GW&K Investment Management LLC Lowers Stake in CACI International, Inc. (NYSE:CACI)

GW&K Investment Management LLC lowered its stake in shares of CACI International, Inc. (NYSE:CACI - Free Report) by 1.1% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 48,764 shares of the information technology services provider's stock after selling 536 shares during the period. GW&K Investment Management LLC owned approximately 0.22% of CACI International worth $17,892,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in CACI. KLP Kapitalforvaltning AS purchased a new position in shares of CACI International during the 4th quarter worth approximately $2,546,000. Zions Bancorporation N.A. boosted its position in shares of CACI International by 18.3% during the 4th quarter. Zions Bancorporation N.A. now owns 5,981 shares of the information technology services provider's stock worth $2,417,000 after purchasing an additional 925 shares during the period. New Age Alpha Advisors LLC purchased a new position in shares of CACI International during the 4th quarter worth approximately $5,357,000. Ramirez Asset Management Inc. lifted its holdings in CACI International by 287.2% during the 4th quarter. Ramirez Asset Management Inc. now owns 2,490 shares of the information technology services provider's stock worth $1,006,000 after buying an additional 1,847 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its holdings in CACI International by 95.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,162 shares of the information technology services provider's stock worth $483,000 after buying an additional 567 shares in the last quarter. Hedge funds and other institutional investors own 86.43% of the company's stock.

CACI International Stock Up 0.3%

Shares of NYSE CACI traded up $1.26 during mid-day trading on Friday, reaching $479.26. The company had a trading volume of 145,367 shares, compared to its average volume of 228,333. 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 firm has a 50 day simple moving average of $463.86 and a two-hundred day simple moving average of $422.76. The stock has a market cap of $10.54 billion, a P/E ratio of 22.62, a PEG ratio of 1.25 and a beta of 0.66. CACI International, Inc. has a 52-week low of $318.60 and a 52-week high of $588.26.

CACI International (NYSE:CACI - Get Free Report) last posted its earnings results 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 5.70% and a return on equity of 15.23%. The company's revenue was up 11.8% on a year-over-year basis. During the same period last year, the firm posted $5.74 EPS. Sell-side analysts predict that CACI International, Inc. will post 23.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. William Blair upgraded shares of CACI International from a "market perform" rating to an "outperform" rating in a report on Monday, July 7th. Stifel Nicolaus assumed coverage on shares of CACI International in a report on Tuesday, June 24th. They set a "buy" rating and a $576.00 target price on the stock. Truist Financial increased their target price on shares of CACI International from $525.00 to $550.00 and gave the stock a "buy" rating in a report on Thursday. Raymond James Financial restated a "market perform" rating on shares of CACI International in a report on Tuesday, July 8th. Finally, UBS Group restated a "buy" rating on shares of CACI International in a report on Friday, April 25th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $522.23.

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.