CACI International Inc (NYSE:CACI) Shares Bought by Strs Ohio

Strs Ohio grew its position in CACI International Inc (NYSE:CACI) by 10.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,704 shares of the information technology services provider’s stock after acquiring an additional 2,721 shares during the period. Strs Ohio’s holdings in CACI International were worth $8,972,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Fort Washington Investment Advisors Inc. OH purchased a new position in shares of CACI International in the 4th quarter valued at about $18,360,000. Segall Bryant & Hamill LLC lifted its position in shares of CACI International by 2,850.9% during the 1st quarter. Segall Bryant & Hamill LLC now owns 50,165 shares of the information technology services provider’s stock valued at $14,862,000 after buying an additional 48,465 shares in the last quarter. Geode Capital Management LLC grew its stake in CACI International by 15.2% in the 1st quarter. Geode Capital Management LLC now owns 366,123 shares of the information technology services provider’s stock valued at $108,475,000 after acquiring an additional 48,439 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. purchased a new stake in CACI International in the 3rd quarter worth $12,950,000. Finally, Kayne Anderson Rudnick Investment Management LLC acquired a new position in CACI International during the third quarter worth $12,267,000. 86.43% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at CACI International

In related news, EVP J William Koegel, Jr. sold 500 shares of the stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total transaction of $188,740.00. Following the transaction, the executive vice president now owns 23,385 shares of the company’s stock, valued at approximately $8,827,369.80. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other CACI International news, EVP J William Koegel, Jr. sold 500 shares of the stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total transaction of $188,740.00. Following the sale, the executive vice president now directly owns 23,385 shares in the company, valued at approximately $8,827,369.80. The transaction was disclosed in a document filed with the SEC, which is available 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 transaction of $54,253.50. Following the completion of the transaction, 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. Company insiders own 1.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on CACI shares. Robert W. Baird lifted their target price on shares of CACI International from $370.00 to $464.00 and gave the company an “outperform” rating in a research report on Monday, April 8th. Wells Fargo & Company boosted their price objective on CACI International from $387.00 to $410.00 and gave the stock an “overweight” rating in a research note on Thursday, April 4th. JPMorgan Chase & Co. raised their target price on CACI International from $375.00 to $383.00 and gave the company an “overweight” rating in a research report on Tuesday, February 6th. Truist Financial boosted their price target on CACI International from $385.00 to $410.00 and gave the stock a “buy” rating in a research report on Tuesday, April 9th. Finally, The Goldman Sachs Group lifted their target price on shares of CACI International from $379.00 to $425.00 and gave the stock a “neutral” rating in a research note on Tuesday. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $396.27.

CACI International Stock Performance

NYSE CACI opened at $362.51 on Thursday. The stock has a market cap of $8.08 billion, a PE ratio of 21.96, a P/E/G ratio of 1.82 and a beta of 0.89. CACI International Inc has a twelve month low of $293.69 and a twelve month high of $382.65. The stock has a fifty day simple moving average of $370.15 and a 200-day simple moving average of $342.45. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.53.

CACI International (NYSE:CACI) last released its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $1.84 billion. CACI International had a net margin of 5.31% and a return on equity of 13.65%. CACI International’s revenue was up 11.2% on a year-over-year basis. During the same period last year, the firm posted $4.28 earnings per share. Equities analysts anticipate that CACI International Inc will post 20.27 earnings per share for the current year.

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.