Janney Montgomery Scott LLC Grows Stock Holdings in CACI International, Inc. $CACI

Janney Montgomery Scott LLC grew its holdings in shares of CACI International, Inc. (NYSE:CACI – Free Report) by 13.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 2,920 shares of the information technology services provider’s stock after purchasing an additional 355 shares during the period. Janney Montgomery Scott LLC’s holdings in CACI International were worth $1,392,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. V Square Quantitative Management LLC purchased a new position in shares of CACI International during the second quarter valued at approximately $25,000. CX Institutional lifted its holdings in shares of CACI International by 85.2% during the second quarter. CX Institutional now owns 13,519 shares of the information technology services provider’s stock valued at $6,445,000 after purchasing an additional 6,218 shares during the last quarter. Steph & Co. purchased a new position in shares of CACI International during the second quarter valued at approximately $102,000. GAMMA Investing LLC lifted its holdings in shares of CACI International by 42.2% during the second quarter. GAMMA Investing LLC now owns 435 shares of the information technology services provider’s stock valued at $207,000 after purchasing an additional 129 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in shares of CACI International by 180.0% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 140 shares of the information technology services provider’s stock valued at $67,000 after acquiring an additional 90 shares in the last quarter. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

CACI International Trading Down 0.3%

Shares of CACI International stock opened at $509.60 on Monday. The company’s fifty day simple moving average is $491.30 and its 200-day simple moving average is $464.47. The stock has a market capitalization of $11.21 billion, a PE ratio of 22.80, a P/E/G ratio of 1.92 and a beta of 0.63. CACI International, Inc. has a 1-year low of $318.60 and a 1-year high of $588.26. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.47 and a quick ratio of 1.47.

CACI International (NYSE:CACI – Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The information technology services provider reported $8.40 earnings per share for the quarter, topping the consensus estimate of $6.54 by $1.86. The business had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.29 billion. CACI International had a net margin of 5.79% and a return on equity of 15.84%. The company’s revenue was up 13.0% compared to the same quarter last year. During the same quarter last year, the company posted $6.61 EPS. As a group, equities analysts anticipate that CACI International, Inc. will post 23.94 earnings per share for the current year.

Insider Buying and Selling at CACI International

In other news, CEO John S. Mengucci sold 10,175 shares of CACI International stock in a transaction on Monday, September 15th. The shares were sold at an average price of $492.82, for a total transaction of $5,014,443.50. Following the transaction, the chief executive officer owned 101,536 shares in the company, valued at $50,038,971.52. This trade represents a 9.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages recently weighed in on CACI. UBS Group reissued a “buy” rating and set a $614.00 price target (up previously from $562.00) on shares of CACI International in a research report on Friday, August 8th. Raymond James Financial reissued a “market perform” rating on shares of CACI International in a research report on Friday, August 8th. William Blair raised shares of CACI International from a “market perform” rating to an “outperform” rating in a research report on Monday, July 7th. Jefferies Financial Group downgraded shares of CACI International from a “buy” rating to a “hold” rating and reduced their price target for the company from $570.00 to $535.00 in a research report on Wednesday, August 6th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of CACI International in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $548.73.

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CACI International Profile

(Free Report)

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.

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