Nisa Investment Advisors LLC Trims Stake in CACI International, Inc. (NYSE:CACI)

Nisa Investment Advisors LLC lessened its holdings in shares of CACI International, Inc. (NYSE:CACI) by 8.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,053 shares of the information technology services provider’s stock after selling 200 shares during the quarter. Nisa Investment Advisors LLC’s holdings in CACI International were worth $753,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. GAMMA Investing LLC grew its stake in shares of CACI International by 91,931.1% during the first quarter. GAMMA Investing LLC now owns 112,278 shares of the information technology services provider’s stock valued at $41,197,000 after acquiring an additional 112,156 shares in the last quarter. Sterling Capital Management LLC boosted its position in shares of CACI International by 256.0% during the fourth quarter. Sterling Capital Management LLC now owns 74,708 shares of the information technology services provider’s stock worth $30,187,000 after buying an additional 53,724 shares during the period. Vaughan Nelson Investment Management L.P. lifted its position in CACI International by 36.3% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 90,078 shares of the information technology services provider’s stock worth $33,051,000 after purchasing an additional 24,010 shares during the period. Russell Investments Group Ltd. lifted its position in CACI International by 51.9% in the fourth quarter. Russell Investments Group Ltd. now owns 46,919 shares of the information technology services provider’s stock worth $18,936,000 after purchasing an additional 16,037 shares during the period. Finally, Peregrine Capital Management LLC acquired a new stake in CACI International in the first quarter worth approximately $4,999,000. Hedge funds and other institutional investors own 86.43% of the company’s stock.

CACI International Stock Performance

Shares of CACI stock opened at $474.74 on Wednesday. CACI International, Inc. has a one year low of $318.60 and a one year high of $588.26. The firm has a 50-day moving average of $463.02 and a 200-day moving average of $419.02. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.58 and a quick ratio of 1.58. The company has a market cap of $10.44 billion, a P/E ratio of 22.40, a P/E/G ratio of 1.27 and a beta of 0.66.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, April 23rd. The information technology services provider reported $6.23 EPS for the quarter, beating the consensus estimate of $5.53 by $0.70. The company had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.13 billion. CACI International had a net margin of 5.70% and a return on equity of 15.23%. CACI International’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $5.74 earnings per share. Equities research analysts forecast that CACI International, Inc. will post 23.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CACI. Stifel Nicolaus began coverage on shares of CACI International in a research note on Tuesday, June 24th. They set a “buy” rating and a $576.00 target price on the stock. Truist Financial set a $525.00 target price on shares of CACI International and gave the company a “buy” rating in a research note on Friday, April 25th. Wells Fargo & Company boosted their target price on shares of CACI International from $438.00 to $513.00 and gave the company an “overweight” rating in a research note on Monday, April 28th. Barclays boosted their price target on shares of CACI International from $450.00 to $510.00 and gave the company an “overweight” rating in a report on Tuesday, April 29th. Finally, UBS Group restated a “buy” rating on shares of CACI International in a report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, CACI International has an average rating of “Moderate Buy” and an average price target of $520.31.

About CACI International

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.