Panagora Asset Management Inc. lessened its holdings in shares of Caci International Inc (NYSE:CACI) by 33.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 71,787 shares of the information technology services provider’s stock after selling 36,089 shares during the period. Panagora Asset Management Inc. owned about 0.29% of Caci International worth $13,220,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in CACI. Janney Montgomery Scott LLC acquired a new stake in Caci International in the 2nd quarter valued at about $233,000. Bessemer Group Inc. lifted its holdings in Caci International by 24.3% in the 2nd quarter. Bessemer Group Inc. now owns 2,735 shares of the information technology services provider’s stock valued at $461,000 after acquiring an additional 535 shares during the last quarter. Piedmont Investment Advisors LLC lifted its holdings in Caci International by 9.3% in the 2nd quarter. Piedmont Investment Advisors LLC now owns 5,754 shares of the information technology services provider’s stock valued at $970,000 after acquiring an additional 491 shares during the last quarter. Aperio Group LLC lifted its holdings in Caci International by 8.5% in the 2nd quarter. Aperio Group LLC now owns 8,180 shares of the information technology services provider’s stock valued at $1,379,000 after acquiring an additional 641 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Caci International in the 2nd quarter valued at about $1,006,000. Institutional investors own 88.91% of the company’s stock.
CACI stock opened at $164.91 on Friday. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.48. Caci International Inc has a one year low of $128.80 and a one year high of $200.85. The stock has a market cap of $4.10 billion, a price-to-earnings ratio of 17.79, a PEG ratio of 1.62 and a beta of 1.46.
A number of equities research analysts have weighed in on CACI shares. B. Riley upped their price target on shares of Caci International from $165.00 to $182.00 and gave the company a “neutral” rating in a report on Friday, August 17th. SunTrust Banks reissued a “hold” rating and issued a $210.00 price target on shares of Caci International in a report on Thursday, August 16th. Zacks Investment Research reissued a “hold” rating and issued a $205.00 price target on shares of Caci International in a report on Monday, November 12th. Citigroup cut their price target on shares of Caci International from $210.00 to $205.00 and set a “buy” rating for the company in a report on Friday, November 2nd. Finally, Loop Capital upped their price target on shares of Caci International to $200.00 and gave the company a “buy” rating in a report on Wednesday, August 8th. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $196.50.
In other Caci International news, CFO Thomas A. Mutryn sold 4,995 shares of the company’s stock in a transaction dated Tuesday, September 4th. The shares were sold at an average price of $196.00, for a total transaction of $979,020.00. Following the completion of the sale, the chief financial officer now directly owns 32,055 shares of the company’s stock, valued at $6,282,780. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.51% of the stock is currently owned by corporate insiders.
Caci International Company Profile
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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