Eagle Asset Management Inc. Increases Position in CACI International Inc. (CACI)
Eagle Asset Management Inc. increased its stake in CACI International Inc. (NYSE:CACI) by 0.5% during the third quarter, Holdings Channel reports. The institutional investor owned 144,041 shares of the company’s stock after buying an additional 769 shares during the period. Eagle Asset Management Inc.’s holdings in CACI International were worth $14,533,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of CACI. O Shaughnessy Asset Management LLC raised its stake in CACI International by 23.7% in the second quarter. O Shaughnessy Asset Management LLC now owns 1,171 shares of the company’s stock valued at $106,000 after buying an additional 224 shares in the last quarter. US Bancorp DE raised its stake in shares of CACI International by 63.5% in the second quarter. US Bancorp DE now owns 2,422 shares of the company’s stock valued at $218,000 after buying an additional 941 shares during the period. Societe Generale acquired a new stake in shares of CACI International during the second quarter valued at $251,000. Amalgamated Bank raised its stake in shares of CACI International by 11.6% in the second quarter. Amalgamated Bank now owns 2,896 shares of the company’s stock valued at $274,000 after buying an additional 300 shares during the period. Finally, PineBridge Investments L.P. raised its stake in shares of CACI International by 4.1% in the second quarter. PineBridge Investments L.P. now owns 3,084 shares of the company’s stock valued at $279,000 after buying an additional 121 shares during the period. Institutional investors own 89.74% of the company’s stock.
Shares of CACI International Inc. (NYSE:CACI) traded down 0.77% during trading on Wednesday, hitting $129.65. 61,178 shares of the company’s stock were exchanged. CACI International Inc. has a 1-year low of $78.08 and a 1-year high of $132.94. The stock’s 50-day moving average price is $109.41 and its 200-day moving average price is $99.90. The stock has a market cap of $3.16 billion, a PE ratio of 22.24 and a beta of 1.82.
CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, October 26th. The company reported $2.07 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.25 by $0.82. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.02 billion. CACI International had a net margin of 3.62% and a return on equity of 11.21%. The company’s revenue was up 30.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.40 earnings per share. On average, equities analysts expect that CACI International Inc. will post $6.28 earnings per share for the current fiscal year.
Several brokerages have recently weighed in on CACI. Drexel Hamilton began coverage on shares of CACI International in a research report on Wednesday, November 16th. They set a “buy” rating on the stock. Zacks Investment Research upgraded shares of CACI International from a “hold” rating to a “buy” rating and set a $112.00 target price on the stock in a research report on Tuesday, September 6th. FBR & Co reiterated a “hold” rating and set a $94.00 target price on shares of CACI International in a research report on Monday, October 31st. Jefferies Group reiterated a “hold” rating and set a $96.00 target price on shares of CACI International in a research report on Thursday, August 18th. Finally, Noble Financial lowered shares of CACI International from a “buy” rating to a “hold” rating in a research report on Tuesday, November 15th. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. CACI International presently has a consensus rating of “Buy” and an average target price of $102.50.
In related news, Director Warren R. Phillips sold 255 shares of the company’s stock in a transaction dated Thursday, September 1st. The shares were sold at an average price of $98.73, for a total value of $25,176.15. Following the transaction, the director now directly owns 5,352 shares in the company, valued at $528,402.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Thomas A. Mutryn sold 1,287 shares of the company’s stock in a transaction dated Thursday, October 27th. The shares were sold at an average price of $105.00, for a total transaction of $135,135.00. Following the completion of the transaction, the chief financial officer now owns 46,236 shares in the company, valued at $4,854,780. The disclosure for this sale can be found here. 1.15% of the stock is currently owned by insiders.
CACI International Company Profile
CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.
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