GW&K Investment Management LLC Lowers Position in CACI International Inc (NYSE:CACI)

GW&K Investment Management LLC decreased its stake in CACI International Inc (NYSE:CACIGet Rating) by 3.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,772 shares of the information technology services provider’s stock after selling 1,853 shares during the period. GW&K Investment Management LLC owned approximately 0.21% of CACI International worth $13,130,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CACI. Marshall Wace LLP acquired a new stake in shares of CACI International in the first quarter valued at about $93,000. OLD Mission Capital LLC acquired a new stake in shares of CACI International in the third quarter valued at about $721,000. Mitsubishi UFJ Trust & Banking Corp lifted its stake in shares of CACI International by 19.8% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,817 shares of the information technology services provider’s stock valued at $476,000 after purchasing an additional 300 shares during the period. River Road Asset Management LLC lifted its stake in shares of CACI International by 10.0% in the third quarter. River Road Asset Management LLC now owns 459,386 shares of the information technology services provider’s stock valued at $120,405,000 after purchasing an additional 41,903 shares during the period. Finally, Martingale Asset Management L P lifted its stake in shares of CACI International by 485.8% in the third quarter. Martingale Asset Management L P now owns 61,820 shares of the information technology services provider’s stock valued at $16,204,000 after purchasing an additional 51,267 shares during the period. Hedge funds and other institutional investors own 86.78% of the company’s stock.

A number of equities analysts have issued reports on the stock. Barclays lifted their target price on shares of CACI International from $300.00 to $340.00 and gave the stock an “overweight” rating in a research report on Monday, April 25th. Stifel Nicolaus assumed coverage on shares of CACI International in a research report on Thursday, March 17th. They set a “hold” rating for the company. Raymond James raised shares of CACI International from a “market perform” rating to an “outperform” rating and set a $300.00 price objective for the company in a research report on Monday, January 31st. Wells Fargo & Company boosted their price objective on shares of CACI International from $310.00 to $329.00 and gave the company an “overweight” rating in a research report on Thursday, March 24th. Finally, StockNews.com lowered shares of CACI International from a “buy” rating to a “hold” rating in a research report on Friday. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $321.00.

Shares of CACI stock traded down $1.34 on Friday, hitting $262.75. The stock had a trading volume of 128,870 shares, compared to its average volume of 166,228. CACI International Inc has a 52-week low of $238.29 and a 52-week high of $313.52. The stock’s 50 day moving average is $286.18 and its 200-day moving average is $275.78. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.29 and a current ratio of 1.29. The firm has a market capitalization of $6.15 billion, a price-to-earnings ratio of 15.18, a P/E/G ratio of 3.66 and a beta of 0.98.

CACI International (NYSE:CACIGet Rating) last announced its quarterly earnings results on Wednesday, April 27th. The information technology services provider reported $4.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.79 by ($0.15). CACI International had a net margin of 6.71% and a return on equity of 16.52%. The firm had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same period in the prior year, the business earned $5.28 earnings per share. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. Equities analysts expect that CACI International Inc will post 17.8 earnings per share for the current year.

In other CACI International news, CFO Thomas A. Mutryn sold 3,089 shares of the business’s stock in a transaction dated Tuesday, May 10th. The shares were sold at an average price of $260.00, for a total value of $803,140.00. Following the completion of the transaction, the chief financial officer now directly owns 33,761 shares of the company’s stock, valued at $8,777,860. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 1.56% of the company’s stock.

About CACI International (Get Rating)

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 in two segments, Domestic Operations and International Operations.

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

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