Bank of New York Mellon Corp Has $85.95 Million Holdings in Caci International Inc (CACI)

Bank of New York Mellon Corp raised its stake in shares of Caci International Inc (NYSE:CACI) by 7.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 509,948 shares of the information technology services provider’s stock after acquiring an additional 33,990 shares during the quarter. Bank of New York Mellon Corp’s holdings in Caci International were worth $85,951,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Ferguson Wellman Capital Management Inc. lifted its holdings in shares of Caci International by 1.5% during the second quarter. Ferguson Wellman Capital Management Inc. now owns 85,170 shares of the information technology services provider’s stock valued at $14,355,000 after acquiring an additional 1,280 shares during the period. California Public Employees Retirement System lifted its holdings in shares of Caci International by 4.0% during the second quarter. California Public Employees Retirement System now owns 78,084 shares of the information technology services provider’s stock valued at $13,161,000 after acquiring an additional 2,970 shares during the period. Phocas Financial Corp. lifted its holdings in shares of Caci International by 11.8% during the second quarter. Phocas Financial Corp. now owns 67,220 shares of the information technology services provider’s stock valued at $11,330,000 after acquiring an additional 7,110 shares during the period. Rhumbline Advisers lifted its holdings in shares of Caci International by 1.6% during the second quarter. Rhumbline Advisers now owns 64,924 shares of the information technology services provider’s stock valued at $10,943,000 after acquiring an additional 1,010 shares during the period. Finally, Martingale Asset Management L P lifted its holdings in shares of Caci International by 12.1% during the second quarter. Martingale Asset Management L P now owns 34,414 shares of the information technology services provider’s stock valued at $5,801,000 after acquiring an additional 3,703 shares during the period. 89.07% of the stock is owned by institutional investors.

Caci International stock opened at $181.53 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.76 and a quick ratio of 1.73. Caci International Inc has a 12-month low of $121.60 and a 12-month high of $200.85. The stock has a market capitalization of $4.53 billion, a P/E ratio of 23.15, a price-to-earnings-growth ratio of 1.80 and a beta of 1.46.

Caci International (NYSE:CACI) last released its quarterly earnings results on Wednesday, October 31st. The information technology services provider reported $3.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.02 by $1.08. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Caci International had a return on equity of 11.26% and a net margin of 7.43%. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.67 earnings per share. As a group, sell-side analysts predict that Caci International Inc will post 10.15 EPS for the current fiscal year.

CACI has been the subject of a number of analyst reports. ValuEngine cut Caci International from a “buy” rating to a “hold” rating in a report on Thursday, August 2nd. Loop Capital lifted their price objective on Caci International to $200.00 and gave the company a “buy” rating in a report on Wednesday, August 8th. Cowen reaffirmed a “buy” rating and issued a $185.00 price target on shares of Caci International in a report on Wednesday, August 15th. Stifel Nicolaus lifted their price target on Caci International from $190.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, August 16th. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $210.00 price target on shares of Caci International in a report on Thursday, August 16th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $194.62.

In related news, Director Warren R. Phillips sold 146 shares of Caci International stock in a transaction dated Wednesday, August 22nd. The stock was sold at an average price of $193.56, for a total value of $28,259.76. Following the completion of the sale, the director now directly owns 5,919 shares in the company, valued at $1,145,681.64. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Thomas A. Mutryn sold 4,995 shares of Caci International 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 completion of 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. Over the last quarter, insiders sold 10,731 shares of company stock valued at $2,080,561. Corporate insiders own 1.51% of the company’s stock.

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Caci International 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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Institutional Ownership by Quarter for Caci International (NYSE:CACI)

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