Snyder Capital Management L P Decreases Stake in CACI International Inc (NYSE:CACI)

Snyder Capital Management L P lessened its position in shares of CACI International Inc (NYSE:CACI - Free Report) by 6.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 234,875 shares of the information technology services provider's stock after selling 16,140 shares during the period. CACI International makes up approximately 2.0% of Snyder Capital Management L P's investment portfolio, making the stock its 18th largest position. Snyder Capital Management L P owned about 1.05% of CACI International worth $94,904,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in CACI. UMB Bank n.a. raised its position in shares of 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 valued at $43,000 after buying an additional 29 shares in the last quarter. GAMMA Investing LLC raised its position in shares of CACI International by 69.4% in the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider's stock valued at $49,000 after buying an additional 50 shares in the last quarter. AMJ Financial Wealth Management raised its position in shares of CACI International by 1.8% in the fourth quarter. AMJ Financial Wealth Management now owns 3,988 shares of the information technology services provider's stock valued at $1,611,000 after buying an additional 70 shares in the last quarter. Kendall Capital Management raised its position 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. Finally, Cornerstone Investment Partners LLC raised its position in CACI International by 4.4% during the fourth quarter. Cornerstone Investment Partners LLC now owns 2,017 shares of the information technology services provider's stock valued at $815,000 after purchasing an additional 85 shares in the last quarter. Institutional investors own 86.43% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on CACI shares. UBS Group restated a "buy" rating on shares of CACI International in a research report on Friday. Barclays upped their price objective on CACI International from $450.00 to $510.00 and gave the company an "overweight" rating in a research note on Tuesday. StockNews.com downgraded CACI International from a "buy" rating to a "hold" rating in a research note on Saturday, January 25th. Raymond James reissued an "outperform" rating and set a $490.00 target price (up previously from $475.00) on shares of CACI International in a research report on Thursday, January 23rd. Finally, Wells Fargo & Company increased their price target on CACI International from $438.00 to $513.00 and gave the stock an "overweight" rating in a report on Monday. One research 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 MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $515.67.

Insider Activity

In related news, Director Debora A. Plunkett sold 309 shares of the company'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 transaction of $112,358.58. Following the sale, the director now owns 2,315 shares of the company's stock, valued at approximately $841,780.30. This represents a 11.78 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.35% of the company's stock.

CACI International Stock Performance

CACI traded up $5.70 during trading hours on Wednesday, hitting $454.85. The stock had a trading volume of 107,635 shares, compared to its average volume of 543,461. CACI International Inc has a 1 year low of $318.60 and a 1 year high of $588.26. The company's fifty day simple moving average is $385.31 and its 200 day simple moving average is $427.22. The stock has a market cap of $10.20 billion, a PE ratio of 21.33, a price-to-earnings-growth ratio of 1.01 and a beta of 0.78. 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 posted its quarterly earnings results on Wednesday, April 23rd. The information technology services provider reported $6.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.53 by $0.70. CACI International had a net margin of 5.90% and a return on equity of 15.30%. The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.13 billion. During the same quarter in the previous year, the firm posted $5.74 earnings per share. The company's quarterly revenue was up 11.8% compared to the same quarter last year. Equities analysts anticipate that CACI International Inc will post 23.94 earnings per share for the current year.

About CACI International

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.