Amalgamated Bank Has $3.83 Million Position in CACI International, Inc. (NYSE:CACI)

Amalgamated Bank decreased its stake in CACI International, Inc. (NYSE:CACI) by 3.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,436 shares of the information technology services provider’s stock after selling 399 shares during the period. Amalgamated Bank’s holdings in CACI International were worth $3,829,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in CACI. Kendall Capital Management grew its holdings in CACI International by 6.2% during the 4th quarter. Kendall Capital Management now owns 1,294 shares of the information technology services provider’s stock worth $523,000 after acquiring an additional 75 shares during the period. Farther Finance Advisors LLC boosted its position in shares of CACI International by 8.6% during the 1st quarter. Farther Finance Advisors LLC now owns 1,131 shares of the information technology services provider’s stock valued at $418,000 after purchasing an additional 90 shares in the last quarter. Trust Point Inc. grew its stake in CACI International by 8.4% during the first quarter. Trust Point Inc. now owns 1,227 shares of the information technology services provider’s stock worth $450,000 after purchasing an additional 95 shares during the period. Jones Financial Companies Lllp increased its holdings in CACI International by 452.8% in the fourth quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider’s stock worth $80,000 after purchasing an additional 163 shares in the last quarter. Finally, VSM Wealth Advisory LLC bought a new stake in CACI International in the fourth quarter worth approximately $69,000. 86.43% of the stock is currently owned by institutional investors.

CACI International Price Performance

Shares of NYSE:CACI opened at $489.02 on Friday. CACI International, Inc. has a fifty-two week low of $318.60 and a fifty-two week high of $588.26. The company’s 50-day moving average is $458.34 and its 200 day moving average is $414.44. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.58 and a current ratio of 1.58. The company has a market capitalization of $10.75 billion, a P/E ratio of 23.08, a price-to-earnings-growth ratio of 1.27 and a beta of 0.66.

CACI International (NYSE:CACI) last released its earnings results on Wednesday, April 23rd. The information technology services provider reported $6.23 earnings per share for the quarter, beating analysts’ consensus estimates of $5.53 by $0.70. CACI International had a net margin of 5.70% and a return on equity of 15.23%. The firm had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.13 billion. During the same period in the previous year, the company earned $5.74 earnings per share. The company’s quarterly revenue was up 11.8% on a year-over-year basis. On average, equities research analysts forecast that CACI International, Inc. will post 23.94 earnings per share for the current year.

Analysts Set New Price Targets

CACI has been the subject of several research reports. Stifel Nicolaus assumed coverage on CACI International in a research note on Tuesday, June 24th. They issued a “buy” rating and a $576.00 target price for the company. Jefferies Financial Group decreased their price objective on CACI International from $520.00 to $455.00 and set a “buy” rating for the company in a report on Tuesday, March 25th. Truist Financial set a $525.00 target price on CACI International and gave the stock a “buy” rating in a report on Friday, April 25th. Barclays lifted their price target on shares of CACI International from $450.00 to $510.00 and gave the company an “overweight” rating in a research report on Tuesday, April 29th. Finally, Wells Fargo & Company upped their price objective on shares of CACI International from $438.00 to $513.00 and gave the stock an “overweight” rating in a report on Monday, April 28th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $520.31.

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.