CACI International Inc (NYSE:CACI) Shares Sold by Eagle Bay Advisors LLC

Eagle Bay Advisors LLC lowered its stake in shares of CACI International Inc (NYSE:CACI) by 21.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 94 shares of the information technology services provider’s stock after selling 25 shares during the quarter. Eagle Bay Advisors LLC’s holdings in CACI International were worth $38,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. First Horizon Advisors Inc. grew its stake in CACI International by 40.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock worth $32,000 after buying an additional 18 shares during the last quarter. UMB Bank n.a. grew its position in shares of CACI International by 81.4% during the third quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock worth $39,000 after acquiring an additional 35 shares during the last quarter. Coastline Trust Co acquired a new position in shares of CACI International in the 3rd quarter valued at $45,000. GAMMA Investing LLC raised its position 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 purchasing an additional 50 shares during the last quarter. Finally, Rosenberg Matthew Hamilton boosted its stake in CACI International by 9.8% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock worth $107,000 after purchasing an additional 19 shares during the period. Hedge funds and other institutional investors own 86.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on CACI shares. The Goldman Sachs Group lowered shares of CACI International from a “neutral” rating to a “sell” rating and dropped their price objective for the company from $540.00 to $373.00 in a research note on Thursday, December 12th. StockNews.com cut CACI International from a “buy” rating to a “hold” rating in a research report on Friday, December 27th. Barclays increased their price objective on CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. TD Cowen dropped their target price on CACI International from $610.00 to $480.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Finally, Truist Financial cut their price target on CACI International from $650.00 to $550.00 and set a “buy” rating for the company in a research note on Friday, November 22nd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, CACI International has an average rating of “Moderate Buy” and a consensus price target of $522.09.

CACI International Price Performance

Shares of NYSE CACI opened at $445.89 on Tuesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.75 and a current ratio of 1.75. CACI International Inc has a one year low of $326.47 and a one year high of $588.26. The firm has a market capitalization of $9.99 billion, a P/E ratio of 22.10, a PEG ratio of 1.33 and a beta of 0.87. The company’s fifty day moving average is $451.42 and its two-hundred day moving average is $470.52.

CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, topping analysts’ consensus estimates of $5.08 by $0.85. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The firm had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter in the previous year, the firm earned $4.36 earnings per share. The firm’s revenue was up 11.2% on a year-over-year basis. Analysts forecast that CACI International Inc will post 23.45 EPS for the current fiscal year.

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.