Public Employees Retirement System of Ohio Sells 810 Shares of CACI International Inc (NYSE:CACI)

Public Employees Retirement System of Ohio cut its stake in CACI International Inc (NYSE:CACI) by 8.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,642 shares of the information technology services provider’s stock after selling 810 shares during the period. Public Employees Retirement System of Ohio’s holdings in CACI International were worth $4,360,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CACI. First Horizon Advisors Inc. boosted its stake in shares of CACI International by 40.0% in the 3rd quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock valued at $32,000 after purchasing an additional 18 shares during the last quarter. UMB Bank n.a. boosted its position in CACI International by 81.4% during the third quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock valued at $39,000 after acquiring an additional 35 shares during the last quarter. Coastline Trust Co acquired a new stake in CACI International during the 3rd quarter worth about $45,000. Rosenberg Matthew Hamilton raised its position in shares of CACI International by 9.8% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock worth $107,000 after acquiring an additional 19 shares in the last quarter. Finally, Argent Capital Management LLC acquired a new position in shares of CACI International in the 3rd quarter valued at about $208,000. Institutional investors and hedge funds own 86.43% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. TD Cowen increased their price target on CACI International from $545.00 to $570.00 and gave the stock a “buy” rating in a report on Friday, October 25th. 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. Bank of America upped their price target on CACI International from $535.00 to $555.00 and gave the stock a “buy” rating in a research note on Tuesday, September 17th. Barclays raised their price objective on CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a research note on Tuesday, November 12th. Finally, Robert W. Baird upped their target price on CACI International from $533.00 to $640.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $524.45.

Insider Activity at CACI International

In other CACI International news, insider Gregory R. Bradford sold 10,000 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the sale, the insider now directly owns 35,538 shares of the company’s stock, valued at $17,499,266.58. This represents a 21.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.35% of the stock is owned by company insiders.

CACI International Stock Down 1.0 %

Shares of NYSE:CACI opened at $409.91 on Friday. The company has a market capitalization of $9.19 billion, a PE ratio of 20.31, a price-to-earnings-growth ratio of 1.33 and a beta of 0.85. CACI International Inc has a 1 year low of $314.06 and a 1 year high of $588.26. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75. The business has a fifty day moving average price of $502.96 and a two-hundred day moving average price of $472.43.

CACI International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.08 by $0.85. The business had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $1.92 billion. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The firm’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter last year, the company posted $4.36 earnings per share. Analysts forecast that CACI International Inc will post 23.45 earnings per share for the current year.

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.