Lord Abbett & CO. LLC Has $25.81 Million Stock Holdings in CACI International Inc (NYSE:CACI)

Lord Abbett & CO. LLC raised its stake in CACI International Inc (NYSE:CACI - Free Report) by 8.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,882 shares of the information technology services provider's stock after buying an additional 4,846 shares during the period. Lord Abbett & CO. LLC owned about 0.28% of CACI International worth $25,812,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of CACI. UMB Bank n.a. grew its position in CACI International by 37.2% in the fourth quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider's stock worth $43,000 after acquiring an additional 29 shares during the period. GAMMA Investing LLC raised its position in CACI International by 69.4% during the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider's stock worth $49,000 after buying an additional 50 shares during the last quarter. VSM Wealth Advisory LLC purchased a new stake in shares of CACI International during the 4th quarter worth $69,000. Jones Financial Companies Lllp raised its holdings 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 purchasing an additional 163 shares during the last quarter. Finally, Central Pacific Bank Trust Division lifted its stake in CACI International by 44.1% in the 4th quarter. Central Pacific Bank Trust Division now owns 490 shares of the information technology services provider's stock valued at $198,000 after buying an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 86.43% of the company's stock.

Analyst Ratings Changes

CACI has been the topic of a number of recent research reports. Cantor Fitzgerald raised shares of CACI International to a "strong-buy" rating in a research report on Tuesday, February 25th. William Blair downgraded shares of CACI International from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Wells Fargo & Company increased their target price on CACI International from $438.00 to $513.00 and gave the company an "overweight" rating in a report on Monday. TD Cowen dropped their price target on shares of CACI International from $610.00 to $480.00 and set a "buy" rating on the stock in a research note on Wednesday, January 8th. Finally, UBS Group reaffirmed a "buy" rating on shares of CACI International in a report on Friday, April 25th. One analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $515.67.

Insider Buying and Selling at CACI International

In other news, Director Debora A. Plunkett sold 309 shares of the business's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total transaction of $112,358.58. Following the completion of the transaction, the director now owns 2,315 shares of the company's stock, valued at approximately $841,780.30. The trade was a 11.78 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.35% of the stock is currently owned by corporate insiders.

CACI International Stock Performance

Shares of NYSE CACI traded up $4.16 during midday trading on Friday, reaching $463.03. The company had a trading volume of 181,049 shares, compared to its average volume of 272,692. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.80. The business's 50-day simple moving average is $390.56 and its 200 day simple moving average is $426.95. CACI International Inc has a 1 year low of $318.60 and a 1 year high of $588.26. The stock has a market cap of $10.38 billion, a P/E ratio of 21.72, a P/E/G ratio of 1.01 and a beta of 0.78.

CACI International (NYSE:CACI - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The information technology services provider reported $6.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.53 by $0.70. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.13 billion. CACI International had a net margin of 5.90% and a return on equity of 15.30%. The business's revenue was up 11.8% on a year-over-year basis. During the same period in the previous year, the firm earned $5.74 EPS. On average, analysts forecast that CACI International Inc will post 23.94 earnings per share for the current fiscal year.

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.