Legato Capital Management LLC Reduces Stock Holdings in CACI International Inc (NYSE:CACI)

Legato Capital Management LLC lessened its stake in shares of CACI International Inc (NYSE:CACI) by 40.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,336 shares of the information technology services provider’s stock after selling 904 shares during the quarter. Legato Capital Management LLC’s holdings in CACI International were worth $540,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of CACI. First Horizon Advisors Inc. boosted its stake in CACI International by 40.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock worth $32,000 after purchasing an additional 18 shares during the period. UMB Bank n.a. lifted its position in CACI International by 37.2% in the fourth quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock valued at $43,000 after purchasing an additional 29 shares during the period. Coastline Trust Co purchased a new stake in CACI International in the 3rd quarter valued at approximately $45,000. GAMMA Investing LLC increased its position in CACI International by 69.4% during the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock worth $49,000 after purchasing an additional 50 shares during the period. Finally, Rosenberg Matthew Hamilton raised its stake 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 worth $107,000 after buying an additional 19 shares in the last quarter. Institutional investors and hedge funds own 86.43% of the company’s stock.

CACI International Price Performance

CACI International stock opened at $338.51 on Friday. The stock has a market capitalization of $7.59 billion, a P/E ratio of 15.88, a P/E/G ratio of 1.09 and a beta of 0.87. CACI International Inc has a 12-month low of $334.05 and a 12-month high of $588.26. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52. The firm’s 50-day moving average is $408.96 and its two-hundred day moving average is $464.06.

CACI International (NYSE:CACI) last released its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS for the quarter, topping the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. Equities analysts predict that CACI International Inc will post 24.41 earnings per share for the current year.

Analyst Ratings Changes

CACI has been the topic of a number of recent analyst reports. TD Cowen dropped their price objective on CACI International from $610.00 to $480.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Robert W. Baird reaffirmed an “outperform” rating and set a $640.00 price target on shares of CACI International in a research note on Tuesday, December 17th. Raymond James reiterated an “outperform” rating and issued a $490.00 price objective (up previously from $475.00) on shares of CACI International in a research note on Thursday, January 23rd. Wells Fargo & Company increased their target price on shares of CACI International from $503.00 to $536.00 and gave the company an “overweight” rating in a report on Friday, January 24th. Finally, The Goldman Sachs Group lowered CACI International from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $540.00 to $373.00 in a research note on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $526.23.

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.