New York State Teachers Retirement System Sells 2,400 Shares of CACI International, Inc. (NYSE:CACI)

New York State Teachers Retirement System cut its holdings in CACI International, Inc. (NYSE:CACI) by 8.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,577 shares of the information technology services provider’s stock after selling 2,400 shares during the period. New York State Teachers Retirement System owned 0.11% of CACI International worth $9,018,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC increased its stake in CACI International by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 490,941 shares of the information technology services provider’s stock valued at $198,417,000 after acquiring an additional 8,667 shares during the period. Fuller & Thaler Asset Management Inc. increased its stake in CACI International by 4.9% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 173,410 shares of the information technology services provider’s stock valued at $70,068,000 after acquiring an additional 8,175 shares during the period. GAMMA Investing LLC increased its stake in CACI International by 91,931.1% during the first quarter. GAMMA Investing LLC now owns 112,278 shares of the information technology services provider’s stock valued at $41,197,000 after acquiring an additional 112,156 shares during the period. Vaughan Nelson Investment Management L.P. increased its stake in CACI International by 36.3% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 90,078 shares of the information technology services provider’s stock valued at $33,051,000 after acquiring an additional 24,010 shares during the period. Finally, Sterling Capital Management LLC increased its stake in CACI International by 256.0% during the fourth quarter. Sterling Capital Management LLC now owns 74,708 shares of the information technology services provider’s stock valued at $30,187,000 after acquiring an additional 53,724 shares during the period. 86.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on CACI. Truist Financial set a $525.00 price target on CACI International and gave the company a “buy” rating in a research note on Friday, April 25th. Wells Fargo & Company lifted their price objective on CACI International from $438.00 to $513.00 and gave the company an “overweight” rating in a report on Monday, April 28th. Barclays lifted their price objective 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 price objective on CACI International from $520.00 to $455.00 and set a “buy” rating on the stock in a report on Tuesday, March 25th. Finally, Cowen reaffirmed a “buy” rating on shares of CACI International in a report on Monday, April 28th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $520.31.

CACI International Stock Performance

CACI stock opened at $489.02 on Friday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.58 and a quick ratio of 1.58. The company has a 50 day moving average price of $459.14 and a 200 day moving average price of $414.95. CACI International, Inc. has a fifty-two week low of $318.60 and a fifty-two week high of $588.26. The stock has a market capitalization of $10.75 billion, a PE ratio of 23.08, a price-to-earnings-growth ratio of 1.28 and a beta of 0.66.

CACI International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, April 23rd. The information technology services provider reported $6.23 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter in the previous year, the company posted $5.74 EPS. CACI International’s revenue was up 11.8% on a year-over-year basis. Analysts forecast that CACI International, Inc. will post 23.94 EPS for the current year.

About CACI International

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.