Baird Financial Group Inc. Sells 5,669 Shares of CACI International Inc (NYSE:CACI)

Baird Financial Group Inc. lowered its stake in CACI International Inc (NYSE:CACI - Free Report) by 57.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,118 shares of the information technology services provider's stock after selling 5,669 shares during the quarter. Baird Financial Group Inc.'s holdings in CACI International were worth $1,664,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. UMB Bank n.a. grew its stake in CACI International by 37.2% during the 4th quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider's stock valued at $43,000 after acquiring an additional 29 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of CACI International by 69.4% during the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider's stock worth $49,000 after purchasing an additional 50 shares during the period. AMJ Financial Wealth Management boosted its holdings in shares of CACI International by 1.8% during the fourth quarter. AMJ Financial Wealth Management now owns 3,988 shares of the information technology services provider's stock worth $1,611,000 after purchasing an additional 70 shares during the period. Kendall Capital Management grew its holdings in shares of 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 valued at $523,000 after acquiring an additional 75 shares in the last quarter. Finally, Cornerstone Investment Partners LLC boosted its position in CACI International by 4.4% during the fourth quarter. Cornerstone Investment Partners LLC now owns 2,017 shares of the information technology services provider's stock valued at $815,000 after purchasing an additional 85 shares during the last quarter. Institutional investors and hedge funds own 86.43% of the company's stock.

CACI International Stock Performance

Shares of CACI International stock traded up $2.30 during midday trading on Friday, hitting $479.28. The company had a trading volume of 278,028 shares, compared to its average volume of 280,085. CACI International Inc has a 1-year low of $318.60 and a 1-year high of $588.26. The business's 50 day simple moving average is $414.72 and its two-hundred day simple moving average is $422.58. The stock has a market cap of $10.54 billion, a PE ratio of 22.48, a P/E/G ratio of 1.01 and a beta of 0.67. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52.

CACI International (NYSE:CACI - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The information technology services provider reported $6.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.53 by $0.70. CACI International had a net margin of 5.90% and a return on equity of 15.30%. The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.13 billion. During the same period last year, the business posted $5.74 EPS. The business's quarterly revenue was up 11.8% on a year-over-year basis. As a group, equities analysts predict that CACI International Inc will post 23.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CACI has been the topic of a number of research reports. UBS Group restated a "buy" rating on shares of CACI International in a report on Friday, April 25th. Jefferies Financial Group dropped their price target on shares of CACI International from $520.00 to $455.00 and set a "buy" rating on the stock in a research note on Tuesday, March 25th. Cowen reaffirmed a "buy" rating on shares of CACI International in a research note on Monday, April 28th. William Blair cut shares of CACI International from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. 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 report on Monday, April 28th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $515.67.

Insider Buying and Selling

In other CACI International news, Director Debora A. Plunkett sold 309 shares of CACI International stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $363.62, for a total transaction of $112,358.58. Following the completion of the transaction, the director now directly owns 2,315 shares of the company's stock, valued at approximately $841,780.30. This trade represents a 11.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.35% of the stock is owned by company insiders.

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.