Piedmont Investment Advisors LLC Takes $661,000 Position in CACI International, Inc. (CACI)
Piedmont Investment Advisors LLC bought a new position in CACI International, Inc. (NYSE:CACI) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,288 shares of the information technology services provider’s stock, valued at approximately $661,000.
A number of other large investors have also recently made changes to their positions in CACI. Prudential PLC lifted its position in shares of CACI International by 33.7% during the 2nd quarter. Prudential PLC now owns 213,500 shares of the information technology services provider’s stock valued at $26,698,000 after buying an additional 53,800 shares in the last quarter. State Street Corp lifted its position in shares of CACI International by 6.2% during the 1st quarter. State Street Corp now owns 580,799 shares of the information technology services provider’s stock valued at $68,127,000 after buying an additional 33,745 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of CACI International by 9.0% during the 1st quarter. Geode Capital Management LLC now owns 191,284 shares of the information technology services provider’s stock valued at $22,437,000 after buying an additional 15,724 shares in the last quarter. Systematic Financial Management LP purchased a new position in shares of CACI International during the 2nd quarter valued at about $1,751,000. Finally, Thompson Siegel & Walmsley LLC lifted its position in shares of CACI International by 13.9% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 91,488 shares of the information technology services provider’s stock valued at $11,440,000 after buying an additional 11,197 shares in the last quarter. 88.72% of the stock is currently owned by institutional investors and hedge funds.
Shares of CACI International, Inc. (NYSE CACI) traded up 0.64% during mid-day trading on Wednesday, reaching $142.35. The company had a trading volume of 1,990 shares. The company has a market capitalization of $3.48 billion, a price-to-earnings ratio of 21.80 and a beta of 1.61. CACI International, Inc. has a 52 week low of $96.05 and a 52 week high of $144.25. The stock has a 50 day moving average of $135.34 and a 200-day moving average of $126.42.
CACI International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, August 16th. The information technology services provider reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.08. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.09 billion. CACI International had a return on equity of 9.52% and a net margin of 3.76%. CACI International’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.75 earnings per share. On average, analysts expect that CACI International, Inc. will post $6.78 earnings per share for the current fiscal year.
CACI has been the topic of a number of analyst reports. BidaskClub raised CACI International from a “sell” rating to a “hold” rating in a research report on Wednesday, September 6th. ValuEngine raised CACI International from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Maxim Group decreased their target price on CACI International from $161.00 to $159.00 and set a “buy” rating on the stock in a research note on Thursday, August 31st. Cowen and Company reissued a “buy” rating and set a $145.00 target price on shares of CACI International in a research note on Monday, August 14th. Finally, Jefferies Group LLC raised CACI International from a “hold” rating to a “buy” rating and set a $154.00 target price on the stock in a research note on Monday, July 17th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $130.44.
In other news, Director Charles P. Revoile sold 750 shares of the firm’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $127.28, for a total value of $95,460.00. Following the transaction, the director now owns 31,583 shares in the company, valued at $4,019,884.24. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Warren R. Phillips sold 400 shares of the firm’s stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of $125.30, for a total value of $50,120.00. Following the completion of the transaction, the director now owns 5,344 shares in the company, valued at approximately $669,603.20. The disclosure for this sale can be found here. Insiders have sold 7,806 shares of company stock worth $1,016,596 in the last quarter. 1.44% of the stock is currently owned by company insiders.
CACI International Profile
CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.
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