Cardinal Capital Management boosted its position in shares of CACI International Inc. (NYSE:CACI) by 5.5% during the second quarter, Holdings Channel reports. The firm owned 4,170 shares of the company’s stock after buying an additional 219 shares during the period. Cardinal Capital Management’s holdings in CACI International were worth $377,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp raised its stake in shares of CACI International by 1.6% in the first quarter. State Street Corp now owns 483,452 shares of the company’s stock worth $51,585,000 after buying an additional 7,540 shares in the last quarter. Norges Bank bought a new stake in shares of CACI International during the fourth quarter worth $37,581,000. Geode Capital Management LLC raised its stake in shares of CACI International by 12.4% in the first quarter. Geode Capital Management LLC now owns 172,703 shares of the company’s stock worth $18,427,000 after buying an additional 18,999 shares in the last quarter. Teachers Advisors Inc. raised its stake in shares of CACI International by 359.6% in the first quarter. Teachers Advisors Inc. now owns 165,458 shares of the company’s stock worth $17,654,000 after buying an additional 129,456 shares in the last quarter. Finally, Eagle Asset Management Inc. raised its stake in shares of CACI International by 15.5% in the second quarter. Eagle Asset Management Inc. now owns 143,272 shares of the company’s stock worth $12,953,000 after buying an additional 19,225 shares in the last quarter. Institutional investors own 92.01% of the company’s stock.
Shares of CACI International Inc. (NYSE:CACI) traded down 0.47% during trading on Tuesday, hitting $100.30. 62,621 shares of the stock traded hands. CACI International Inc. has a 1-year low of $77.50 and a 1-year high of $111.13. The firm has a market capitalization of $2.44 billion, a price-to-earnings ratio of 17.41 and a beta of 1.68. The firm has a 50-day moving average of $98.96 and a 200-day moving average of $98.19.
CACI International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, August 17th. The company reported $2.35 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.58 by $0.77. CACI International had a net margin of 3.79% and a return on equity of 11.10%. The company earned $1.11 billion during the quarter. During the same quarter last year, the company earned $1.68 earnings per share. The company’s quarterly revenue was up 28.7% compared to the same quarter last year. On average, equities analysts forecast that CACI International Inc. will post $6.23 earnings per share for the current year.
CACI has been the subject of a number of research reports. Jefferies Group reissued a “hold” rating and issued a $96.00 price target (down previously from $98.00) on shares of CACI International in a report on Wednesday, July 6th. Noble Financial raised shares of CACI International from a “hold” rating to a “buy” rating in a report on Friday, June 24th. Stifel Nicolaus lowered their target price on shares of CACI International from $120.00 to $110.00 and set a “buy” rating for the company in a report on Thursday, June 23rd. Wells Fargo & Co. lowered shares of CACI International from an “outperform” rating to a “market perform” rating in a report on Thursday, June 23rd. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $97.00 target price (down previously from $103.00) on shares of CACI International in a report on Friday, June 24th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. CACI International currently has a consensus rating of “Buy” and an average target price of $101.92.
In other news, Director Warren R. Phillips sold 255 shares of the stock in a transaction on Thursday, September 1st. The shares were sold at an average price of $98.73, for a total transaction of $25,176.15. Following the completion of the sale, the director now directly owns 5,352 shares in the company, valued at $528,402.96. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director James L. Pavitt sold 1,000 shares of the stock in a transaction on Thursday, August 25th. The stock was sold at an average price of $98.45, for a total transaction of $98,450.00. Following the sale, the director now owns 6,978 shares of the company’s stock, valued at $686,984.10. The disclosure for this sale can be found here. Insiders own 1.11% of the company’s stock.
CACI International Company Profile
CACI International Inc (CACI) is a simulation technology company. The Company serves clients in the United States federal government and commercial markets throughout North America and internationally on behalf of United States customers, as well as in the United Kingdom and the Netherlands. It operates two units: domestic operations and international operations.
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