Dynamic Technology Lab Private Ltd Has $271,000 Holdings in CoreCivic, Inc. (NYSE:CXW)

Dynamic Technology Lab Private Ltd reduced its stake in CoreCivic, Inc. (NYSE:CXW - Free Report) by 81.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,474 shares of the real estate investment trust's stock after selling 54,709 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in CoreCivic were worth $271,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in CXW. State Street Corp boosted its position in CoreCivic by 0.4% during the third quarter. State Street Corp now owns 4,200,268 shares of the real estate investment trust's stock worth $53,133,000 after purchasing an additional 18,415 shares during the period. Geode Capital Management LLC boosted 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 purchasing an additional 18,410 shares during the period. Allianz Asset Management GmbH grew its position 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 in the last quarter. Wellington Management Group LLP grew its position in shares of CoreCivic by 1.9% during the 3rd 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 in the last quarter. Finally, National Bank of Canada FI increased its holdings in shares of CoreCivic by 19.5% during the fourth quarter. National Bank of Canada FI now owns 910,000 shares of the real estate investment trust's stock worth $19,783,000 after purchasing an additional 148,508 shares during the period. 85.13% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on CXW shares. Noble Financial raised CoreCivic from a "market perform" rating to an "outperform" rating in a report on Wednesday, February 12th. Wedbush reiterated an "outperform" rating and issued a $30.00 target price on shares of CoreCivic in a research 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 Down 0.3 %

Shares of NYSE:CXW traded down $0.07 during midday trading on Wednesday, reaching $22.03. The company's stock had a trading volume of 92,011 shares, compared to its average volume of 1,231,680. The firm has a 50 day moving average price of $19.56 and a two-hundred day moving average price of $19.35. CoreCivic, Inc. has a fifty-two week low of $10.74 and a fifty-two week high of $24.99. The firm has a market capitalization of $2.41 billion, a price-to-earnings ratio of 36.07 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.

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

CoreCivic Company 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.