Kendall Capital Management Buys 75 Shares of CACI International Inc (NYSE:CACI)

Kendall Capital Management boosted its stake in CACI International Inc (NYSE:CACI) by 6.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,294 shares of the information technology services provider’s stock after acquiring an additional 75 shares during the quarter. Kendall Capital Management’s holdings in CACI International were worth $523,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CACI. First Horizon Advisors Inc. increased its position in 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 acquiring an additional 18 shares during the period. Coastline Trust Co acquired a new position in CACI International in the 3rd quarter valued at approximately $45,000. UMB Bank n.a. increased its position in CACI International by 37.2% in the 4th quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock valued at $43,000 after acquiring an additional 29 shares during the period. GAMMA Investing LLC increased its position 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 acquiring an additional 50 shares during the period. Finally, Jones Financial Companies Lllp increased its position in CACI International by 452.8% in the 4th quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider’s stock valued at $80,000 after acquiring an additional 163 shares during the period. Institutional investors own 86.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. StockNews.com cut shares of CACI International from a “buy” rating to a “hold” rating in a research report on Saturday, January 25th. Jefferies Financial Group upgraded shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 price target for the company in a research report on Thursday, January 16th. William Blair cut shares of CACI International from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. TD Cowen decreased their price objective on shares of CACI International from $610.00 to $480.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. Finally, Wells Fargo & Company decreased their price objective on shares of CACI International from $536.00 to $480.00 and set an “overweight” rating for the company in a research report on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $521.92.

CACI International Stock Up 8.0 %

Shares of NYSE CACI opened at $387.84 on Monday. The firm has a market cap of $8.70 billion, a PE ratio of 18.19, a P/E/G ratio of 1.01 and a beta of 0.88. CACI International Inc has a 12-month low of $318.60 and a 12-month high of $588.26. The company’s fifty day simple moving average is $387.70 and its 200 day simple moving average is $451.71. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.80.

CACI International (NYSE:CACI) last issued its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. As a group, sell-side analysts forecast that CACI International Inc will post 23.94 earnings per share for the current fiscal year.

About CACI International

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.