Zions Bancorporation N.A. Has $2.55 Million Position in CACI International Inc (NYSE:CACI)

Zions Bancorporation N.A. increased its position in shares of CACI International Inc (NYSE:CACI) by 17.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,056 shares of the information technology services provider’s stock after acquiring an additional 736 shares during the period. Zions Bancorporation N.A.’s holdings in CACI International were worth $2,551,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in CACI International by 1.7% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 340,880 shares of the information technology services provider’s stock worth $146,623,000 after purchasing an additional 5,610 shares during the last quarter. Van ECK Associates Corp raised its holdings in shares of CACI International by 42.5% during the 3rd quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider’s stock worth $60,917,000 after buying an additional 34,647 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its stake in CACI International by 26.7% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 48,923 shares of the information technology services provider’s stock valued at $21,043,000 after buying an additional 10,295 shares in the last quarter. Lord Abbett & CO. LLC bought a new position in CACI International in the first quarter valued at about $18,271,000. Finally, New York State Common Retirement Fund raised its stake in CACI International by 13.1% during the third quarter. New York State Common Retirement Fund now owns 31,853 shares of the information technology services provider’s stock worth $16,072,000 after acquiring an additional 3,700 shares in the last quarter. 86.43% of the stock is owned by institutional investors.

CACI International Trading Down 4.4 %

Shares of CACI stock opened at $542.30 on Thursday. CACI International Inc has a 1-year low of $314.06 and a 1-year high of $588.26. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48. The stock has a market cap of $12.15 billion, a price-to-earnings ratio of 26.87, a PEG ratio of 2.21 and a beta of 0.91. The stock has a 50-day moving average of $518.48 and a 200-day moving average of $467.52.

CACI International (NYSE:CACI) last released its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, beating analysts’ consensus estimates of $5.08 by $0.85. The business had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $1.92 billion. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The company’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.36 EPS. On average, equities research analysts forecast that CACI International Inc will post 23.43 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Raymond James downgraded shares of CACI International from an “outperform” rating to a “market perform” rating in a research note on Monday, August 5th. Wells Fargo & Company raised their target price on shares of CACI International from $525.00 to $577.00 and gave the company an “overweight” rating in a research report on Tuesday, October 1st. The Goldman Sachs Group boosted their target price on shares of CACI International from $471.00 to $520.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Truist Financial reiterated a “buy” rating and issued a $650.00 price target (up from $520.00) on shares of CACI International in a research note on Friday, October 25th. Finally, Bank of America boosted their price objective on CACI International from $535.00 to $555.00 and gave the stock a “buy” rating in a research report on Tuesday, September 17th. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $547.20.

Insider Buying and Selling

In other CACI International news, CEO John S. Mengucci sold 10,000 shares of the company’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $463.18, for a total transaction of $4,631,800.00. Following the sale, the chief executive officer now owns 91,368 shares of the company’s stock, valued at approximately $42,319,830.24. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other CACI International news, EVP J William Koegel, Jr. sold 970 shares of the firm’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $483.27, for a total value of $468,771.90. Following the completion of the sale, the executive vice president now directly owns 22,651 shares in the company, valued at approximately $10,946,548.77. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO John S. Mengucci sold 10,000 shares of CACI International stock in a transaction on Monday, August 19th. The shares were sold at an average price of $463.18, for a total transaction of $4,631,800.00. Following the completion of the sale, the chief executive officer now directly owns 91,368 shares of the company’s stock, valued at approximately $42,319,830.24. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,270 shares of company stock valued at $10,165,972 over the last quarter. Insiders own 1.35% of the company’s stock.

CACI International Company Profile

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.