Cantor Fitzgerald initiated coverage on shares of CACI International (NYSE:CACI – Free Report) in a research report sent to investors on Friday morning, Marketbeat.com reports. The firm issued an overweight rating and a $535.00 target price on the information technology services provider’s stock.
A number of other research analysts have also issued reports on CACI. Truist Financial decreased their target price on CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Friday, November 22nd. UBS Group initiated coverage on shares of CACI International in a report on Monday, December 2nd. They set a “buy” rating and a $557.00 price objective on the stock. StockNews.com cut shares of CACI International from a “buy” rating to a “hold” rating in a research note on Saturday, January 25th. TD Cowen decreased their price target on shares of CACI International from $610.00 to $480.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Finally, Barclays boosted their price objective on CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat.com, CACI International has an average rating of “Moderate Buy” and an average target price of $526.23.
Check Out Our Latest Stock Report on CACI International
CACI International Stock Up 0.4 %
CACI International (NYSE:CACI – Get Free Report) last announced its quarterly earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share for the quarter, beating the consensus estimate of $5.28 by $0.67. CACI International had a return on equity of 15.30% and a net margin of 5.90%. On average, research analysts expect that CACI International will post 24.41 earnings per share for the current year.
Institutional Trading of CACI International
Several large investors have recently added to or reduced their stakes in the stock. UMB Bank n.a. boosted its position in shares of CACI International by 81.4% during the 3rd 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 last quarter. Wedge Capital Management L L P NC boosted its holdings in CACI International by 4.0% in the 3rd quarter. Wedge Capital Management L L P NC now owns 7,141 shares of the information technology services provider’s stock valued at $3,603,000 after purchasing an additional 275 shares during the last quarter. Argent Capital Management LLC purchased a new stake in shares of CACI International in the 3rd quarter valued at approximately $208,000. Nisa Investment Advisors LLC increased its holdings in shares of CACI International by 13.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,328 shares of the information technology services provider’s stock worth $1,175,000 after buying an additional 275 shares during the last quarter. Finally, Rosenberg Matthew Hamilton raised its position in shares of CACI International by 9.8% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock valued at $107,000 after buying an additional 19 shares during the period. 86.43% of the stock is currently owned by hedge funds and other institutional investors.
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.
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