New York State Common Retirement Fund boosted its holdings in shares of Caci International Inc (NYSE:CACI) by 6.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 30,578 shares of the information technology services provider’s stock after buying an additional 1,771 shares during the quarter. New York State Common Retirement Fund owned 0.12% of Caci International worth $5,566,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Private Capital Group LLC grew its stake in Caci International by 18.0% in the 1st quarter. Private Capital Group LLC now owns 360 shares of the information technology services provider’s stock valued at $66,000 after acquiring an additional 55 shares during the period. Flagship Harbor Advisors LLC grew its position in shares of Caci International by 1,312.8% during the first quarter. Flagship Harbor Advisors LLC now owns 551 shares of the information technology services provider’s stock worth $100,000 after buying an additional 512 shares in the last quarter. Ffcm LLC boosted its holdings in Caci International by 284.0% in the fourth quarter. Ffcm LLC now owns 1,106 shares of the information technology services provider’s stock valued at $159,000 after purchasing an additional 818 shares in the last quarter. LS Investment Advisors LLC boosted its holdings in Caci International by 91.0% in the fourth quarter. LS Investment Advisors LLC now owns 1,377 shares of the information technology services provider’s stock valued at $198,000 after purchasing an additional 656 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of Caci International by 4.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,469 shares of the information technology services provider’s stock valued at $212,000 after acquiring an additional 60 shares during the period. 89.23% of the stock is owned by institutional investors.
In other news, Director Warren R. Phillips sold 397 shares of the company’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $200.35, for a total transaction of $79,538.95. Following the completion of the sale, the director now owns 5,871 shares in the company, valued at approximately $1,176,254.85. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Debora A. Plunkett sold 183 shares of the business’s stock in a transaction dated Monday, June 10th. The stock was sold at an average price of $206.23, for a total value of $37,740.09. Following the transaction, the director now directly owns 232 shares of the company’s stock, valued at approximately $47,845.36. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,204 shares of company stock valued at $1,631,040. 1.51% of the stock is currently owned by corporate insiders.
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 return on equity of 11.80% and a net margin of 5.59%. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.24 billion. During the same period in the previous year, the firm earned $2.56 earnings per share. Caci International’s revenue for the quarter was up 12.5% compared to the same quarter last year. Sell-side analysts expect that Caci International Inc will post 10.61 earnings per share for the current year.
Several equities research analysts have recently commented on the company. Morgan Stanley upped their price target on Caci International from $215.00 to $224.00 and gave the stock an “equal weight” rating in a research note on Monday, June 24th. ValuEngine downgraded Caci International from a “buy” rating to a “hold” rating in a report on Saturday, June 22nd. Wells Fargo & Co raised their price objective on Caci International from $225.00 to $250.00 and gave the stock an “outperform” rating in a report on Thursday, June 20th. Zacks Investment Research downgraded Caci International from a “buy” rating to a “hold” rating in a report on Friday, May 10th. Finally, Goldman Sachs Group assumed coverage on Caci International in a report on Thursday, May 9th. They issued a “buy” rating and a $260.00 price objective on the stock. Eight research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $208.50.
Caci International Company Profile
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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