Short Interest in CACI International Inc (NYSE:CACI) Expands By 19.5%

CACI International Inc (NYSE:CACI) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 701,100 shares, a growth of 19.5% from the December 31st total of 586,600 shares. Based on an average daily volume of 219,600 shares, the days-to-cover ratio is presently 3.2 days. Currently, 3.2% of the shares of the company are short sold.

Institutional Investors Weigh In On CACI International

Hedge funds have recently made changes to their positions in the company. First Horizon Advisors Inc. grew its stake 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 valued at $32,000 after acquiring an additional 18 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of 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 worth $39,000 after purchasing an additional 35 shares during the period. Coastline Trust Co purchased a new position in CACI International during the third quarter valued at approximately $45,000. GAMMA Investing LLC increased its stake in CACI International by 69.4% in the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock valued at $49,000 after buying an additional 50 shares during the period. Finally, Rosenberg Matthew Hamilton lifted its position in 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 buying an additional 19 shares in the last quarter. Hedge funds and other institutional investors own 86.43% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. TD Cowen reduced their price target on CACI International from $610.00 to $480.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. Raymond James reiterated an “outperform” rating and issued a $490.00 target price (up previously from $475.00) on shares of CACI International in a research report on Thursday, January 23rd. UBS Group assumed coverage on shares of CACI International in a research report on Monday, December 2nd. They set a “buy” rating and a $557.00 price target on the stock. Wells Fargo & Company increased their price objective on shares of CACI International from $503.00 to $536.00 and gave the company an “overweight” rating in a report on Friday, January 24th. Finally, Barclays boosted their target price on CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a report on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $525.50.

CACI International Price Performance

Shares of NYSE CACI traded up $0.02 during mid-day trading on Friday, reaching $386.70. The company had a trading volume of 337,615 shares, compared to its average volume of 387,245. CACI International has a 1-year low of $342.01 and a 1-year high of $588.26. The stock has a market cap of $8.67 billion, a PE ratio of 18.14, a P/E/G ratio of 1.12 and a beta of 0.87. The company has a current ratio of 1.52, a quick ratio of 1.75 and a debt-to-equity ratio of 0.80. The company has a 50-day moving average price of $427.20 and a two-hundred day moving average price of $469.88.

CACI International (NYSE:CACI) last issued its quarterly 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%. On average, equities analysts anticipate that CACI International will post 24.41 earnings per share for the current year.

CACI International Company 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.