CACI International, Inc. (NYSE:CACI) Stake Boosted by Bridges Investment Management Inc.

Bridges Investment Management Inc. raised its holdings in CACI International, Inc. (NYSE:CACI - Free Report) by 111.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,844 shares of the information technology services provider's stock after acquiring 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 filing with the SEC.

Several other institutional investors also recently made changes to their positions in CACI. Jones Financial Companies Lllp increased its position in shares of CACI International by 452.8% in the fourth quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider's stock valued at $80,000 after buying an additional 163 shares in the last quarter. River Road Asset Management LLC acquired a new stake in CACI International in the 4th quarter valued at about $8,585,000. VSM Wealth Advisory LLC purchased a new position in CACI International during the 4th quarter valued at about $69,000. Quantbot Technologies LP acquired a new position in CACI International during the fourth quarter worth about $4,023,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in shares of CACI International in the fourth quarter valued at about $2,546,000. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CACI has been the subject of several research reports. Barclays lifted their price objective on CACI International from $450.00 to $510.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 29th. Stifel Nicolaus initiated coverage on CACI International in a report on Tuesday, June 24th. They issued a "buy" rating and a $576.00 price target for the company. Jefferies Financial Group decreased their price objective on CACI International from $520.00 to $455.00 and set a "buy" rating on the stock in a research note on Tuesday, March 25th. 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 note on Monday, April 28th. Finally, William Blair upgraded CACI International from a "market perform" rating to an "outperform" rating in a research note on Monday, July 7th. One research analyst has rated the stock with a sell rating, two have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $520.31.

CACI International Stock Up 0.2%

NYSE CACI traded up $0.85 on Friday, reaching $480.82. The company had a trading volume of 287,442 shares, compared to its average volume of 309,836. The firm has a 50-day moving average of $462.47 and a 200-day moving average of $418.06. 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 0.82, a current ratio of 1.58 and a quick ratio of 1.58. The firm has a market capitalization of $10.57 billion, a PE ratio of 22.69, a P/E/G ratio of 1.26 and a beta of 0.66.

CACI International (NYSE:CACI - Get Free Report) last announced its 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 return on equity of 15.23% and a net margin of 5.70%. The company had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.13 billion. During the same period last year, the firm earned $5.74 earnings per share. The company's revenue was up 11.8% on a year-over-year basis. On average, equities research analysts anticipate that CACI International, Inc. will post 23.94 EPS for the current fiscal year.

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.