CoreCivic, Inc. (NYSE:CXW) Shares Acquired by Fox Run Management L.L.C.

Fox Run Management L.L.C. raised its position in shares of CoreCivic, Inc. (NYSE:CXW - Free Report) by 31.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 70,151 shares of the real estate investment trust's stock after purchasing an additional 16,662 shares during the quarter. Fox Run Management L.L.C. owned 0.06% of CoreCivic worth $1,525,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in CXW. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of CoreCivic by 47.2% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 193,459 shares of the real estate investment trust's stock valued at $2,447,000 after acquiring an additional 62,022 shares during the last quarter. Barclays PLC boosted its holdings in CoreCivic by 312.4% in the third quarter. Barclays PLC now owns 184,332 shares of the real estate investment trust's stock valued at $2,331,000 after purchasing an additional 139,631 shares during the last quarter. Allianz Asset Management GmbH boosted its stake in shares of CoreCivic by 11.4% in the fourth quarter. Allianz Asset Management GmbH now owns 1,513,031 shares of the real estate investment trust's stock worth $32,893,000 after buying an additional 154,426 shares during the last quarter. Empowered Funds LLC purchased a new position in CoreCivic during the fourth quarter valued at approximately $1,477,000. Finally, Algert Global LLC lifted its holdings in CoreCivic by 348.2% in the third quarter. Algert Global LLC now owns 50,883 shares of the real estate investment trust's stock valued at $644,000 after acquiring an additional 39,530 shares during the period. Hedge funds and other institutional investors own 85.13% of the company's stock.

CoreCivic Price Performance

NYSE CXW traded up $0.23 during mid-day trading on Wednesday, hitting $20.48. The stock had a trading volume of 1,029,036 shares, compared to its average volume of 1,038,071. CoreCivic, Inc. has a twelve month low of $10.74 and a twelve month high of $24.99. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.57 and a quick ratio of 1.51. The firm's 50 day moving average is $19.80 and its 200 day moving average is $18.55. The stock has a market capitalization of $2.23 billion, a price-to-earnings ratio of 33.58 and a beta of 1.02.

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Noble Financial raised shares of CoreCivic from a "market perform" rating to an "outperform" rating in a research note on Wednesday, February 12th. Wedbush restated an "outperform" rating and set a $30.00 price objective 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 research report on Wednesday, February 26th.

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.