Caci International Inc (CACI) Shares Sold by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. cut its position in Caci International Inc (NYSE:CACI) by 0.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 83,726 shares of the information technology services provider’s stock after selling 520 shares during the quarter. Ferguson Wellman Capital Management Inc. owned approximately 0.34% of Caci International worth $15,240,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Janney Montgomery Scott LLC raised its stake in Caci International by 4.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,469 shares of the information technology services provider’s stock valued at $212,000 after acquiring an additional 60 shares during the last quarter. Advisor Partners LLC raised its stake in Caci International by 5.0% during the 4th quarter. Advisor Partners LLC now owns 1,493 shares of the information technology services provider’s stock valued at $215,000 after acquiring an additional 71 shares during the last quarter. Cardinal Capital Management raised its stake in Caci International by 1.5% during the 4th quarter. Cardinal Capital Management now owns 6,220 shares of the information technology services provider’s stock valued at $895,000 after acquiring an additional 92 shares during the last quarter. Neuburgh Advisers LLC raised its stake in Caci International by 4.5% during the 4th quarter. Neuburgh Advisers LLC now owns 2,240 shares of the information technology services provider’s stock valued at $323,000 after acquiring an additional 96 shares during the last quarter. Finally, Private Capital Group LLC raised its stake in Caci International by 72.3% during the 4th quarter. Private Capital Group LLC now owns 305 shares of the information technology services provider’s stock valued at $44,000 after acquiring an additional 128 shares during the last quarter. 90.44% of the stock is owned by hedge funds and other institutional investors.

In related news, Director James L. Pavitt sold 500 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $181.34, for a total value of $90,670.00. Following the completion of the transaction, the director now directly owns 6,308 shares of the company’s stock, valued at approximately $1,143,892.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James Gilmore III sold 269 shares of the firm’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $181.49, for a total value of $48,820.81. Following the completion of the transaction, the director now directly owns 13,817 shares of the company’s stock, valued at $2,507,647.33. The disclosure for this sale can be found here. Insiders sold a total of 1,171 shares of company stock valued at $212,167 over the last ninety days. 1.51% of the stock is currently owned by company insiders.

Several analysts have commented on the company. Citigroup reduced their price objective on Caci International from $205.00 to $185.00 and set a “buy” rating for the company in a research note on Monday, January 14th. Zacks Investment Research raised Caci International from a “hold” rating to a “buy” rating and set a $172.00 price objective for the company in a research note on Monday, January 21st. Wells Fargo & Co reissued a “buy” rating on shares of Caci International in a research note on Friday, March 1st. Seaport Global Securities reissued a “buy” rating on shares of Caci International in a research note on Wednesday, January 30th. Finally, Cowen reissued a “buy” rating and set a $190.00 target price on shares of Caci International in a research note on Sunday, February 3rd. Six research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $195.08.

Shares of CACI stock opened at $183.60 on Thursday. The company has a market cap of $4.51 billion, a PE ratio of 23.42, a price-to-earnings-growth ratio of 1.75 and a beta of 1.56. Caci International Inc has a 12-month low of $138.39 and a 12-month high of $200.85. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.45.

Caci International (NYSE:CACI) last issued its earnings results on Wednesday, January 30th. The information technology services provider reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.28 by $0.43. The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.18 billion. Caci International had a return on equity of 11.74% and a net margin of 5.68%. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period in the prior year, the business posted $2.38 EPS. On average, equities research analysts expect that Caci International Inc will post 10.37 earnings per share for the current year.

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

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