Capital Fund Management S.A. Increases Position in The GEO Group, Inc. (NYSE:GEO)

Capital Fund Management S.A. increased its position in The GEO Group, Inc. (NYSE:GEO - Free Report) by 72.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,674 shares of the real estate investment trust's stock after purchasing an additional 32,677 shares during the period. Capital Fund Management S.A. owned approximately 0.06% of The GEO Group worth $2,173,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. SRS Capital Advisors Inc. lifted its holdings in The GEO Group by 160.0% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,170 shares of the real estate investment trust's stock valued at $33,000 after acquiring an additional 720 shares during the period. Smartleaf Asset Management LLC increased its holdings in The GEO Group by 149.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,527 shares of the real estate investment trust's stock valued at $42,000 after buying an additional 915 shares during the last quarter. Jones Financial Companies Lllp raised its position in The GEO Group by 182.6% in the fourth quarter. Jones Financial Companies Lllp now owns 3,148 shares of the real estate investment trust's stock worth $88,000 after acquiring an additional 2,034 shares during the period. Rothschild Investment LLC grew its position in shares of The GEO Group by 6,800.0% during the 4th quarter. Rothschild Investment LLC now owns 4,140 shares of the real estate investment trust's stock valued at $116,000 after acquiring an additional 4,080 shares during the period. Finally, Morse Asset Management Inc purchased a new stake in shares of The GEO Group in the 3rd quarter worth $67,000. Hedge funds and other institutional investors own 76.10% of the company's stock.

Insider Transactions at The GEO Group

In related news, EVP Shayn P. March sold 7,500 shares of the stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $30.00, for a total value of $225,000.00. Following the transaction, the executive vice president now owns 67,469 shares of the company's stock, valued at $2,024,070. This represents a 10.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 5.30% of the company's stock.

The GEO Group Price Performance

Shares of GEO traded up $0.53 during mid-day trading on Friday, hitting $29.60. 1,912,449 shares of the stock were exchanged, compared to its average volume of 2,784,692. The firm has a 50-day moving average of $27.48 and a two-hundred day moving average of $25.95. The GEO Group, Inc. has a 52-week low of $11.75 and a 52-week high of $36.46. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.10 and a current ratio of 1.10. The company has a market cap of $4.17 billion, a PE ratio of 102.07, a price-to-earnings-growth ratio of 2.11 and a beta of 0.78.

The GEO Group (NYSE:GEO - Get Free Report) last released its earnings results on Thursday, February 27th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.08). The company had revenue of $607.72 million for the quarter, compared to the consensus estimate of $607.45 million. The GEO Group had a net margin of 2.00% and a return on equity of 9.20%. On average, equities analysts predict that The GEO Group, Inc. will post 0.83 earnings per share for the current year.

Wall Street Analyst Weigh In

GEO has been the subject of a number of analyst reports. Wedbush restated an "outperform" rating and issued a $46.00 price target on shares of The GEO Group in a research report on Tuesday, March 18th. Jones Trading reaffirmed a "buy" rating and issued a $55.00 target price on shares of The GEO Group in a report on Friday, March 21st. UBS Group set a $35.00 price target on The GEO Group in a report on Monday, March 24th. Noble Financial reiterated an "outperform" rating on shares of The GEO Group in a research report on Monday, March 24th. Finally, StockNews.com cut The GEO Group from a "hold" rating to a "sell" rating in a report on Tuesday, April 1st. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. According to MarketBeat.com, The GEO Group has an average rating of "Moderate Buy" and a consensus price target of $41.00.

The GEO Group Profile

The GEO Group, Inc NYSE: GEO engages in ownership, leasing, and management of secure facilities, processing centers, and community-based reentry facilities in the United States, Australia, the United Kingdom, and South Africa. The company also provides secure facility management services, including the provision of security, administrative, rehabilitation, education, and food services; reentry services, such as temporary housing, programming, employment assistance, and other services; electronic monitoring and supervision services; and transportation services; as well as designs, constructs, and finances new facilities through projects.