Capula Management Ltd Buys New Position in CoreCivic, Inc. (NYSE:CXW)

Capula Management Ltd bought a new stake in CoreCivic, Inc. (NYSE:CXW - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 14,691 shares of the real estate investment trust's stock, valued at approximately $319,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State Street Corp raised its position in shares of 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. Geode Capital Management LLC raised its holdings in CoreCivic by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 2,570,005 shares of the real estate investment trust's stock valued at $32,517,000 after acquiring an additional 18,410 shares during the last quarter. Allianz Asset Management GmbH lifted its stake in shares of CoreCivic by 11.4% during the 4th quarter. Allianz Asset Management GmbH now owns 1,513,031 shares of the real estate investment trust's stock worth $32,893,000 after purchasing an additional 154,426 shares during the period. Wellington Management Group LLP boosted its holdings in shares of CoreCivic by 1.9% during 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. Finally, National Bank of Canada FI grew its position in shares of CoreCivic by 19.5% in the fourth quarter. National Bank of Canada FI now owns 910,000 shares of the real estate investment trust's stock valued at $19,783,000 after purchasing an additional 148,508 shares during the period. 85.13% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CXW. Noble Financial upgraded CoreCivic from a "market perform" rating to an "outperform" rating in a research report on Wednesday, February 12th. Wedbush reiterated an "outperform" rating and set a $30.00 price objective on shares of CoreCivic in a report on Tuesday, February 11th. Finally, StockNews.com upgraded shares of CoreCivic from a "hold" rating to a "buy" rating in a report on Wednesday, February 26th.

CoreCivic Trading Up 3.1 %

CoreCivic stock traded up $0.65 during midday trading on Friday, reaching $21.51. The stock had a trading volume of 1,106,991 shares, compared to its average volume of 1,109,646. The stock has a market capitalization of $2.35 billion, a PE ratio of 35.26 and a beta of 0.86. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.51 and a current ratio of 1.57. The stock's 50-day simple moving average is $19.45 and its 200 day simple moving average is $19.27. CoreCivic, Inc. has a twelve month low of $10.74 and a twelve month high of $24.99.

CoreCivic (NYSE:CXW - Get Free Report) last issued its earnings results on Monday, February 10th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.06. CoreCivic had a return on equity of 5.97% and a net margin of 3.51%. Analysts expect that CoreCivic, Inc. will post 1.5 EPS for the current year.

CoreCivic Profile

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.