New York State Common Retirement Fund decreased its position in shares of CACI International, Inc. (NYSE:CACI - Free Report) by 58.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,827 shares of the information technology services provider's stock after selling 16,512 shares during the period. New York State Common Retirement Fund owned about 0.05% of CACI International worth $4,340,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wayfinding Financial LLC bought a new stake in shares of CACI International during the 1st quarter worth $27,000. GAMMA Investing LLC raised its stake in shares of 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 buying an additional 184 shares in the last quarter. TD Private Client Wealth LLC raised its stake in shares of 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 buying an additional 53 shares in the last quarter. Applied Finance Capital Management LLC acquired a new stake in shares of CACI International during the 4th quarter worth about $219,000. Finally, Cary Street Partners Financial LLC acquired a new stake in shares of CACI International during the 4th quarter worth about $287,000. Hedge funds and other institutional investors own 86.43% of the company's stock.
CACI International Price Performance
CACI stock traded down $0.50 during mid-day trading on Tuesday, reaching $478.17. 288,810 shares of the company's stock were exchanged, compared to its average volume of 310,110. The company has a market cap of $10.51 billion, a price-to-earnings ratio of 22.57, a price-to-earnings-growth ratio of 1.26 and a beta of 0.66. The stock's 50 day moving average is $463.17 and its 200 day moving average is $420.66. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.58 and a quick ratio of 1.58. CACI International, Inc. has a 12-month low of $318.60 and a 12-month high of $588.26.
CACI International (NYSE:CACI - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The information technology services provider reported $6.23 earnings per share 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 return on equity of 15.23% and a net margin of 5.70%. The firm's revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.74 earnings per share. On average, research analysts expect that CACI International, Inc. will post 23.94 EPS for the current year.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on CACI. Raymond James Financial restated a "market perform" rating on shares of CACI International in a report on Tuesday, July 8th. UBS Group reissued a "buy" rating on shares of CACI International in a research report on Friday, April 25th. Cowen reaffirmed a "buy" rating on shares of CACI International in a research report on Monday, April 28th. Wells Fargo & Company upped their price objective on shares of CACI International from $438.00 to $513.00 and gave the stock an "overweight" rating in a research report on Monday, April 28th. Finally, Stifel Nicolaus started coverage on CACI International in a research note on Tuesday, June 24th. They issued a "buy" rating and a $576.00 price objective for the company. One analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, CACI International currently has an average rating of "Moderate Buy" and a consensus price target of $520.31.
Check Out Our Latest Stock Analysis on CACI International
About CACI International
(
Free Report)
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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