Flow Traders U.S. LLC Purchases Shares of 573 CACI International Inc (NYSE:CACI)

Flow Traders U.S. LLC acquired a new position in CACI International Inc (NYSE:CACI) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 573 shares of the information technology services provider’s stock, valued at approximately $289,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Van ECK Associates Corp boosted its holdings in CACI International by 42.5% during the third quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider’s stock worth $60,917,000 after buying an additional 34,647 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of CACI International by 37.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock worth $29,745,000 after acquiring an additional 15,961 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its position in shares of CACI International by 26.7% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 48,923 shares of the information technology services provider’s stock valued at $21,043,000 after acquiring an additional 10,295 shares during the period. Barrow Hanley Mewhinney & Strauss LLC grew its position in shares of CACI International by 1.7% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 340,880 shares of the information technology services provider’s stock valued at $146,623,000 after acquiring an additional 5,610 shares during the period. Finally, Marshall Wace LLP purchased a new position in shares of CACI International in the 2nd quarter valued at about $1,997,000. Institutional investors and hedge funds own 86.43% of the company’s stock.

Insider Activity at CACI International

In related news, insider Gregory R. Bradford sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $492.41, for a total value of $4,924,100.00. Following the transaction, the insider now directly owns 35,538 shares in the company, valued at approximately $17,499,266.58. This represents a 21.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.35% of the stock is currently owned by insiders.

Analysts Set New Price Targets

CACI has been the topic of several research analyst reports. The Goldman Sachs Group raised their price objective on CACI International from $471.00 to $520.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Wells Fargo & Company dropped their price target on shares of CACI International from $637.00 to $564.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 26th. Bank of America upped their price objective on shares of CACI International from $535.00 to $555.00 and gave the stock a “buy” rating in a research report on Tuesday, September 17th. Barclays lifted their target price on shares of CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a research report on Tuesday, November 12th. Finally, UBS Group initiated coverage on shares of CACI International in a research report on Monday. They set a “buy” rating and a $557.00 price target for the company. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $537.82.

CACI International Trading Up 0.5 %

Shares of CACI International stock opened at $456.15 on Friday. 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 stock’s 50 day simple moving average is $512.80 and its 200-day simple moving average is $472.03. The stock has a market cap of $10.22 billion, a P/E ratio of 22.70, a P/E/G ratio of 1.41 and a beta of 0.85. CACI International Inc has a 1-year low of $314.06 and a 1-year high of $588.26.

CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, topping analysts’ consensus estimates of $5.08 by $0.85. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The company had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.92 billion. During the same quarter in the previous year, the company posted $4.36 earnings per share. The firm’s revenue for the quarter was up 11.2% compared to the same quarter last year. Analysts predict that CACI International Inc will post 23.45 EPS for the current fiscal year.

CACI International Company Profile

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.