Barclays PLC Raises Stock Holdings in CoreCivic, Inc. (NYSE:CXW)

Barclays PLC lifted its stake in CoreCivic, Inc. (NYSE:CXW - Free Report) by 312.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 184,332 shares of the real estate investment trust's stock after purchasing an additional 139,631 shares during the quarter. Barclays PLC owned about 0.17% of CoreCivic worth $2,331,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of CXW. National Bank of Canada FI lifted its position in CoreCivic by 22.5% during the 3rd quarter. National Bank of Canada FI now owns 761,492 shares of the real estate investment trust's stock worth $9,633,000 after acquiring an additional 140,000 shares during the period. Wellington Management Group LLP raised its stake in shares of CoreCivic by 1.9% in the third quarter. Wellington Management Group LLP now owns 1,059,925 shares of the real estate investment trust's stock worth $13,408,000 after purchasing an additional 19,706 shares during the last quarter. Weiss Asset Management LP lifted its holdings in shares of CoreCivic by 74.3% during the third quarter. Weiss Asset Management LP now owns 498,690 shares of the real estate investment trust's stock worth $6,308,000 after purchasing an additional 212,569 shares during the period. State Street Corp boosted its position in CoreCivic by 0.4% in the third quarter. State Street Corp now owns 4,200,268 shares of the real estate investment trust's stock valued at $53,133,000 after buying an additional 18,415 shares during the last quarter. Finally, Quarry LP lifted its stake in CoreCivic by 300.5% during the 3rd quarter. Quarry LP now owns 14,226 shares of the real estate investment trust's stock valued at $180,000 after acquiring an additional 10,674 shares during the period. 85.13% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CXW. Wedbush raised shares of CoreCivic from a "neutral" rating to an "outperform" rating and lifted their target price for the company from $19.00 to $30.00 in a report on Tuesday, December 10th. Northland Securities raised their price objective on CoreCivic from $17.00 to $32.00 and gave the company an "outperform" rating in a report on Friday, November 8th.

CoreCivic Trading Up 0.6 %

Shares of CXW traded up $0.14 during trading on Thursday, reaching $21.78. 716,924 shares of the company traded hands, compared to its average volume of 1,024,047. The stock has a 50-day simple moving average of $19.47 and a 200-day simple moving average of $15.30. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.66. CoreCivic, Inc. has a twelve month low of $10.74 and a twelve month high of $24.99. The stock has a market cap of $2.40 billion, a PE ratio of 32.51 and a beta of 1.02.

Insider Buying and Selling at CoreCivic

In other CoreCivic news, Director Anne L. Mariucci sold 10,000 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $24.00, for a total value of $240,000.00. Following the sale, the director now owns 101,936 shares of the company's stock, valued at $2,446,464. This trade represents a 8.93 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO David Garfinkle sold 50,000 shares of the business's stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $24.20, for a total value of $1,210,000.00. Following the transaction, the chief financial officer now directly owns 276,528 shares of the company's stock, valued at approximately $6,691,977.60. This represents a 15.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 110,000 shares of company stock valued at $2,490,520 in the last three months. 2.21% of the stock is owned by corporate insiders.

About CoreCivic

CoreCivic, Inc owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America's recidivism crisis, and government real estate solutions.