800 Shares in CACI International, Inc. (NYSE:CACI) Bought by Entropy Technologies LP

Entropy Technologies LP purchased a new position in CACI International, Inc. (NYSE:CACI - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 800 shares of the information technology services provider's stock, valued at approximately $294,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cornerstone Investment Partners LLC grew its stake in shares of CACI International by 1.3% in the first quarter. Cornerstone Investment Partners LLC now owns 2,044 shares of the information technology services provider's stock worth $750,000 after acquiring an additional 27 shares during the last quarter. TD Private Client Wealth LLC grew its stake in shares of CACI International by 21.0% in the first quarter. TD Private Client Wealth LLC now owns 305 shares of the information technology services provider's stock worth $112,000 after acquiring an additional 53 shares during the last quarter. Covestor Ltd grew its stake in shares of CACI International by 26.9% in the first quarter. Covestor Ltd now owns 307 shares of the information technology services provider's stock worth $113,000 after acquiring an additional 65 shares during the last quarter. Wayfinding Financial LLC purchased a new stake in shares of CACI International in the first quarter worth $27,000. Finally, Wedbush Securities Inc. grew its stake in shares of CACI International by 11.0% in the first quarter. Wedbush Securities Inc. now owns 881 shares of the information technology services provider's stock worth $323,000 after acquiring an additional 87 shares during the last quarter. 86.43% of the stock is owned by hedge funds and other institutional investors.

CACI International Stock Down 2.5%

CACI stock opened at $491.17 on Friday. CACI International, Inc. has a fifty-two week low of $318.60 and a fifty-two week high of $588.26. The business's 50-day moving average is $471.49 and its two-hundred day moving average is $426.50. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.47 and a current ratio of 1.47. The company has a market cap of $10.80 billion, a price-to-earnings ratio of 21.98, a P/E/G ratio of 1.32 and a beta of 0.69.

CACI International (NYSE:CACI - Get Free Report) last posted its earnings results on Wednesday, August 6th. The information technology services provider reported $8.40 earnings per share for the quarter, beating analysts' consensus estimates of $6.54 by $1.86. CACI International had a return on equity of 15.84% and a net margin of 5.79%. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the prior year, the company earned $6.61 earnings per share. CACI International's revenue was up 13.0% on a year-over-year basis. As a group, 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 topic of a number of recent research reports. The Goldman Sachs Group raised CACI International from a "sell" rating to a "buy" rating and increased their target price for the stock from $407.00 to $544.00 in a research note on Wednesday. Cowen reissued a "buy" rating on shares of CACI International in a research note on Monday, April 28th. William Blair raised CACI International from a "market perform" rating to an "outperform" rating in a research note on Monday, July 7th. Stifel Nicolaus upped their price target on CACI International from $576.00 to $600.00 and gave the company a "buy" rating in a report on Friday, August 8th. Finally, UBS Group reaffirmed a "buy" rating and set a $614.00 price target (up from $562.00) on shares of CACI International in a report on Friday, August 8th. Three research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, CACI International currently has a consensus rating of "Moderate Buy" and a consensus target price of $549.69.

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.

Want to see what other hedge funds are holding CACI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CACI International, Inc. (NYSE:CACI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.