Rhumbline Advisers Sells 350 Shares of CACI International Inc (NYSE:CACI)

Rhumbline Advisers lessened its position in shares of CACI International Inc (NYSE:CACI) by 0.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,620 shares of the information technology services provider’s stock after selling 350 shares during the period. Rhumbline Advisers owned approximately 0.29% of CACI International worth $26,514,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Van ECK Associates Corp boosted its holdings in shares of CACI International by 35.2% during the fourth quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider’s stock worth $63,477,000 after acquiring an additional 40,867 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of CACI International by 15.3% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,466 shares of the information technology services provider’s stock valued at $1,805,000 after buying an additional 592 shares during the period. RNC Capital Management LLC bought a new stake in shares of CACI International in the fourth quarter valued at approximately $315,000. Trust Point Inc. bought a new stake in shares of CACI International in the fourth quarter valued at approximately $457,000. Finally, Running Oak Capital LLC boosted its stake in shares of CACI International by 8.9% in the fourth quarter. Running Oak Capital LLC now owns 31,139 shares of the information technology services provider’s stock valued at $12,582,000 after buying an additional 2,533 shares during the period. Institutional investors own 86.43% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CACI. Barclays boosted their price target on CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a research note on Tuesday, November 12th. Truist Financial cut their price target on CACI International from $650.00 to $550.00 and set a “buy” rating for the company in a research note on Friday, November 22nd. TD Cowen cut their price target on CACI International from $610.00 to $480.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. The Goldman Sachs Group cut CACI International from a “neutral” rating to a “sell” rating and cut their price target for the company from $540.00 to $373.00 in a research note on Thursday, December 12th. Finally, Robert W. Baird restated an “outperform” rating and set a $640.00 price objective on shares of CACI International in a research report on Tuesday, December 17th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $526.23.

CACI International Stock Up 1.6 %

Shares of NYSE:CACI opened at $344.66 on Thursday. The company has a fifty day moving average of $403.16 and a 200-day moving average of $461.58. The company has a market capitalization of $7.73 billion, a PE ratio of 16.17, a price-to-earnings-growth ratio of 1.00 and a beta of 0.87. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.52 and a current ratio of 1.52. CACI International Inc has a 52-week low of $332.52 and a 52-week high of $588.26.

CACI International (NYSE:CACI) last announced its quarterly earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. On average, equities analysts predict that CACI International Inc will post 23.94 EPS for the current fiscal year.

CACI International Company Profile

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.