Glenmede Trust Co. NA Trims Stake in CACI International, Inc. $CACI

Glenmede Trust Co. NA reduced its stake in CACI International, Inc. (NYSE:CACI) by 8.6% during the first quarter, Holdings Channel.com reports. The firm owned 37,230 shares of the information technology services provider’s stock after selling 3,505 shares during the quarter. Glenmede Trust Co. NA’s holdings in CACI International were worth $20,248,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Jones Financial Companies Lllp increased its position in CACI International by 344.7% in the first quarter. Jones Financial Companies Lllp now owns 885 shares of the information technology services provider’s stock worth $325,000 after buying an additional 686 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of CACI International by 595.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 146 shares of the information technology services provider’s stock valued at $70,000 after buying an additional 125 shares in the last quarter. Baird Financial Group Inc. lifted its position in shares of CACI International by 3.7% during the 2nd quarter. Baird Financial Group Inc. now owns 4,416 shares of the information technology services provider’s stock valued at $2,105,000 after buying an additional 157 shares in the last quarter. Jump Financial LLC bought a new position in shares of CACI International during the 2nd quarter valued at approximately $423,000. Finally, Ameriprise Financial Inc. grew its stake in shares of CACI International by 22.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 298,615 shares of the information technology services provider’s stock valued at $142,346,000 after acquiring an additional 54,905 shares during the period. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

CACI International Stock Performance

NYSE:CACI opened at $499.53 on Friday. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 1.20. CACI International, Inc. has a 12-month low of $434.70 and a 12-month high of $683.50. The stock has a 50-day moving average price of $490.52 and a 200 day moving average price of $543.80. The stock has a market capitalization of $11.03 billion, a P/E ratio of 20.61, a P/E/G ratio of 1.54 and a beta of 0.54.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on CACI shares. Weiss Ratings lowered shares of CACI International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 19th. BNP Paribas Exane began coverage on shares of CACI International in a report on Wednesday, May 27th. They set a “neutral” rating and a $550.00 price target on the stock. Cantor Fitzgerald reiterated an “overweight” rating and issued a $675.00 price target on shares of CACI International in a research report on Wednesday, July 22nd. TD Cowen reduced their price objective on shares of CACI International from $625.00 to $550.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Finally, Citigroup decreased their price objective on shares of CACI International from $555.00 to $519.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, CACI International presently has a consensus rating of “Moderate Buy” and a consensus price target of $609.09.

About CACI International

CACI International Inc is a leading provider of information solutions and services to the U.S. federal government, with a primary focus on defense, intelligence, homeland security and federal civilian agencies. The company delivers advanced technology and domain expertise to support mission-critical operations, offering capabilities in areas such as data analytics, cyber security, network integration, enterprise IT modernization and logistics support. By integrating software, hardware and professional services, CACI helps clients enhance situational awareness, improve decision making and maintain critical infrastructure resilience.

Founded in 1962 and headquartered in Arlington, Virginia, CACI has evolved from a small consulting operation into a global enterprise.