739 Shares in CACI International Inc (NYSE:CACI) Purchased by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC purchased a new position in shares of CACI International Inc (NYSE:CACI) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 739 shares of the information technology services provider’s stock, valued at approximately $318,000.

Several other hedge funds have also recently modified their holdings of the stock. Wedge Capital Management L L P NC raised its position in shares of CACI International by 6.4% during the 2nd quarter. Wedge Capital Management L L P NC now owns 6,866 shares of the information technology services provider’s stock worth $2,953,000 after purchasing an additional 410 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its stake in CACI International by 35.1% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 404 shares of the information technology services provider’s stock worth $174,000 after purchasing an additional 105 shares in the last quarter. Versant Capital Management Inc lifted its stake in CACI International by 900.0% in the 2nd quarter. Versant Capital Management Inc now owns 100 shares of the information technology services provider’s stock worth $43,000 after purchasing an additional 90 shares in the last quarter. M&R Capital Management Inc. lifted its stake in CACI International by 487.2% in the 2nd quarter. M&R Capital Management Inc. now owns 16,930 shares of the information technology services provider’s stock worth $7,282,000 after purchasing an additional 14,047 shares in the last quarter. Finally, LRI Investments LLC purchased a new position in CACI International in the 1st quarter worth approximately $293,000. Institutional investors and hedge funds own 86.43% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on CACI shares. JPMorgan Chase & Co. raised their target price on shares of CACI International from $383.00 to $458.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 10th. TD Cowen raised their target price on shares of CACI International from $435.00 to $480.00 and gave the stock a “buy” rating in a research note on Friday, July 12th. Stifel Nicolaus raised their target price on shares of CACI International from $390.00 to $430.00 and gave the stock a “buy” rating in a research note on Tuesday, April 23rd. Raymond James downgraded shares of CACI International from an “outperform” rating to a “market perform” rating in a report on Monday, August 5th. Finally, StockNews.com upgraded shares of CACI International from a “hold” rating to a “buy” rating in a report on Thursday, April 25th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $452.78.

Insider Activity at CACI International

In other CACI International news, CEO John S. Mengucci sold 10,000 shares of the business’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $463.18, for a total value of $4,631,800.00. Following the completion of the transaction, the chief executive officer now owns 91,368 shares in the company, valued at $42,319,830.24. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other CACI International news, Director Gregory G. Johnson sold 200 shares of the business’s stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $428.19, for a total value of $85,638.00. Following the completion of the transaction, the director now owns 6,078 shares in the company, valued at $2,602,538.82. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO John S. Mengucci sold 10,000 shares of the business’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $463.18, for a total transaction of $4,631,800.00. Following the completion of the transaction, the chief executive officer now owns 91,368 shares of the company’s stock, valued at approximately $42,319,830.24. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,200 shares of company stock worth $5,574,578. Insiders own 1.23% of the company’s stock.

CACI International Trading Up 1.2 %

CACI International stock traded up $5.42 during trading on Wednesday, hitting $471.85. The company had a trading volume of 69,984 shares, compared to its average volume of 115,763. CACI International Inc has a 1-year low of $302.21 and a 1-year high of $472.21. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.48. The company’s 50 day simple moving average is $443.61 and its 200-day simple moving average is $407.81. The stock has a market cap of $10.52 billion, a price-to-earnings ratio of 27.27, a price-to-earnings-growth ratio of 1.95 and a beta of 0.92.

CACI International (NYSE:CACI) last posted its earnings results on Wednesday, August 7th. The information technology services provider reported $6.61 earnings per share for the quarter, beating the consensus estimate of $5.93 by $0.68. CACI International had a net margin of 5.37% and a return on equity of 13.80%. The firm had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter last year, the firm earned $5.30 EPS. The firm’s revenue for the quarter was up 19.7% on a year-over-year basis. As a group, analysts expect that CACI International Inc will post 20.34 EPS for the current fiscal year.

About CACI International

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.