William Blair lowered shares of CACI International (NYSE:CACI – Free Report) from an outperform rating to a market perform rating in a research report sent to investors on Friday morning, Marketbeat reports.
Other analysts have also recently issued reports about the stock. Raymond James reaffirmed an “outperform” rating and issued a $490.00 price target (up from $475.00) on shares of CACI International in a report on Thursday, January 23rd. UBS Group assumed coverage on shares of CACI International in a research note on Monday, December 2nd. They set a “buy” rating and a $557.00 target price for the company. TD Cowen lowered their target price on shares of CACI International from $610.00 to $480.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Jefferies Financial Group upgraded shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 target price for the company in a research note on Thursday, January 16th. Finally, Cantor Fitzgerald assumed coverage on shares of CACI International in a research note on Friday, February 7th. They set an “overweight” rating and a $535.00 target price for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, CACI International currently has an average rating of “Moderate Buy” and a consensus price target of $526.23.
Check Out Our Latest Report on CACI International
CACI International Trading Down 4.4 %
CACI International (NYSE:CACI – Get Free Report) last posted its quarterly earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. As a group, research analysts expect that CACI International will post 23.94 EPS for the current fiscal year.
Hedge Funds Weigh In On CACI International
A number of institutional investors and hedge funds have recently bought and sold shares of CACI. First Horizon Advisors Inc. lifted its holdings in CACI International by 40.0% in the 3rd quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock valued at $32,000 after acquiring an additional 18 shares during the last quarter. Coastline Trust Co acquired a new stake in CACI International in the 3rd quarter valued at about $45,000. UMB Bank n.a. lifted its holdings in CACI International by 37.2% in the 4th quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock valued at $43,000 after acquiring an additional 29 shares during the last quarter. GAMMA Investing LLC lifted its holdings in CACI International by 69.4% in the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock valued at $49,000 after acquiring an additional 50 shares during the last quarter. Finally, VSM Wealth Advisory LLC acquired a new stake in CACI International in the 4th quarter valued at about $69,000. Institutional investors own 86.43% 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.
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