New Age Alpha Advisors LLC bought a new stake in shares of CACI International Inc (NYSE:CACI – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund bought 13,258 shares of the information technology services provider’s stock, valued at approximately $5,357,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Geode Capital Management LLC grew its stake in CACI International by 5.0% in the third quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock valued at $243,386,000 after purchasing an additional 22,823 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of CACI International by 1.2% during the 4th quarter. Bank of New York Mellon Corp now owns 429,256 shares of the information technology services provider’s stock worth $173,445,000 after acquiring an additional 5,248 shares in the last quarter. Van ECK Associates Corp lifted its position in 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 valued at $63,477,000 after acquiring an additional 40,867 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in CACI International by 37.1% in the third quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock valued at $29,745,000 after acquiring an additional 15,961 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH grew its holdings in CACI International by 36.4% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 53,005 shares of the information technology services provider’s stock worth $21,417,000 after purchasing an additional 14,141 shares during the last quarter. Institutional investors own 86.43% of the company’s stock.
Insider Buying and Selling at CACI International
In other CACI International news, Director Debora A. Plunkett sold 309 shares of CACI International stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total value of $112,358.58. Following the completion of the transaction, the director now owns 2,315 shares of the company’s stock, valued at approximately $841,780.30. The trade was a 11.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.35% of the stock is currently owned by corporate insiders.
CACI International Trading Down 0.6 %
CACI International (NYSE:CACI – Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share for the quarter, beating 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%. Equities research analysts predict that CACI International Inc will post 23.94 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on CACI. The Goldman Sachs Group lowered CACI International from a “neutral” rating to a “sell” rating and decreased their price objective for the company from $540.00 to $373.00 in a report on Thursday, December 12th. UBS Group began coverage on CACI International in a report on Monday, December 2nd. They issued a “buy” rating and a $557.00 price target for the company. StockNews.com downgraded shares of CACI International from a “buy” rating to a “hold” rating in a report on Saturday, January 25th. Jefferies Financial Group lowered their target price on shares of CACI International from $520.00 to $455.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, TD Cowen cut their price target on shares of CACI International from $610.00 to $480.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. One analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $517.31.
Get Our Latest Stock Report on CACI
CACI International 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.
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