Meeder Asset Management Inc. reduced its position in shares of Caci International Inc (NYSE:CACI) by 13.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,705 shares of the information technology services provider’s stock after selling 590 shares during the period. Meeder Asset Management Inc.’s holdings in Caci International were worth $682,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its position in shares of Caci International by 7.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 509,948 shares of the information technology services provider’s stock valued at $85,951,000 after purchasing an additional 33,990 shares during the period. Strs Ohio boosted its position in shares of Caci International by 192.7% in the 2nd quarter. Strs Ohio now owns 32,200 shares of the information technology services provider’s stock valued at $5,427,000 after purchasing an additional 21,200 shares during the period. Russell Investments Group Ltd. boosted its position in shares of Caci International by 51.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 52,750 shares of the information technology services provider’s stock valued at $9,716,000 after purchasing an additional 17,956 shares during the period. CENTRAL TRUST Co boosted its position in shares of Caci International by 331.1% in the 3rd quarter. CENTRAL TRUST Co now owns 18,319 shares of the information technology services provider’s stock valued at $3,373,000 after purchasing an additional 14,070 shares during the period. Finally, United Services Automobile Association boosted its position in shares of Caci International by 105.8% in the 2nd quarter. United Services Automobile Association now owns 23,263 shares of the information technology services provider’s stock valued at $3,921,000 after purchasing an additional 11,960 shares during the period. 89.07% of the stock is currently owned by hedge funds and other institutional investors.
A number of research firms recently weighed in on CACI. SunTrust Banks reiterated a “hold” rating and issued a $210.00 price target on shares of Caci International in a research report on Thursday, August 16th. ValuEngine upgraded Caci International from a “hold” rating to a “buy” rating in a research report on Tuesday, October 2nd. Jefferies Financial Group lowered Caci International from a “buy” rating to a “hold” rating in a research report on Tuesday, September 25th. Stifel Nicolaus increased their price target on Caci International from $190.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, August 16th. Finally, Seaport Global Securities reiterated a “buy” rating and issued a $200.00 price target on shares of Caci International in a research report on Friday, August 17th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $194.62.
Caci International (NYSE:CACI) last announced its quarterly earnings data on Wednesday, October 31st. The information technology services provider reported $3.10 EPS for the quarter, topping the Zacks’ consensus estimate of $2.02 by $1.08. Caci International had a return on equity of 11.26% and a net margin of 7.43%. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the company posted $1.67 EPS. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. Equities analysts expect that Caci International Inc will post 10.15 EPS for the current year.
In other Caci International news, Director Warren R. Phillips sold 146 shares of the firm’s stock in a transaction dated Wednesday, August 22nd. The stock was sold at an average price of $193.56, for a total transaction of $28,259.76. Following the completion of the sale, the director now directly owns 5,919 shares in the company, valued at approximately $1,145,681.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Thomas A. Mutryn sold 4,995 shares of the firm’s stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $196.00, for a total value of $979,020.00. Following the sale, the chief financial officer now owns 32,055 shares of the company’s stock, valued at $6,282,780. The disclosure for this sale can be found here. Insiders have sold a total of 10,731 shares of company stock valued at $2,080,561 over the last 90 days. Corporate insiders own 1.51% of the company’s stock.
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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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