Pinebridge Investments L.P. Has $2.49 Million Position in CACI International Inc (NYSE:CACI)

Pinebridge Investments L.P. grew its position in CACI International Inc (NYSE:CACI - Free Report) by 42.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,150 shares of the information technology services provider's stock after purchasing an additional 1,823 shares during the quarter. Pinebridge Investments L.P.'s holdings in CACI International were worth $2,485,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of CACI. Sterling Capital Management LLC increased its stake in shares of CACI International by 256.0% in the fourth quarter. Sterling Capital Management LLC now owns 74,708 shares of the information technology services provider's stock worth $30,187,000 after purchasing an additional 53,724 shares during the period. Van ECK Associates Corp increased its position in CACI International by 35.2% in the 4th quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider's stock worth $63,477,000 after buying an additional 40,867 shares during the period. River Road Asset Management LLC acquired a new position in shares of CACI International during the fourth quarter worth approximately $8,585,000. Russell Investments Group Ltd. boosted its position in shares of CACI International by 51.9% in 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 period. Finally, Fort Washington Investment Advisors Inc. OH grew its stake in shares of CACI International by 36.4% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 53,005 shares of the information technology services provider's stock worth $21,417,000 after acquiring an additional 14,141 shares during the last quarter. 86.43% of the stock is currently owned by institutional investors and hedge funds.

CACI International Price Performance

Shares of NYSE CACI traded up $8.55 during trading on Wednesday, reaching $457.70. The company had a trading volume of 352,601 shares, compared to its average volume of 271,847. CACI International Inc has a 52 week low of $318.60 and a 52 week high of $588.26. The business's 50 day moving average price is $385.31 and its 200-day moving average price is $427.22. The stock has a market cap of $10.26 billion, a PE ratio of 21.47, a PEG ratio of 1.01 and a beta of 0.78. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.52 and a current ratio of 1.52.

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

Insiders Place Their Bets

In other news, Director Debora A. Plunkett sold 309 shares of the firm's stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $363.62, for a total value of $112,358.58. Following the transaction, the director now directly owns 2,315 shares in the company, valued at $841,780.30. This trade represents a 11.78 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.35% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on CACI shares. Wells Fargo & Company upped their target price on shares of CACI International from $438.00 to $513.00 and gave the company an "overweight" rating in a research note on Monday. TD Cowen decreased their target price on CACI International from $610.00 to $480.00 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. Jefferies Financial Group lowered their price target on CACI International from $520.00 to $455.00 and set a "buy" rating on the stock in a research note on Tuesday, March 25th. Cantor Fitzgerald upgraded CACI International to a "strong-buy" rating in a research report on Tuesday, February 25th. Finally, Raymond James restated an "outperform" rating and set a $490.00 price objective (up from $475.00) on shares of CACI International in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $515.67.

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.