National Bank of Canada FI Has $19.78 Million Holdings in CoreCivic, Inc. (NYSE:CXW)

National Bank of Canada FI grew its holdings in CoreCivic, Inc. (NYSE:CXW - Free Report) by 19.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 910,000 shares of the real estate investment trust's stock after buying an additional 148,508 shares during the quarter. National Bank of Canada FI owned 0.83% of CoreCivic worth $19,783,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of CoreCivic by 47.2% during 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 worth $2,447,000 after buying an additional 62,022 shares during the period. Barclays PLC lifted its holdings in shares of CoreCivic by 312.4% during the third quarter. Barclays PLC now owns 184,332 shares of the real estate investment trust's stock valued at $2,331,000 after acquiring an additional 139,631 shares during the period. Allianz Asset Management GmbH boosted its stake in shares of CoreCivic by 11.4% in the 4th quarter. Allianz Asset Management GmbH now owns 1,513,031 shares of the real estate investment trust's stock valued at $32,893,000 after purchasing an additional 154,426 shares in the last quarter. Empowered Funds LLC bought a new stake in shares of CoreCivic in the 4th quarter worth about $1,477,000. Finally, Teacher Retirement System of Texas acquired a new stake in shares of CoreCivic during the 4th quarter worth about $4,582,000. 85.13% of the stock is owned by institutional investors.

CoreCivic Trading Down 1.2 %

CXW opened at $20.46 on Friday. The firm has a 50 day simple moving average of $19.50 and a 200 day simple moving average of $18.83. CoreCivic, Inc. has a fifty-two week low of $10.74 and a fifty-two week high of $24.99. The company has a market cap of $2.23 billion, a price-to-earnings ratio of 33.55 and a beta of 1.02. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.57 and a quick ratio of 1.51.

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CoreCivic (NYSE:CXW - Get Free Report) last issued its earnings results on Monday, February 10th. The real estate investment trust reported $0.39 EPS for the quarter, beating 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%. On average, sell-side analysts anticipate that CoreCivic, Inc. will post 1.5 earnings per share for the current year.

Analyst Upgrades and Downgrades

CXW has been the subject of a number of research analyst reports. Noble Financial raised shares of CoreCivic from a "market perform" rating to an "outperform" rating in a research note on Wednesday, February 12th. Wedbush reissued an "outperform" rating and issued a $30.00 target price on shares of CoreCivic in a research note on Tuesday, February 11th. Finally, StockNews.com raised CoreCivic from a "hold" rating to a "buy" rating in a research note on Wednesday, February 26th.

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.

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