Zions Bancorporation N.A. Purchases 925 Shares of CACI International Inc (NYSE:CACI)

Zions Bancorporation N.A. increased its position in shares of CACI International Inc (NYSE:CACI) by 18.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 5,981 shares of the information technology services provider’s stock after purchasing an additional 925 shares during the quarter. Zions Bancorporation N.A.’s holdings in CACI International were worth $2,417,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in CACI. Geode Capital Management LLC increased its holdings in shares of CACI International by 5.0% during the third quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock worth $243,386,000 after purchasing an additional 22,823 shares during the period. Bank of New York Mellon Corp increased its stake in CACI International by 1.2% during the 4th quarter. Bank of New York Mellon Corp now owns 429,256 shares of the information technology services provider’s stock worth $173,445,000 after acquiring an additional 5,248 shares during the period. Van ECK Associates Corp raised its holdings in CACI International by 35.2% in the 4th quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider’s stock valued at $63,477,000 after acquiring an additional 40,867 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of CACI International by 37.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock valued at $29,745,000 after acquiring an additional 15,961 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH grew its holdings in shares of CACI International by 36.4% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 53,005 shares of the information technology services provider’s stock worth $21,417,000 after purchasing an additional 14,141 shares in the last quarter. 86.43% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Robert W. Baird reaffirmed an “outperform” rating and set a $640.00 price objective on shares of CACI International in a research report on Tuesday, December 17th. The Goldman Sachs Group downgraded shares of CACI International from a “neutral” rating to a “sell” rating and cut their price target for the stock from $540.00 to $373.00 in a report on Thursday, December 12th. Raymond James reissued an “outperform” rating and issued a $490.00 price objective (up from $475.00) on shares of CACI International in a research note on Thursday, January 23rd. Wells Fargo & Company cut their target price on CACI International from $536.00 to $480.00 and set an “overweight” rating for the company in a research note on Wednesday, February 26th. Finally, Cantor Fitzgerald upgraded CACI International to a “strong-buy” rating in a research note on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, two have given 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 an average target price of $517.31.

CACI International Stock Up 0.6 %

NYSE:CACI opened at $373.72 on Wednesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52. CACI International Inc has a one year low of $318.60 and a one year high of $588.26. The firm’s 50 day simple moving average is $377.33 and its 200 day simple moving average is $443.10. The company has a market cap of $8.38 billion, a PE ratio of 17.53, a P/E/G ratio of 1.01 and a beta of 0.88.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share 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, research analysts anticipate that CACI International Inc will post 23.94 earnings per share for the current year.

Insider Activity

In other news, Director Debora A. Plunkett sold 309 shares of the company’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total value of $112,358.58. Following the sale, the director now directly owns 2,315 shares of the company’s stock, valued at approximately $841,780.30. This represents a 11.78 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 1.35% of the company’s stock.

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.