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

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

Other institutional investors and hedge funds have also recently modified their holdings of the company. First Horizon Advisors Inc. raised its stake in CACI International by 40.0% during the third 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. raised its position in shares of CACI International by 37.2% during the 4th quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock valued at $43,000 after buying an additional 29 shares during the period. Coastline Trust Co acquired a new position in CACI International in the third quarter valued at approximately $45,000. GAMMA Investing LLC grew its position in CACI International by 69.4% in the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock worth $49,000 after acquiring an additional 50 shares during the period. Finally, Rosenberg Matthew Hamilton increased its stake in CACI International by 9.8% during the third quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock worth $107,000 after acquiring an additional 19 shares during the last quarter. Institutional investors and hedge funds own 86.43% of the company’s stock.

CACI International Stock Performance

Shares of CACI International stock opened at $338.51 on Friday. The business has a 50-day simple moving average of $408.96 and a 200-day simple moving average of $464.06. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.52 and a current ratio of 1.52. CACI International Inc has a one year low of $334.05 and a one year high of $588.26. The company has a market cap of $7.59 billion, a PE ratio of 15.88, a P/E/G ratio of 1.09 and a beta of 0.87.

CACI International (NYSE:CACI) last posted its quarterly 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%. On average, equities research analysts forecast that CACI International Inc will post 24.41 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently commented on CACI shares. UBS Group assumed coverage on CACI International in a research note on Monday, December 2nd. They issued a “buy” rating and a $557.00 price target on the stock. Barclays increased their target price on shares of CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 12th. Robert W. Baird restated an “outperform” rating and issued a $640.00 price objective on shares of CACI International in a report on Tuesday, December 17th. The Goldman Sachs Group downgraded shares of CACI International from a “neutral” rating to a “sell” rating and dropped their target price for the company from $540.00 to $373.00 in a report on Thursday, December 12th. Finally, Jefferies Financial Group upgraded CACI International from a “hold” rating to a “buy” rating and set a $515.00 price target on the stock in a research note on Thursday, January 16th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, CACI International has an average rating of “Moderate Buy” and a consensus target price of $526.23.

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.