Quantbot Technologies LP Invests in CACI International Inc

Quantbot Technologies LP has recently made a new investment in CACI International Inc (NYSE:CACI - Free Report) as disclosed in the company’s latest filing with the Securities and Exchange Commission. In the fourth quarter, Quantbot acquired 9,956 shares of the technology services firm, which amounts to an investment valued at around $4,023,000.

Recent Investments in CACI International

Several other hedge funds have also adjusted their holdings in CACI recently. In the third quarter, First Horizon Advisors Inc. increased its investment in CACI International by 40.0%, now owning 63 shares valued at $32,000 after adding 18 shares. UMB Bank n.a. raised its stake in CACI during the fourth quarter by 37.2%, bringing its total share count to 107, worth $43,000 following the acquisition of an additional 29 shares. Additionally, Coastline Trust Co established a new position in CACI International last quarter, valued at approximately $45,000. Furthermore, GAMMA Investing LLC increased its holdings by 69.4% during the same quarter to own 122 shares, which are now valued at $49,000. Another investor, VSM Wealth Advisory LLC, also entered into a new stake in CACI International in the fourth quarter worth $69,000. It is noteworthy that currently 86.43% of CACI’s shares are held by institutional investors and hedge funds.

CACI International Stock Overview

On Friday, shares of CACI International opened at $373.22. The company holds a market capitalization of $8.37 billion, a PE ratio of 17.51, and a price-to-earnings growth ratio of 1.01 with a beta of 0.88. Over the past year, CACI International Inc has seen its stock fluctuate, reaching a low of $318.60 and a high of $588.26. The company’s 50-day simple moving average stands at $384.01, while its 200-day simple moving average is $448.51. Furthermore, CACI has a debt-to-equity ratio of 0.80 and both a quick ratio and current ratio of 1.52.

CACI International, which specializes in information technology services, announced its earnings on January 22nd, reporting earnings per share (EPS) of $5.95, surpassing the anticipated estimate of $5.28 by $0.67. The company has shown a return on equity of 15.30% and a net margin of 5.90%. Analysts predict that CACI will report an EPS of 23.94 for the current fiscal year.

Insider Transactions

In related news, Debora A. Plunkett, a director of the company, sold 309 shares on March 12th, at an average price of $363.62, totaling $112,358.58. After this transaction, her total holding decreased by 11.78%, leaving her with 2,315 shares valued at approximately $841,780.30. This information was disclosed through a filing with the Securities and Exchange Commission. Currently, 1.35% of the shares are owned by company insiders.

Analyst Opinions on CACI International

Multiple analysts have shared their perspectives on CACI International. On January 8th, TD Cowen revised its price target down from $610.00 to $480.00 while maintaining a "buy" rating. Similarly, William Blair downgraded the stock from an "outperform" to a "market perform" rating on February 21st. Conversely, Raymond James reaffirmed an "outperform" rating and increased the target price from $475.00 to $490.00 in a research note dated January 23rd. Truist Financial also lowered its price target from $650.00 to $550.00, labeling it a "buy" on November 22nd. Jefferies Financial Group made a notable upgrade, moving CACI from "hold" to "buy" and setting a target price of $515.00 on January 16th. Overall, one analyst rates the stock as a sell, two as hold, eleven as buy, and one as strong buy, averaging a rating of "Moderate Buy" with a consensus target price of $521.92.

CACI International Company Profile

(Free Report)

CACI International Inc offers expertise and technology services to clients in the areas of national security, intelligence, defense, and federal civilian sectors through its subsidiaries. The company operates through two primary segments: Domestic Operations and International Operations.

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