Municipal Employees Retirement System of Michigan raised its stake in shares of CACI International, Inc. (NYSE:CACI) by 3.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,620 shares of the information technology services provider’s stock after buying an additional 290 shares during the period. Municipal Employees Retirement System of Michigan’s holdings in CACI International were worth $1,078,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of CACI. Teachers Advisors LLC boosted its position in shares of CACI International by 2.7% in the fourth quarter. Teachers Advisors LLC now owns 194,150 shares of the information technology services provider’s stock valued at $24,133,000 after buying an additional 5,152 shares during the period. Macquarie Group Ltd. bought a new position in shares of CACI International during the fourth quarter valued at $1,168,000. James Investment Research Inc. bought a new position in shares of CACI International during the first quarter valued at $328,000. Nationwide Fund Advisors boosted its position in shares of CACI International by 5.9% in the first quarter. Nationwide Fund Advisors now owns 50,848 shares of the information technology services provider’s stock valued at $5,964,000 after buying an additional 2,830 shares during the period. Finally, Independent Portfolio Consultants Inc. boosted its position in shares of CACI International by 7.0% in the first quarter. Independent Portfolio Consultants Inc. now owns 8,120 shares of the information technology services provider’s stock valued at $952,000 after buying an additional 530 shares during the period. 89.05% of the stock is owned by institutional investors and hedge funds.

Shares of CACI International, Inc. (NYSE CACI) opened at 128.85 on Friday. The company has a market capitalization of $3.15 billion, a PE ratio of 19.77 and a beta of 1.57. CACI International, Inc. has a 1-year low of $92.65 and a 1-year high of $135.35. The stock’s 50 day moving average price is $126.95 and its 200-day moving average price is $123.74.

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Several brokerages have weighed in on CACI. Noble Financial restated a “buy” rating on shares of CACI International in a research note on Saturday, June 24th. BidaskClub upgraded CACI International from a “strong sell” rating to a “sell” rating in a research note on Tuesday. Maxim Group restated a “buy” rating and set a $161.00 price objective on shares of CACI International in a research note on Thursday, June 22nd. Jefferies Group LLC upgraded CACI International from a “hold” rating to a “buy” rating and set a $154.00 price objective on the stock in a research note on Monday, July 17th. Finally, Cowen and Company upgraded CACI International from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $140.00 to $145.00 in a research note on Monday, June 12th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and ten have assigned a buy rating to the company’s stock. CACI International has an average rating of “Buy” and a consensus target price of $125.33.

In related news, Director Gregory G. Johnson sold 355 shares of the stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $127.00, for a total transaction of $45,085.00. Following the sale, the director now directly owns 4,965 shares of the company’s stock, valued at $630,555. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.15% of the company’s stock.

About CACI International

CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.

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Institutional Ownership by Quarter for CACI International (NYSE:CACI)

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