Public Employees Retirement System of Ohio bought a new position in CACI International, Inc. (NYSE:CACI – Free Report) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 6,232 shares of the information technology services provider’s stock, valued at approximately $2,887,000.
Several other hedge funds and other institutional investors also recently modified their holdings of the company. Bogart Wealth LLC grew its position in shares of CACI International by 2,350.0% during the first quarter. Bogart Wealth LLC now owns 49 shares of the information technology services provider’s stock worth $27,000 after acquiring an additional 47 shares during the last quarter. Elyxium Wealth LLC bought a new stake in CACI International in the 4th quarter valued at about $29,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in CACI International in the 2nd quarter valued at about $32,000. First Bancorp Inc ME acquired a new position in CACI International during the 2nd quarter valued at about $32,000. Finally, Los Angeles Capital Management LLC bought a new position in CACI International in the 4th quarter worth about $54,000. Institutional investors and hedge funds own 86.43% of the company’s stock.
CACI International Stock Down 1.2%
NYSE CACI opened at $622.51 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.48 and a quick ratio of 1.48. The company’s 50 day simple moving average is $553.77 and its 200 day simple moving average is $545.25. CACI International, Inc. has a 12 month low of $434.70 and a 12 month high of $683.50. The company has a market capitalization of $13.76 billion, a P/E ratio of 25.78, a PEG ratio of 1.78 and a beta of 0.57.
Analysts Set New Price Targets
A number of research firms have recently weighed in on CACI. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of CACI International in a report on Friday, August 14th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $675.00 target price on shares of CACI International in a research note on Wednesday, July 22nd. Stifel Nicolaus set a $892.00 price target on CACI International in a research report on Thursday, August 6th. BNP Paribas Exane started coverage on CACI International in a research note on Wednesday, May 27th. They issued a “neutral” rating and a $550.00 price target for the company. Finally, TD Cowen cut their price objective on shares of CACI International from $625.00 to $550.00 and set a “buy” rating on the stock in a research note on Tuesday, July 7th. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $697.55.
Read Our Latest Research Report on CACI
CACI International Profile
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.
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