CACI International (NYSE:CACI) Downgraded by William Blair to Market Perform

William Blair cut shares of CACI International (NYSE:CACI) from an outperform rating to a market perform rating in a research note published on Friday morning, Marketbeat reports.

Several other brokerages have also recently weighed in on CACI. UBS Group began coverage on shares of CACI International in a research report on Monday, December 2nd. They issued a “buy” rating and a $557.00 price target for the company. Truist Financial dropped their price objective on shares of CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a report on Friday, November 22nd. Robert W. Baird reiterated an “outperform” rating and set a $640.00 price target on shares of CACI International in a research report on Tuesday, December 17th. Barclays increased their target price on CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a research report on Tuesday, November 12th. Finally, TD Cowen cut their price objective 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. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $526.23.

CACI International Trading Down 4.4 %

Shares of CACI stock opened at $326.55 on Friday. The company has a market cap of $7.32 billion, a PE ratio of 15.32, a price-to-earnings-growth ratio of 1.02 and a beta of 0.87. CACI International has a 1 year low of $318.60 and a 1 year high of $588.26. The stock’s 50 day simple moving average is $400.05 and its two-hundred day simple moving average is $459.94. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52.

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

Institutional Trading of CACI International

A number of hedge funds have recently made changes to their positions in CACI. First Horizon Advisors Inc. increased its holdings in CACI International by 40.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock worth $32,000 after purchasing an additional 18 shares during the last quarter. Coastline Trust Co acquired a new position in CACI International in the third quarter worth about $45,000. UMB Bank n.a. raised its position in shares of CACI International by 37.2% during the 4th quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock valued at $43,000 after acquiring an additional 29 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of CACI International by 69.4% during the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock worth $49,000 after purchasing an additional 50 shares during the period. Finally, VSM Wealth Advisory LLC acquired a new position in shares of CACI International in the 4th quarter valued at about $69,000. Hedge funds and other institutional investors own 86.43% of the company’s stock.

About CACI International

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.