hedge funds own 89.86% of the company’s stock.
CACI has been the subject of a number of recent analyst reports. ValuEngine upgraded shares of Caci International from a “hold” rating to a “buy” rating in a report on Friday, May 3rd. Vertical Research upgraded shares of Caci International from a “buy” rating to a “top pick” rating in a report on Wednesday, March 13th. Wells Fargo & Co restated a “buy” rating on shares of Caci International in a report on Friday, March 1st. Cowen restated a “buy” rating and set a $190.00 price target on shares of Caci International in a report on Sunday, February 3rd. Finally, Zacks Investment Research upgraded shares of Caci International from a “hold” rating to a “buy” rating and set a $177.00 price target for the company in a report on Wednesday, January 30th. Six investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $202.31.
Shares of NYSE CACI traded up $3.21 during mid-day trading on Wednesday, hitting $208.76. The company had a trading volume of 202,486 shares, compared to its average volume of 174,793. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.54 and a current ratio of 1.54. Caci International Inc has a 12 month low of $138.39 and a 12 month high of $209.79. The stock has a market cap of $5.06 billion, a PE ratio of 26.63, a PEG ratio of 1.92 and a beta of 1.56.
Caci International (NYSE:CACI) last released its earnings results on Wednesday, May 1st. The information technology services provider reported $2.69 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.30 by $0.39. Caci International had a net margin of 5.59% and a return on equity of 11.80%. The business had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.24 billion. During the same quarter last year, the company earned $2.56 earnings per share. The firm’s revenue was up 12.5% on a year-over-year basis. Research analysts forecast that Caci International Inc will post 10.62 earnings per share for the current fiscal year.
In other Caci International news, Director James Gilmore III sold 269 shares of the firm’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $181.49, for a total transaction of $48,820.81. Following the completion of the transaction, the director now owns 13,817 shares in the company, valued at $2,507,647.33. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Warren R. Phillips sold 397 shares of the firm’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $200.35, for a total transaction of $79,538.95. Following the transaction, the director now owns 5,871 shares of the company’s stock, valued at approximately $1,176,254.85. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,540 shares of company stock valued at $1,269,896. Corporate insiders own 1.51% of the company’s stock.
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About Caci International
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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