Caci International Inc (CACI) Stake Boosted by Systematic Financial Management LP

Systematic Financial Management LP lifted its stake in Caci International Inc (NYSE:CACI) by 14.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 8,735 shares of the information technology services provider’s stock after acquiring an additional 1,135 shares during the quarter. Systematic Financial Management LP’s holdings in Caci International were worth $1,590,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Private Capital Group LLC lifted its position in Caci International by 72.3% during the fourth quarter. Private Capital Group LLC now owns 305 shares of the information technology services provider’s stock valued at $44,000 after buying an additional 128 shares in the last quarter. Flagship Harbor Advisors LLC increased its stake in 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 valued at $100,000 after purchasing an additional 512 shares during the last quarter. Ffcm LLC increased its stake in Caci International by 284.0% during 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 during the last quarter. LS Investment Advisors LLC increased its stake in Caci International by 91.0% during 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 during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in Caci International by 4.3% during 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 purchasing an additional 60 shares during the last quarter. Hedge funds and other institutional investors own 89.86% of the company’s stock.

In other news, Director Warren R. Phillips sold 335 shares of the firm’s stock in a transaction on Wednesday, February 20th. The stock was sold at an average price of $181.09, for a total value of $60,665.15. Following the completion of the sale, the director now directly owns 6,060 shares in the company, valued at $1,097,405.40. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director James L. Pavitt sold 500 shares of the firm’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $181.34, for a total value of $90,670.00. Following the completion of the sale, the director now owns 6,308 shares of the company’s stock, valued at $1,143,892.72. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 6,568 shares of company stock valued at $1,266,706. 1.51% of the stock is owned by company insiders.

Several research firms have weighed in on CACI. ValuEngine upgraded shares of Caci International from a “hold” rating to a “buy” rating in a research note on Friday, May 3rd. Cowen reiterated a “buy” rating and issued a $195.00 target price on shares of Caci International in a research report on Thursday, May 2nd. Goldman Sachs Group started 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 upped their price target on shares of Caci International from $179.00 to $212.00 and gave the company a “neutral” rating in a report on Tuesday, May 7th. Finally, Vertical Research upgraded Caci International from a “buy” rating to a “top pick” rating in a report on Wednesday, March 13th. Six analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $202.31.

Shares of CACI stock opened at $198.32 on Thursday. The firm has a market capitalization of $4.90 billion, a P/E ratio of 25.30, a PEG ratio of 1.86 and a beta of 1.56. Caci International Inc has a one year low of $138.39 and a one year high of $207.77. 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 issued its earnings results on Wednesday, May 1st. The information technology services provider reported $2.69 EPS for the quarter, topping the consensus estimate of $2.30 by $0.39. The firm had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.24 billion. Caci International had a return on equity of 11.80% and a net margin of 5.59%. Caci International’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same period last year, the business earned $2.56 earnings per share. As a group, sell-side analysts predict that Caci International Inc will post 10.62 earnings per share for the current fiscal year.

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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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