Cary Street Partners Financial LLC Invests $287,000 in CACI International Inc (NYSE:CACI)

Cary Street Partners Financial LLC purchased a new position in shares of CACI International Inc (NYSE:CACI - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 711 shares of the information technology services provider's stock, valued at approximately $287,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. UMB Bank n.a. grew its stake in shares of CACI International by 37.2% in the 4th quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider's stock worth $43,000 after purchasing an additional 29 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of CACI International by 69.4% in the 4th 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 last quarter. AMJ Financial Wealth Management grew its stake in shares of CACI International by 1.8% in the 4th 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 last quarter. Kendall Capital Management grew its stake in shares of CACI International by 6.2% in the 4th quarter. Kendall Capital Management now owns 1,294 shares of the information technology services provider's stock worth $523,000 after purchasing an additional 75 shares during the last quarter. Finally, Cornerstone Investment Partners LLC grew its stake in shares of CACI International by 4.4% in the 4th quarter. Cornerstone Investment Partners LLC now owns 2,017 shares of the information technology services provider's stock worth $815,000 after purchasing an additional 85 shares during the last quarter. 86.43% of the stock is currently owned by institutional investors.

CACI International Stock Up 0.6%

CACI traded up $2.96 on Wednesday, reaching $465.00. 221,864 shares of the company traded hands, compared to its average volume of 279,539. The stock's 50 day moving average price is $411.17 and its 200-day moving average price is $422.77. CACI International Inc has a 52-week low of $318.60 and a 52-week high of $588.26. The company has a market cap of $10.23 billion, a price-to-earnings ratio of 21.81, a PEG 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 announced its quarterly earnings data on Wednesday, April 23rd. The information technology services provider reported $6.23 EPS for the quarter, beating analysts' consensus estimates of $5.53 by $0.70. The firm had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.13 billion. CACI International had a net margin of 5.90% and a return on equity of 15.30%. The firm's revenue was up 11.8% on a year-over-year basis. During the same period in the previous year, the firm posted $5.74 earnings per share. On average, sell-side analysts expect that CACI International Inc will post 23.94 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Cantor Fitzgerald raised shares of CACI International to a "strong-buy" rating in a research report on Tuesday, February 25th. Jefferies Financial Group dropped their target price on shares of CACI International from $520.00 to $455.00 and set a "buy" rating on the stock in a research report on Tuesday, March 25th. Cowen reissued a "buy" rating on shares of CACI International in a research report on Monday, April 28th. Truist Financial set a $525.00 target price on shares of CACI International and gave the stock a "buy" rating in a research report on Friday, April 25th. Finally, Wells Fargo & Company lifted their target price on shares of CACI International from $438.00 to $513.00 and gave the stock an "overweight" rating in a research report on Monday, April 28th. One analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, CACI International currently has an average rating of "Moderate Buy" and a consensus target price of $515.67.

Insider Buying and Selling at CACI International

In other CACI International news, Director Debora A. Plunkett sold 309 shares of CACI International stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total value of $112,358.58. Following the completion of the sale, the director now directly owns 2,315 shares in the company, valued at $841,780.30. The trade was a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.35% of the company's stock.

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.