New York State Teachers Retirement System Sells 2,400 Shares of CACI International, Inc. (NYSE:CACI)

New York State Teachers Retirement System reduced its stake in shares of CACI International, Inc. (NYSE:CACI - Free Report) by 8.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,577 shares of the information technology services provider's stock after selling 2,400 shares during the quarter. New York State Teachers Retirement System owned 0.11% of CACI International worth $9,018,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of CACI. Jones Financial Companies Lllp raised its stake in CACI International by 452.8% during the fourth quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider's stock worth $80,000 after acquiring an additional 163 shares in the last quarter. Kendall Capital Management increased its stake in shares of CACI International by 6.2% in the fourth quarter. Kendall Capital Management now owns 1,294 shares of the information technology services provider's stock valued at $523,000 after buying an additional 75 shares in the last quarter. River Road Asset Management LLC acquired a new stake in shares of CACI International in the fourth quarter valued at $8,585,000. VSM Wealth Advisory LLC acquired a new stake in shares of CACI International in the fourth quarter valued at $69,000. Finally, Quantbot Technologies LP acquired a new stake in shares of CACI International in the fourth quarter valued at $4,023,000. 86.43% of the stock is currently owned by institutional investors and hedge funds.

CACI International Trading Down 3.0%

CACI International stock traded down $15.08 during mid-day trading on Tuesday, hitting $489.92. The stock had a trading volume of 294,365 shares, compared to its average volume of 307,029. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.82. CACI International, Inc. has a 12 month low of $318.60 and a 12 month high of $588.26. The stock has a market capitalization of $10.77 billion, a PE ratio of 23.12, a P/E/G ratio of 1.32 and a beta of 0.66. The stock has a 50-day simple moving average of $461.09 and a two-hundred day simple moving average of $416.37.

CACI International (NYSE:CACI - Get Free Report) last issued 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. CACI International had a return on equity of 15.23% and a net margin of 5.70%. The firm had revenue of $2.17 billion for the quarter, compared to analysts' expectations of $2.13 billion. During the same quarter last year, the business earned $5.74 earnings per share. The company's revenue was up 11.8% compared to the same quarter last year. As a group, sell-side analysts forecast that CACI International, Inc. will post 23.94 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. William Blair upgraded CACI International from a "market perform" rating to an "outperform" rating in a research note on Monday. Cowen restated a "buy" rating on shares of CACI International in a research note on Monday, April 28th. Stifel Nicolaus assumed coverage on CACI International in a research note on Tuesday, June 24th. They issued a "buy" rating and a $576.00 target price for the company. Raymond James Financial restated a "market perform" rating on shares of CACI International in a research note on Tuesday. Finally, Jefferies Financial Group lowered their target price on 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 research analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $520.31.

CACI International 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.