Vaughan Nelson Investment Management L.P. Sells 11,956 Shares of CACI International Inc (NYSE:CACI)

Vaughan Nelson Investment Management L.P. trimmed its position in CACI International Inc (NYSE:CACI) by 14.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,703 shares of the information technology services provider’s stock after selling 11,956 shares during the quarter. Vaughan Nelson Investment Management L.P. owned 0.31% of CACI International worth $35,169,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CACI. UMB Bank n.a. increased its position in shares of CACI International by 81.4% in the third quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock valued at $39,000 after acquiring an additional 35 shares during the period. Coastline Trust Co purchased a new position in CACI International during the 3rd quarter valued at about $45,000. Versant Capital Management Inc raised its position in CACI International by 900.0% during the 2nd quarter. Versant Capital Management Inc now owns 100 shares of the information technology services provider’s stock valued at $43,000 after purchasing an additional 90 shares during the last quarter. Rosenberg Matthew Hamilton lifted its holdings in CACI International by 9.8% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock worth $107,000 after buying an additional 19 shares during the period. Finally, GPS Wealth Strategies Group LLC lifted its holdings in CACI International by 35.1% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 404 shares of the information technology services provider’s stock worth $174,000 after buying an additional 105 shares during the period. 86.43% of the stock is currently owned by institutional investors.

CACI International Price Performance

Shares of NYSE CACI opened at $470.79 on Friday. The company has a 50 day simple moving average of $518.79 and a two-hundred day simple moving average of $468.60. CACI International Inc has a fifty-two week low of $314.06 and a fifty-two week high of $588.26. The company has a market capitalization of $10.55 billion, a price-to-earnings ratio of 23.33, a P/E/G ratio of 2.11 and a beta of 0.91. 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 (NYSE:CACI) last posted its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, beating analysts’ consensus estimates of $5.08 by $0.85. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The company had revenue of $2.06 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same quarter last year, the company earned $4.36 EPS. The firm’s revenue for the quarter was up 11.2% on a year-over-year basis. Analysts expect that CACI International Inc will post 23.42 EPS for the current fiscal year.

Analysts Set New Price Targets

CACI has been the topic of several research analyst reports. Barclays boosted their target price on CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a research note on Tuesday, November 12th. Raymond James downgraded shares of CACI International from an “outperform” rating to a “market perform” rating in a research report on Monday, August 5th. Robert W. Baird raised their target price on shares of CACI International from $533.00 to $640.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Wells Fargo & Company boosted their price target on shares of CACI International from $525.00 to $577.00 and gave the company an “overweight” rating in a research report on Tuesday, October 1st. Finally, Truist Financial reissued a “buy” rating and issued a $650.00 price target (up from $520.00) on shares of CACI International in a research note on Friday, October 25th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, CACI International presently has a consensus rating of “Moderate Buy” and a consensus target price of $547.20.

Insider Activity at CACI International

In other CACI International news, Director Gregory G. Johnson sold 300 shares of CACI International stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $471.00, for a total value of $141,300.00. Following the completion of the sale, the director now owns 5,910 shares of the company’s stock, valued at approximately $2,783,610. This trade represents a 4.83 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO John S. Mengucci sold 10,000 shares of the business’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $463.18, for a total value of $4,631,800.00. Following the completion of the transaction, the chief executive officer now owns 91,368 shares of the company’s stock, valued at $42,319,830.24. This represents a 9.87 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 21,270 shares of company stock valued at $10,165,972. 1.35% of the stock is owned by insiders.

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.