Rhumbline Advisers increased its stake in shares of CACI International Inc (NYSE:CACI) by 14.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,955 shares of the information technology services provider’s stock after acquiring an additional 8,263 shares during the quarter. Rhumbline Advisers owned about 0.26% of CACI International worth $8,464,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. First Quadrant L P CA raised its stake in CACI International by 46.4% during the 4th quarter. First Quadrant L P CA now owns 19,930 shares of the information technology services provider’s stock worth $2,638,000 after acquiring an additional 6,321 shares in the last quarter. Arizona State Retirement System increased its stake in CACI International by 225.0% in the fourth quarter. Arizona State Retirement System now owns 41,382 shares of the information technology services provider’s stock valued at $5,477,000 after purchasing an additional 28,650 shares during the period. Cigna Investments Inc. New increased its stake in CACI International by 68.1% in the fourth quarter. Cigna Investments Inc. New now owns 5,579 shares of the information technology services provider’s stock valued at $738,000 after purchasing an additional 2,261 shares during the period. Ferguson Wellman Capital Management Inc. acquired a new position in CACI International in the fourth quarter valued at $10,834,000. Finally, New York State Common Retirement Fund increased its stake in CACI International by 2.5% in the third quarter. New York State Common Retirement Fund now owns 32,629 shares of the information technology services provider’s stock valued at $4,547,000 after purchasing an additional 800 shares during the period. Hedge funds and other institutional investors own 89.50% of the company’s stock.
A number of research analysts have commented on CACI shares. Credit Suisse Group lowered shares of CACI International from an “outperform” rating to a “neutral” rating in a research note on Friday, January 12th. Stifel Nicolaus restated a “buy” rating and issued a $151.00 price objective on shares of CACI International in a research note on Tuesday, November 21st. Noble Financial restated a “buy” rating on shares of CACI International in a research note on Monday, November 13th. BidaskClub lowered shares of CACI International from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. Finally, SunTrust Banks restated a “hold” rating and issued a $155.00 price objective on shares of CACI International in a research note on Friday, February 2nd. One analyst has rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $152.55.
Shares of CACI International Inc (CACI) traded up $2.00 during trading hours on Friday, hitting $156.00. 147,601 shares of the stock traded hands, compared to its average volume of 120,073. The stock has a market capitalization of $3,841.97, a P/E ratio of 22.16, a price-to-earnings-growth ratio of 1.40 and a beta of 1.51. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.54. CACI International Inc has a 1-year low of $112.10 and a 1-year high of $159.40.
CACI International (NYSE:CACI) last issued its earnings results on Wednesday, January 31st. The information technology services provider reported $2.00 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.29 by ($0.29). The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.08 billion. CACI International had a net margin of 6.13% and a return on equity of 9.64%. The firm’s revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.69 EPS. sell-side analysts forecast that CACI International Inc will post 7.36 earnings per share for the current fiscal year.
COPYRIGHT VIOLATION WARNING: This news story was first published by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this news story on another publication, it was illegally copied and reposted in violation of United States and international copyright and trademark law. The legal version of this news story can be viewed at https://stocknewstimes.com/2018/03/11/caci-international-inc-caci-stake-boosted-by-rhumbline-advisers.html.
CACI International Profile
CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.
Receive News & Ratings for CACI International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CACI International and related companies with MarketBeat.com's FREE daily email newsletter.