Vaughan Nelson Investment Management L.P. Has $36.70 Million Position in CACI International, Inc. $CACI

Vaughan Nelson Investment Management L.P. lessened its position in CACI International, Inc. (NYSE:CACI) by 14.5% in the second quarter, according to the company in its most recent 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 period. Vaughan Nelson Investment Management L.P. owned 0.35% of CACI International worth $36,695,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. V Square Quantitative Management LLC acquired a new position in CACI International in the 2nd quarter worth about $25,000. Wayfinding Financial LLC acquired a new position in CACI International in the 1st quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in CACI International by 180.0% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 140 shares of the information technology services provider’s stock worth $67,000 after purchasing an additional 90 shares in the last quarter. Steph & Co. acquired a new position in CACI International in the 2nd quarter worth about $102,000. Finally, Cary Street Partners Investment Advisory LLC increased its holdings in CACI International by 528.6% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 264 shares of the information technology services provider’s stock worth $97,000 after purchasing an additional 222 shares in the last quarter. Institutional investors and hedge funds own 86.43% of the company’s stock.

Analyst Ratings Changes

CACI has been the subject of several recent research reports. Raymond James Financial reissued a “market perform” rating on shares of CACI International in a research note on Friday, August 8th. Weiss Ratings reissued a “hold (c+)” rating on shares of CACI International in a research note on Saturday, September 27th. The Goldman Sachs Group raised CACI International from a “sell” rating to a “buy” rating and increased their price target for the company from $407.00 to $544.00 in a research note on Wednesday, August 13th. William Blair raised CACI International from a “market perform” rating to an “outperform” rating in a research note on Monday, July 7th. Finally, UBS Group reissued a “buy” rating and issued a $614.00 price target (up previously from $562.00) on shares of CACI International in a research note on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, CACI International presently has a consensus rating of “Moderate Buy” and an average target price of $548.73.

Insider Activity at CACI International

In other news, CEO John S. Mengucci sold 10,175 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 101,536 shares of the company’s stock, valued at $50,038,971.52. The trade was a 9.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.10% of the stock is currently owned by insiders.

CACI International Stock Up 2.0%

Shares of CACI International stock opened at $529.56 on Friday. CACI International, Inc. has a one year low of $318.60 and a one 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. The stock’s 50-day moving average is $485.68 and its 200 day moving average is $458.18. The firm has a market cap of $11.65 billion, a price-to-earnings ratio of 23.69, a PEG ratio of 1.95 and a beta of 0.63.

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

CACI International 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.