CACI International, Inc. (NYSE:CACI) Stake Cut by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. cut its position in shares of CACI International, Inc. (NYSE:CACI) by 15.7% during the 1st quarter, HoldingsChannel.com reports. The firm owned 3,766 shares of the information technology services provider’s stock after selling 700 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in CACI International were worth $1,382,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its position in CACI International by 91,931.1% in the first quarter. GAMMA Investing LLC now owns 112,278 shares of the information technology services provider’s stock worth $41,197,000 after buying an additional 112,156 shares during the period. Sterling Capital Management LLC increased its position in CACI International by 256.0% in the fourth quarter. Sterling Capital Management LLC now owns 74,708 shares of the information technology services provider’s stock worth $30,187,000 after buying an additional 53,724 shares during the period. Vaughan Nelson Investment Management L.P. increased its position in CACI International by 36.3% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 90,078 shares of the information technology services provider’s stock worth $33,051,000 after buying an additional 24,010 shares during the period. River Road Asset Management LLC acquired a new stake in CACI International in the fourth quarter worth $8,585,000. Finally, Russell Investments Group Ltd. increased its position in CACI International by 51.9% in the fourth quarter. Russell Investments Group Ltd. now owns 46,919 shares of the information technology services provider’s stock worth $18,936,000 after buying an additional 16,037 shares during the period. 86.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CACI has been the topic of a number of research analyst reports. Truist Financial set a $525.00 price target on CACI International and gave the company a “buy” rating in a report on Friday, April 25th. UBS Group reissued a “buy” rating on shares of CACI International in a report on Friday, April 25th. Barclays raised their price target on CACI International from $450.00 to $510.00 and gave the company an “overweight” rating in a report on Tuesday, April 29th. Jefferies Financial Group decreased their target price on CACI International from $520.00 to $455.00 and set a “buy” rating for the company in a research note on Tuesday, March 25th. Finally, Wells Fargo & Company raised their target price on CACI International from $438.00 to $513.00 and gave the company an “overweight” rating in a research note 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 stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $520.31.

CACI International Trading Up 0.2%

NYSE:CACI opened at $489.02 on Friday. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.82. CACI International, Inc. has a 1-year low of $318.60 and a 1-year high of $588.26. The firm has a market capitalization of $10.75 billion, a price-to-earnings ratio of 23.08, a price-to-earnings-growth ratio of 1.28 and a beta of 0.66. The stock has a fifty day simple moving average of $459.14 and a 200 day simple moving average of $414.95.

CACI International (NYSE:CACI) last announced its quarterly earnings data on Wednesday, April 23rd. The information technology services provider reported $6.23 EPS for the quarter, topping analysts’ consensus estimates of $5.53 by $0.70. CACI International had a return on equity of 15.23% and a net margin of 5.70%. The firm had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.13 billion. During the same period last year, the company posted $5.74 EPS. The business’s quarterly revenue was up 11.8% compared to the same quarter last year. Sell-side analysts forecast that CACI International, Inc. will post 23.94 earnings per share for the current year.

CACI International 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.