Central Pacific Bank Trust Division Cuts Stake in CACI International Inc (NYSE:CACI)

Central Pacific Bank Trust Division reduced its position in CACI International Inc (NYSE:CACI) by 87.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 340 shares of the information technology services provider’s stock after selling 2,390 shares during the quarter. Central Pacific Bank Trust Division’s holdings in CACI International were worth $172,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Versant Capital Management Inc grew its holdings in CACI International by 900.0% in the second quarter. Versant Capital Management Inc now owns 100 shares of the information technology services provider’s stock worth $43,000 after purchasing an additional 90 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its stake in shares of CACI International by 35.1% during the second quarter. GPS Wealth Strategies Group LLC now owns 404 shares of the information technology services provider’s stock worth $174,000 after buying an additional 105 shares during the period. Covestor Ltd lifted its stake in shares of CACI International by 8.9% during the first quarter. Covestor Ltd now owns 624 shares of the information technology services provider’s stock worth $237,000 after buying an additional 51 shares during the period. Fifth Third Wealth Advisors LLC acquired a new stake in shares of CACI International during the second quarter worth $318,000. Finally, LRI Investments LLC acquired a new stake in shares of CACI International during the first quarter worth $293,000. 86.43% of the stock is owned by hedge funds and other institutional investors.

CACI International Trading Down 0.0 %

Shares of CACI International stock opened at $512.13 on Friday. The firm has a 50-day simple moving average of $475.04 and a two-hundred day simple moving average of $433.32. The company has a market cap of $11.42 billion, a P/E ratio of 29.59, a price-to-earnings-growth ratio of 2.11 and a beta of 0.93. CACI International Inc has a fifty-two week low of $302.21 and a fifty-two week high of $515.16. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.27 and a current ratio of 1.27.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, August 7th. The information technology services provider reported $6.61 earnings per share for the quarter, topping analysts’ consensus estimates of $5.93 by $0.68. The business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.93 billion. CACI International had a net margin of 5.48% and a return on equity of 14.31%. The company’s revenue was up 19.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $5.30 earnings per share. As a group, equities analysts predict that CACI International Inc will post 23.07 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CACI. Raymond James downgraded shares of CACI International from an “outperform” rating to a “market perform” rating in a research note on Monday, August 5th. Barclays lifted their price objective on shares of CACI International from $450.00 to $500.00 and gave the stock an “overweight” rating in a research note on Monday, August 12th. JPMorgan Chase & Co. lifted their price objective on shares of CACI International from $520.00 to $555.00 and gave the stock an “overweight” rating in a research note on Wednesday. TD Cowen lifted their price objective on shares of CACI International from $435.00 to $480.00 and gave the stock a “buy” rating in a research note on Friday, July 12th. Finally, Bank of America boosted their target price on shares of CACI International from $535.00 to $555.00 and gave the company a “buy” rating in a research report on Tuesday, September 17th. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, CACI International currently has an average rating of “Moderate Buy” and an average target price of $485.60.

Insider Transactions at CACI International

In other news, insider Gregory R. Bradford sold 10,000 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the completion of the sale, the insider now owns 35,538 shares of the company’s stock, valued at $17,499,266.58. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, EVP J William Koegel, Jr. sold 970 shares of the company’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $483.27, for a total transaction of $468,771.90. Following the completion of the sale, the executive vice president now owns 22,651 shares of the company’s stock, valued at approximately $10,946,548.77. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Gregory R. Bradford sold 10,000 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the sale, the insider now directly owns 35,538 shares of the company’s stock, valued at approximately $17,499,266.58. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 21,270 shares of company stock valued at $10,165,972 over the last 90 days. Corporate insiders own 1.23% of the company’s stock.

CACI International Company Profile

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.