Kennedy Capital Management LLC boosted its position in CACI International Inc (NYSE:CACI - Free Report) by 78.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,162 shares of the information technology services provider's stock after buying an additional 7,111 shares during the quarter. Kennedy Capital Management LLC owned approximately 0.07% of CACI International worth $6,530,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of CACI. Applied Finance Capital Management LLC acquired a new stake in shares of CACI International during the fourth quarter valued at about $219,000. Russell Investments Group Ltd. raised its stake in shares of CACI International by 51.9% during the fourth quarter. Russell Investments Group Ltd. now owns 46,919 shares of the information technology services provider's stock valued at $18,936,000 after acquiring an additional 16,037 shares during the last quarter. Geode Capital Management LLC grew its position in CACI International by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 490,941 shares of the information technology services provider's stock valued at $198,417,000 after purchasing an additional 8,667 shares during the last quarter. CIBC Private Wealth Group LLC lifted its holdings in CACI International by 95.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,162 shares of the information technology services provider's stock valued at $483,000 after acquiring an additional 567 shares during the period. Finally, Ramirez Asset Management Inc. grew its holdings in CACI International by 287.2% during the 4th quarter. Ramirez Asset Management Inc. now owns 2,490 shares of the information technology services provider's stock valued at $1,006,000 after buying an additional 1,847 shares in the last quarter. 86.43% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several analysts have weighed in on the stock. Cantor Fitzgerald raised shares of CACI International to a "strong-buy" rating in a research report on Tuesday, February 25th. StockNews.com downgraded shares of CACI International from a "buy" rating to a "hold" rating in a research report on Saturday, January 25th. Truist Financial decreased their price target on shares of CACI International from $550.00 to $475.00 and set a "buy" rating on the stock in a research note on Monday. William Blair lowered CACI International from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Finally, Raymond James reissued an "outperform" rating and issued a $490.00 price objective (up from $475.00) on shares of CACI International in a report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $508.31.
Check Out Our Latest Report on CACI
CACI International Stock Performance
Shares of CACI stock traded up $7.91 on Thursday, hitting $422.84. The company had a trading volume of 134,159 shares, compared to its average volume of 259,541. The firm has a market cap of $9.48 billion, a P/E ratio of 19.82, a price-to-earnings-growth ratio of 1.01 and a beta of 0.78. CACI International Inc has a twelve month low of $318.60 and a twelve month high of $588.26. The company has a 50-day moving average price of $369.99 and a 200-day moving average price of $432.54. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.80.
CACI International (NYSE:CACI - Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS for the quarter, beating analysts' consensus estimates of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. As a group, equities research analysts predict that CACI International Inc will post 23.94 earnings per share for the current fiscal year.
Insider Activity at CACI International
In related news, Director Debora A. Plunkett sold 309 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total value of $112,358.58. Following the completion of the transaction, the director now owns 2,315 shares in the company, valued at $841,780.30. The trade was a 11.78 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.35% of the stock is owned by corporate insiders.
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.
Featured Articles
Before you consider CACI International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CACI International wasn't on the list.
While CACI International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
