Barrow Hanley Mewhinney & Strauss LLC Sells 52,252 Shares of CACI International Inc (NYSE:CACI)

Barrow Hanley Mewhinney & Strauss LLC trimmed its position in shares of CACI International Inc (NYSE:CACI - Free Report) by 15.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 276,433 shares of the information technology services provider's stock after selling 52,252 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned approximately 1.23% of CACI International worth $111,696,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in CACI. UMB Bank n.a. raised its holdings in 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 valued at $43,000 after buying an additional 29 shares during the last quarter. VSM Wealth Advisory LLC acquired a new position in CACI International in the 4th quarter valued at approximately $69,000. Jones Financial Companies Lllp raised its stake in shares of CACI International by 452.8% during the fourth quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider's stock valued at $80,000 after acquiring an additional 163 shares during the last quarter. Applied Finance Capital Management LLC acquired a new position in shares of CACI International during the fourth quarter worth $219,000. Finally, Cary Street Partners Financial LLC acquired a new position in shares of CACI International during the fourth quarter worth $287,000. 86.43% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at CACI International

In other news, Director Debora A. Plunkett sold 309 shares of the stock in a transaction dated 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 owns 2,315 shares in the company, valued at $841,780.30. This represents a 11.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.35% of the company's stock.

CACI International Stock Down 1.1%

Shares of NYSE CACI traded down $5.09 during mid-day trading on Wednesday, reaching $462.18. 71,213 shares of the company's stock traded hands, compared to its average volume of 284,255. The stock has a market cap of $10.16 billion, a P/E ratio of 21.66, a PEG ratio of 1.01 and a beta of 0.67. The business has a 50-day simple moving average of $429.90 and a 200 day simple moving average of $416.72. CACI International Inc has a 1-year low of $318.60 and a 1-year high of $588.26. 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 earnings results on Wednesday, April 23rd. The information technology services provider reported $6.23 earnings per share for the quarter, topping analysts' consensus estimates 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. The firm's revenue was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $5.74 EPS. On average, analysts expect that CACI International Inc will post 23.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on CACI shares. Cantor Fitzgerald raised CACI International to a "strong-buy" rating in a research report on Tuesday, February 25th. Cowen restated 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 company a "buy" rating in a report on Friday, April 25th. Barclays raised their target price on CACI International from $450.00 to $510.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 29th. Finally, William Blair lowered CACI International from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $515.67.

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.