Fuller & Thaler Asset Management Inc. Boosts Position in CACI International, Inc. $CACI

Key Points

• Fuller & Thaler Asset Management Inc. increased its stake in CACI International by 15.5% during the first quarter, now owning approximately 200,214 shares valued at $73,463,000.
• Several research firms have upgraded CACI's stock ratings, with Goldman Sachs raising its price target from $407.00 to $544.00 and maintaining a "buy" rating.
• CACI reported earnings of $8.40 per share for the last quarter, exceeding analysts' expectations by $1.86, with revenues showing a year-over-year increase of 13.0%.

Fuller & Thaler Asset Management Inc. grew its position in shares of CACI International, Inc. (NYSE:CACI - Free Report) by 15.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,214 shares of the information technology services provider's stock after purchasing an additional 26,804 shares during the quarter. Fuller & Thaler Asset Management Inc. owned approximately 0.91% of CACI International worth $73,463,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Wayfinding Financial LLC acquired a new stake in CACI International in the 1st quarter valued at $27,000. Cary Street Partners Investment Advisory LLC grew its stake in CACI International by 528.6% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 264 shares of the information technology services provider's stock valued at $97,000 after acquiring an additional 222 shares during the period. TD Private Client Wealth LLC grew its stake in CACI International by 21.0% in the 1st quarter. TD Private Client Wealth LLC now owns 305 shares of the information technology services provider's stock valued at $112,000 after acquiring an additional 53 shares during the period. GAMMA Investing LLC grew its stake in CACI International by 150.8% in the 1st quarter. GAMMA Investing LLC now owns 306 shares of the information technology services provider's stock valued at $112,000 after acquiring an additional 184 shares during the period. Finally, Covestor Ltd grew its stake in CACI International by 26.9% in the 1st quarter. Covestor Ltd now owns 307 shares of the information technology services provider's stock valued at $113,000 after acquiring an additional 65 shares during the period. 86.43% of the stock is owned by hedge funds and other institutional investors.

CACI International Price Performance

CACI traded down $4.76 on Friday, hitting $481.26. 361,972 shares of the company's stock were exchanged, compared to its average volume of 271,926. CACI International, Inc. has a fifty-two week low of $318.60 and a fifty-two week high of $588.26. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.73. The firm has a 50-day moving average price of $476.64 and a 200-day moving average price of $431.33. The stock has a market cap of $10.58 billion, a price-to-earnings ratio of 21.53, a P/E/G ratio of 1.25 and a beta of 0.69.

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

Analyst Upgrades and Downgrades

CACI has been the topic of a number of research analyst reports. The Goldman Sachs Group raised shares of CACI International from a "sell" rating to a "buy" rating and lifted their price target for the company from $407.00 to $544.00 in a research note on Wednesday, August 13th. William Blair raised shares of CACI International from a "market perform" rating to an "outperform" rating in a research note on Monday, July 7th. UBS Group reissued a "buy" rating and issued a $614.00 price target (up previously from $562.00) on shares of CACI International in a research note on Friday, August 8th. Stifel Nicolaus lifted their price target on shares of CACI International from $576.00 to $600.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Finally, Raymond James Financial reissued a "market perform" rating on shares of CACI International in a research note on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, CACI International currently has a consensus rating of "Moderate Buy" and an average price target of $549.69.

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.