Vaughan Nelson Investment Management L.P. Sells 13,101 Shares of CACI International, Inc. $CACI

Vaughan Nelson Investment Management L.P. lessened its stake in CACI International, Inc. (NYSE:CACI) by 14.5% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,977 shares of the information technology services provider’s stock after selling 13,101 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in CACI International were worth $36,695,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of CACI International by 15.5% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 200,214 shares of the information technology services provider’s stock valued at $73,463,000 after purchasing an additional 26,804 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its position in shares of CACI International by 3.8% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 49,355 shares of the information technology services provider’s stock valued at $18,109,000 after acquiring an additional 1,829 shares during the last quarter. Valley Wealth Managers Inc. increased its position in shares of CACI International by 6.1% during the first quarter. Valley Wealth Managers Inc. now owns 47,783 shares of the information technology services provider’s stock valued at $17,533,000 after acquiring an additional 2,752 shares during the last quarter. Private Capital Advisors Inc. increased its position in shares of CACI International by 1.7% during the first quarter. Private Capital Advisors Inc. now owns 42,225 shares of the information technology services provider’s stock valued at $15,493,000 after acquiring an additional 725 shares during the last quarter. Finally, MetLife Investment Management LLC increased its position in shares of CACI International by 77.1% during the first quarter. MetLife Investment Management LLC now owns 22,363 shares of the information technology services provider’s stock valued at $8,205,000 after acquiring an additional 9,737 shares during the last quarter. Institutional investors own 86.43% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. Truist Financial set a $575.00 price target on CACI International in a research report on Friday, August 8th. Raymond James Financial reaffirmed a “market perform” rating on shares of CACI International in a research report on Friday, August 8th. William Blair raised CACI International from a “market perform” rating to an “outperform” rating in a research report on Monday, July 7th. The Goldman Sachs Group raised CACI International from a “sell” rating to a “buy” rating and raised their target price for the stock from $407.00 to $544.00 in a research report on Wednesday, August 13th. Finally, UBS Group reissued a “buy” rating and issued a $614.00 target price (up from $562.00) on shares of CACI International in a research report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $548.73.

Insider Transactions at CACI International

In related news, CEO John S. Mengucci sold 10,175 shares of CACI International stock in a transaction on Monday, September 15th. The stock was sold at an average price of $492.82, for a total transaction of $5,014,443.50. Following the completion of the sale, the chief executive officer owned 101,536 shares of the company’s stock, valued at approximately $50,038,971.52. This trade represents a 9.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.10% of the company’s stock.

CACI International Price Performance

NYSE:CACI opened at $529.56 on Friday. The firm has a market capitalization of $11.65 billion, a price-to-earnings ratio of 23.69, a P/E/G ratio of 1.95 and a beta of 0.63. CACI International, Inc. has a 52-week low of $318.60 and a 52-week high of $588.26. The stock has a fifty day moving average of $485.68 and a 200 day moving average of $458.18. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.47 and a current ratio of 1.47.

CACI International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, August 6th. The information technology services provider reported $8.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.54 by $1.86. The company had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.29 billion. CACI International had a return on equity of 15.84% and a net margin of 5.79%.The firm’s quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter last year, the company earned $6.61 earnings per share. On average, research analysts expect that CACI International, Inc. will post 23.94 EPS for the current fiscal year.

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.