Fort Washington Investment Advisors Inc. OH Sells 8,129 Shares of CACI International, Inc. $CACI

Key Points

• Fort Washington Investment Advisors Inc. OH has reduced its holdings in CACI International, Inc. by 15.3%, now owning 44,843 shares valued at approximately $21.38 million.
• Several institutional investors, including GAMMA Investing LLC and MetLife Investment Management LLC, have significantly increased their stakes in CACI International during the first quarter.
• Analysts have offered a mixed outlook for CACI International, with Goldman Sachs upgrading the stock from "sell" to "buy" and setting a new target price of $544.00.

Fort Washington Investment Advisors Inc. OH cut its holdings in shares of CACI International, Inc. (NYSE:CACI - Free Report) by 15.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 44,843 shares of the information technology services provider's stock after selling 8,129 shares during the period. Fort Washington Investment Advisors Inc. OH owned approximately 0.20% of CACI International worth $21,377,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its position in shares of CACI International by 91,931.1% during the first quarter. GAMMA Investing LLC now owns 112,278 shares of the information technology services provider's stock worth $41,197,000 after purchasing an additional 112,156 shares during the period. Fuller & Thaler Asset Management Inc. raised its holdings in CACI International by 15.5% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 200,214 shares of the information technology services provider's stock worth $73,463,000 after buying an additional 26,804 shares during the period. Vaughan Nelson Investment Management L.P. raised its holdings in CACI International by 36.3% during the 1st 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 buying an additional 24,010 shares during the period. Peregrine Capital Management LLC acquired a new stake in CACI International during the 1st quarter worth approximately $4,999,000. Finally, MetLife Investment Management LLC lifted its stake in CACI International by 77.1% in the first quarter. MetLife Investment Management LLC now owns 22,363 shares of the information technology services provider's stock valued at $8,205,000 after buying an additional 9,737 shares in the last quarter. 86.43% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other CACI International news, CEO John S. Mengucci sold 10,175 shares of the stock in a transaction on Monday, September 15th. The shares were sold at an average price of $492.82, for a total value of $5,014,443.50. Following the completion of the sale, the chief executive officer owned 101,536 shares in the company, valued at $50,038,971.52. This trade represents a 9.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Raymond James Financial reissued a "market perform" rating on shares of CACI International in a research report on Friday, August 8th. The Goldman Sachs Group upgraded CACI International from a "sell" rating to a "buy" rating and increased their target price for the stock from $407.00 to $544.00 in a report on Wednesday, August 13th. William Blair raised CACI International from a "market perform" rating to an "outperform" rating in a research note on Monday, July 7th. Stifel Nicolaus upped their price objective on CACI International from $576.00 to $600.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Finally, Truist Financial set a $575.00 price objective on CACI International in a report on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, CACI International currently has a consensus rating of "Moderate Buy" and a consensus price target of $549.25.

CACI International Price Performance

Shares of NYSE CACI opened at $484.89 on Monday. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.47 and a quick ratio of 1.47. The business has a 50-day moving average of $482.61 and a 200-day moving average of $454.81. The stock has a market capitalization of $10.66 billion, a price-to-earnings ratio of 21.70, a PEG ratio of 1.82 and a beta of 0.65. CACI International, Inc. has a fifty-two week low of $318.60 and a fifty-two week high of $588.26.

CACI International (NYSE:CACI - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The information technology services provider reported $8.40 EPS for the quarter, beating the consensus estimate of $6.54 by $1.86. The firm had revenue of $2.30 billion during the quarter, compared to analysts' expectations of $2.29 billion. CACI International had a return on equity of 15.84% and a net margin of 5.79%.The business's quarterly revenue was up 13.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $6.61 earnings per share. As a group, sell-side analysts predict that CACI International, Inc. will post 23.94 earnings per share for the current fiscal year.

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.

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