Bridges Investment Management Inc. Increases Stake in CACI International, Inc. (NYSE:CACI)

Bridges Investment Management Inc. grew its stake in CACI International, Inc. (NYSE:CACI - Free Report) by 111.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,844 shares of the information technology services provider's stock after buying an additional 1,502 shares during the quarter. Bridges Investment Management Inc.'s holdings in CACI International were worth $1,044,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of CACI. GAMMA Investing LLC increased its position in CACI International by 91,931.1% in the first quarter. GAMMA Investing LLC now owns 112,278 shares of the information technology services provider's stock worth $41,197,000 after buying an additional 112,156 shares in the last quarter. Sterling Capital Management LLC boosted its stake in shares of CACI International by 256.0% in the fourth quarter. Sterling Capital Management LLC now owns 74,708 shares of the information technology services provider's stock worth $30,187,000 after acquiring an additional 53,724 shares during the period. Vaughan Nelson Investment Management L.P. boosted its stake in shares of CACI International by 36.3% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 90,078 shares of the information technology services provider's stock worth $33,051,000 after acquiring an additional 24,010 shares during the period. River Road Asset Management LLC bought a new position in shares of CACI International in the fourth quarter worth about $8,585,000. Finally, Russell Investments Group Ltd. boosted its stake in shares of CACI International by 51.9% in the fourth quarter. Russell Investments Group Ltd. now owns 46,919 shares of the information technology services provider's stock worth $18,936,000 after acquiring an additional 16,037 shares during the period. Hedge funds and other institutional investors own 86.43% of the company's stock.

CACI International Trading Down 1.0%

Shares of NYSE CACI traded down $4.95 during midday trading on Thursday, hitting $480.45. The company's stock had a trading volume of 234,284 shares, compared to its average volume of 308,328. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.82. The business's 50 day moving average is $461.67 and its two-hundred day moving average is $416.86. CACI International, Inc. has a 12-month low of $318.60 and a 12-month high of $588.26. The firm has a market cap of $10.57 billion, a P/E ratio of 22.67, a price-to-earnings-growth ratio of 1.28 and a beta of 0.66.

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 for the quarter, beating 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 the consensus estimate of $2.13 billion. During the same quarter in the previous year, the firm posted $5.74 earnings per share. The company's revenue was up 11.8% on a year-over-year basis. As a group, equities research analysts expect that CACI International, Inc. will post 23.94 EPS for the current year.

Analyst Upgrades and Downgrades

CACI has been the subject of a number of recent analyst reports. Cowen reaffirmed a "buy" rating on shares of CACI International in a research note on Monday, April 28th. Raymond James Financial reaffirmed a "market perform" rating on shares of CACI International in a research note on Tuesday. UBS Group reissued a "buy" rating on shares of CACI International in a research note on Friday, April 25th. Jefferies Financial Group dropped their price target on CACI International from $520.00 to $455.00 and set a "buy" rating for the company in a research note on Tuesday, March 25th. Finally, William Blair raised CACI International from a "market perform" rating to an "outperform" rating in a research note on Monday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $520.31.

CACI International Company 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.