Applied Finance Capital Management LLC Has $243,000 Stock Position in CACI International, Inc. $CACI

Applied Finance Capital Management LLC decreased its holdings in shares of CACI International, Inc. (NYSE:CACI) by 8.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 510 shares of the information technology services provider’s stock after selling 50 shares during the quarter. Applied Finance Capital Management LLC’s holdings in CACI International were worth $243,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of CACI. Fuller & Thaler Asset Management Inc. increased its stake in shares of CACI International by 15.5% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 200,214 shares of the information technology services provider’s stock worth $73,463,000 after purchasing an additional 26,804 shares during the last quarter. Peregrine Capital Management LLC acquired a new stake in shares of CACI International in the first quarter worth $4,999,000. MetLife Investment Management LLC boosted its holdings in shares of CACI International by 77.1% during the 1st quarter. MetLife Investment Management LLC now owns 22,363 shares of the information technology services provider’s stock worth $8,205,000 after buying an additional 9,737 shares during the period. Zions Bancorporation National Association UT acquired a new position in CACI International in the 1st quarter valued at $2,330,000. Finally, CX Institutional raised its holdings in CACI International by 85.2% in the 2nd quarter. CX Institutional now owns 13,519 shares of the information technology services provider’s stock worth $6,445,000 after acquiring an additional 6,218 shares during the period. Institutional investors and hedge funds own 86.43% of the company’s stock.

Insiders Place Their Bets

In related news, CEO John S. Mengucci sold 10,175 shares of the company’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $492.82, for a total value of $5,014,443.50. Following the sale, the chief executive officer owned 101,536 shares of the company’s stock, valued at $50,038,971.52. The trade was a 9.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of CACI International in a report on Wednesday, October 8th. William Blair upgraded CACI International from a “market perform” rating to an “outperform” rating in a research note on Monday, July 7th. Jefferies Financial Group downgraded CACI International from a “buy” rating to a “hold” rating and dropped their price target for the stock from $570.00 to $535.00 in a research report on Wednesday, August 6th. Stifel Nicolaus upped their price target on CACI International from $576.00 to $600.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Finally, Raymond James Financial restated a “market perform” rating on shares of CACI International in a research note on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $548.73.

CACI International Price Performance

Shares of CACI International stock opened at $515.71 on Friday. The firm has a fifty day moving average price of $494.64 and a two-hundred day moving average price of $468.70. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.47 and a quick ratio of 1.47. The company has a market cap of $11.34 billion, a PE ratio of 23.07, a price-to-earnings-growth ratio of 1.94 and a beta of 0.63. CACI International, Inc. has a fifty-two week low of $318.60 and a fifty-two week high of $588.26.

CACI International (NYSE:CACI) last issued its earnings results on Wednesday, August 6th. The information technology services provider reported $8.40 EPS for the quarter, topping the consensus estimate of $6.54 by $1.86. The firm had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.29 billion. CACI International had a return on equity of 15.84% and a net margin of 5.79%.CACI International’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same period last year, the business earned $6.61 earnings per share. Analysts expect that CACI International, Inc. will post 23.94 EPS for the current 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.