Caci International Inc (NYSE:CACI) Stake Lowered by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its position in Caci International Inc (NYSE:CACI) by 2.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 48,572 shares of the information technology services provider’s stock after selling 1,201 shares during the quarter. New York State Teachers Retirement System owned approximately 0.20% of Caci International worth $8,841,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of CACI. Geode Capital Management LLC grew its stake in Caci International by 7.0% in the 4th quarter. Geode Capital Management LLC now owns 303,691 shares of the information technology services provider’s stock worth $43,739,000 after acquiring an additional 19,892 shares during the period. Securian Asset Management Inc acquired a new position in shares of Caci International during the 4th quarter valued at $446,000. HL Financial Services LLC acquired a new position in shares of Caci International during the 4th quarter valued at $3,150,000. Advisor Partners LLC lifted its holdings in Caci International by 5.0% in the 4th quarter. Advisor Partners LLC now owns 1,493 shares of the information technology services provider’s stock worth $215,000 after buying an additional 71 shares in the last quarter. Finally, James Investment Research Inc. acquired a new position in Caci International in the 4th quarter worth $1,008,000. 90.41% of the stock is currently owned by institutional investors.

In other Caci International news, insider Gregory R. Bradford sold 5,000 shares of the company’s stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $195.00, for a total value of $975,000.00. Following the transaction, the insider now directly owns 44,095 shares in the company, valued at $8,598,525. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director James Gilmore III sold 207 shares of the business’s stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $203.18, for a total transaction of $42,058.26. Following the completion of the sale, the director now directly owns 13,818 shares of the company’s stock, valued at approximately $2,807,541.24. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,204 shares of company stock worth $1,631,040. Insiders own 1.51% of the company’s stock.

Caci International stock traded down $1.24 during mid-day trading on Friday, reaching $202.75. The company had a trading volume of 204,484 shares, compared to its average volume of 176,553. The company has a market cap of $5.07 billion, a PE ratio of 25.86, a price-to-earnings-growth ratio of 1.92 and a beta of 1.41. Caci International Inc has a 52 week low of $138.39 and a 52 week high of $210.12. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.54 and a quick ratio of 1.54.

Caci International (NYSE:CACI) last announced its earnings results on Wednesday, May 1st. The information technology services provider reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.30 by $0.39. Caci International had a net margin of 5.59% and a return on equity of 11.80%. The business had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.24 billion. During the same quarter last year, the company posted $2.56 EPS. The firm’s revenue for the quarter was up 12.5% on a year-over-year basis. Analysts expect that Caci International Inc will post 10.6 earnings per share for the current fiscal year.

A number of brokerages have commented on CACI. Morgan Stanley began coverage on shares of Caci International in a report on Monday, June 3rd. They issued an “equal weight” rating and a $215.00 price objective on the stock. Zacks Investment Research lowered shares of Caci International from a “buy” rating to a “hold” rating in a report on Friday, May 10th. Goldman Sachs Group began coverage on shares of Caci International in a research report on Thursday, May 9th. They issued a “buy” rating and a $260.00 target price for the company. Credit Suisse Group boosted their price objective on shares of Caci International from $179.00 to $212.00 and gave the company a “neutral” rating in a research report on Tuesday, May 7th. Finally, ValuEngine upgraded shares of Caci International from a “hold” rating to a “buy” rating in a research report on Friday, May 3rd. Seven investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $203.21.

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About Caci International

CACI International Inc, together with its subsidiaries, provides information solutions and services in North America and internationally. The company offers business systems solutions in the areas of financial, human capital, asset and materials, and administrative management; develops, integrates, and operates command and control solutions; and develops and integrates solutions that deliver multi-level unified communications from the enterprise directly to and from the tactical edge.

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Institutional Ownership by Quarter for Caci International (NYSE:CACI)

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