MetLife Investment Management LLC Boosts Holdings in CACI International, Inc. $CACI

Key Points

• MetLife Investment Management LLC increased its holdings in CACI International by 77.1% in the first quarter, owning approximately 0.10% of the company valued at $8.2 million.
• CACI International reported $8.40 EPS for the last quarter, exceeding expectations and achieving a revenue of $2.30 billion, up 13.0% year-over-year.
• Analysts maintain a positive outlook on CACI, with an average target price of $549.69 and a consensus rating of "Moderate Buy".

MetLife Investment Management LLC raised its holdings in shares of CACI International, Inc. (NYSE:CACI - Free Report) by 77.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,363 shares of the information technology services provider's stock after acquiring an additional 9,737 shares during the quarter. MetLife Investment Management LLC owned approximately 0.10% of CACI International worth $8,205,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Wayfinding Financial LLC purchased a new position in shares of CACI International during the first quarter valued at approximately $27,000. Cary Street Partners Investment Advisory LLC boosted its position in CACI International by 528.6% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 264 shares of the information technology services provider's stock worth $97,000 after acquiring an additional 222 shares during the last quarter. GAMMA Investing LLC boosted its position in CACI International by 150.8% during the first quarter. GAMMA Investing LLC now owns 306 shares of the information technology services provider's stock worth $112,000 after acquiring an additional 184 shares during the last quarter. TD Private Client Wealth LLC boosted its position in CACI International by 21.0% during the first quarter. TD Private Client Wealth LLC now owns 305 shares of the information technology services provider's stock worth $112,000 after acquiring an additional 53 shares during the last quarter. Finally, Covestor Ltd boosted its position in CACI International by 26.9% during the first quarter. Covestor Ltd now owns 307 shares of the information technology services provider's stock worth $113,000 after acquiring an additional 65 shares during the last quarter. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

CACI International Price Performance

CACI International stock opened at $484.40 on Wednesday. CACI International, Inc. has a 1 year low of $318.60 and a 1 year high of $588.26. The firm has a 50 day moving average price of $477.95 and a 200 day moving average price of $432.45. The company has a market cap of $10.65 billion, a price-to-earnings ratio of 21.67, a PEG ratio of 1.26 and a beta of 0.69. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.47 and a current ratio of 1.47.

CACI International (NYSE:CACI - Get Free Report) last released its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the previous year, the firm earned $6.61 earnings per share. CACI International's revenue for the quarter was up 13.0% on a year-over-year basis. Sell-side analysts predict that CACI International, Inc. will post 23.94 earnings per share for the current year.

Wall Street Analyst Weigh In

CACI has been the topic of a number of analyst reports. UBS Group restated a "buy" rating and set a $614.00 target price (up previously from $562.00) on shares of CACI International in a research report on Friday, August 8th. William Blair upgraded shares of CACI International from a "market perform" rating to an "outperform" rating in a research report on Monday, July 7th. The Goldman Sachs Group upgraded shares of CACI International from a "sell" rating to a "buy" rating and raised their target price for the stock from $407.00 to $544.00 in a research report on Wednesday, August 13th. Barclays raised their target price on shares of CACI International from $450.00 to $510.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 29th. Finally, Truist Financial set a $575.00 target price on shares of CACI International in a research report on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, CACI International presently has an average rating of "Moderate Buy" and an average target price of $549.69.

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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