Oregon Public Employees Retirement Fund Trims Stock Holdings in CACI International Inc (NYSE:CACI)

Oregon Public Employees Retirement Fund reduced its stake in shares of CACI International Inc (NYSE:CACI) by 15.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,631 shares of the information technology services provider’s stock after selling 871 shares during the period. Oregon Public Employees Retirement Fund’s holdings in CACI International were worth $1,992,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in CACI. Eagle Bay Advisors LLC lifted its holdings in CACI International by 91.3% during the fourth quarter. Eagle Bay Advisors LLC now owns 132 shares of the information technology services provider’s stock valued at $43,000 after purchasing an additional 63 shares in the last quarter. Versant Capital Management Inc raised its position in shares of CACI International by 900.0% during the 2nd quarter. Versant Capital Management Inc now owns 100 shares of the information technology services provider’s stock valued at $43,000 after purchasing an additional 90 shares during the period. GPS Wealth Strategies Group LLC lifted its stake in shares of CACI International by 35.1% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 404 shares of the information technology services provider’s stock valued at $174,000 after buying an additional 105 shares in the last quarter. HTLF Bank purchased a new position in shares of CACI International during the 1st quarter valued at $229,000. Finally, Covestor Ltd boosted its holdings in CACI International by 8.9% in the 1st quarter. Covestor Ltd now owns 624 shares of the information technology services provider’s stock worth $237,000 after buying an additional 51 shares during the period. 86.43% of the stock is currently owned by institutional investors.

Insider Buying and Selling at CACI International

In other news, Director Gregory G. Johnson sold 200 shares of CACI International stock in a transaction that occurred on Wednesday, June 12th. The stock was sold at an average price of $428.19, for a total value of $85,638.00. Following the completion of the transaction, the director now owns 6,078 shares in the company, valued at approximately $2,602,538.82. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, EVP J William Koegel, Jr. sold 970 shares of the stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $483.27, for a total value of $468,771.90. Following the sale, the executive vice president now directly owns 22,651 shares of the company’s stock, valued at approximately $10,946,548.77. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gregory G. Johnson sold 200 shares of the business’s stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $428.19, for a total value of $85,638.00. Following the transaction, the director now owns 6,078 shares of the company’s stock, valued at approximately $2,602,538.82. The disclosure for this sale can be found here. Insiders have sold a total of 11,470 shares of company stock worth $5,327,510 over the last ninety days. Company insiders own 1.23% of the company’s stock.

CACI International Trading Down 2.6 %

Shares of CACI opened at $466.75 on Friday. The stock has a market capitalization of $10.41 billion, a PE ratio of 26.96, a P/E/G ratio of 2.09 and a beta of 0.93. The company’s fifty day moving average is $455.44 and its 200 day moving average is $417.86. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.27 and a current ratio of 1.27. CACI International Inc has a fifty-two week low of $302.21 and a fifty-two week high of $489.18.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, August 7th. The information technology services provider reported $6.61 EPS for the quarter, topping analysts’ consensus estimates of $5.93 by $0.68. CACI International had a net margin of 5.48% and a return on equity of 14.31%. The business had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.93 billion. During the same period last year, the company posted $5.30 EPS. The business’s revenue was up 19.7% on a year-over-year basis. Sell-side analysts expect that CACI International Inc will post 23.05 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have commented on CACI. TD Cowen raised their price target on CACI International from $435.00 to $480.00 and gave the company a “buy” rating in a report on Friday, July 12th. JPMorgan Chase & Co. lifted their target price on CACI International from $383.00 to $458.00 and gave the company an “overweight” rating in a research note on Wednesday, July 10th. Raymond James downgraded CACI International from an “outperform” rating to a “market perform” rating in a research note on Monday, August 5th. Truist Financial increased their price objective on shares of CACI International from $500.00 to $520.00 and gave the company a “buy” rating in a report on Thursday. Finally, Bank of America boosted their target price on shares of CACI International from $450.00 to $535.00 and gave the stock a “buy” rating in a report on Tuesday, August 27th. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, CACI International presently has a consensus rating of “Moderate Buy” and a consensus target price of $463.00.

About CACI International

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.