CX Institutional Makes New $2.68 Million Investment in CACI International Inc (NYSE:CACI)

CX Institutional bought a new position in shares of CACI International Inc (NYSE:CACI - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 7,301 shares of the information technology services provider's stock, valued at approximately $2,679,000.

Several other hedge funds have also modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. raised its position in shares of CACI International by 15.3% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,466 shares of the information technology services provider's stock worth $1,805,000 after purchasing an additional 592 shares during the last quarter. Van ECK Associates Corp raised its position in shares of CACI International by 35.2% during the 4th quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider's stock worth $63,477,000 after purchasing an additional 40,867 shares during the last quarter. Valley Wealth Managers Inc. raised its position in shares of CACI International by 0.5% during the 4th quarter. Valley Wealth Managers Inc. now owns 45,031 shares of the information technology services provider's stock worth $18,195,000 after purchasing an additional 210 shares during the last quarter. Leuthold Group LLC purchased a new stake in CACI International during the 4th quarter valued at about $2,647,000. Finally, Bank of New York Mellon Corp grew its stake in CACI International by 1.2% during the 4th quarter. Bank of New York Mellon Corp now owns 429,256 shares of the information technology services provider's stock valued at $173,445,000 after acquiring an additional 5,248 shares in the last quarter. 86.43% of the stock is owned by hedge funds and other institutional investors.

CACI International Stock Up 0.9%

CACI International stock traded up $4.19 during mid-day trading on Friday, reaching $449.95. 318,895 shares of the company's stock were exchanged, compared to its average volume of 298,510. The company has a market cap of $9.89 billion, a P/E ratio of 21.10, a P/E/G ratio of 1.01 and a beta of 0.63. CACI International Inc has a twelve month low of $318.60 and a twelve month high of $588.26. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.80. The company has a fifty day moving average of $444.83 and a 200-day moving average of $411.72.

CACI International (NYSE:CACI - Get Free Report) last released its earnings results on Wednesday, April 23rd. The information technology services provider reported $6.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.53 by $0.70. The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.13 billion. CACI International had a net margin of 5.90% and a return on equity of 15.30%. The firm's quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the business earned $5.74 EPS. Sell-side analysts expect that CACI International Inc will post 23.94 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Barclays upped their price objective on shares of CACI International from $450.00 to $510.00 and gave the company an "overweight" rating in a research note on Tuesday, April 29th. Cantor Fitzgerald raised shares of CACI International to a "strong-buy" rating in a research note on Tuesday, February 25th. Wells Fargo & Company increased their price target on shares of CACI International from $438.00 to $513.00 and gave the company an "overweight" rating in a research note on Monday, April 28th. William Blair cut shares of CACI International from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Finally, Jefferies Financial Group dropped their price target on shares of CACI International from $520.00 to $455.00 and set a "buy" rating for the company in a research note on Tuesday, March 25th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus 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.