The GEO Group, Inc. (NYSE:GEO) is Prescott Group Capital Management L.L.C.'s 10th Largest Position

Prescott Group Capital Management L.L.C. raised its position in shares of The GEO Group, Inc. (NYSE:GEO - Free Report) by 45.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 350,914 shares of the real estate investment trust's stock after acquiring an additional 110,000 shares during the period. The GEO Group makes up approximately 0.6% of Prescott Group Capital Management L.L.C.'s holdings, making the stock its 10th biggest holding. Prescott Group Capital Management L.L.C. owned approximately 0.25% of The GEO Group worth $9,819,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of GEO. Point72 Asset Management L.P. increased its position in shares of The GEO Group by 363.5% during the 3rd quarter. Point72 Asset Management L.P. now owns 702,107 shares of the real estate investment trust's stock valued at $9,022,000 after purchasing an additional 968,601 shares during the last quarter. Hodges Capital Management Inc. grew its stake in shares of The GEO Group by 1,501.6% during the third quarter. Hodges Capital Management Inc. now owns 788,800 shares of the real estate investment trust's stock valued at $10,136,000 after buying an additional 739,550 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of The GEO Group by 91.9% in the fourth quarter. Nisa Investment Advisors LLC now owns 859,528 shares of the real estate investment trust's stock worth $24,050,000 after buying an additional 411,565 shares during the period. Philosophy Capital Management LLC lifted its stake in shares of The GEO Group by 17.1% during the 3rd quarter. Philosophy Capital Management LLC now owns 1,644,005 shares of the real estate investment trust's stock worth $21,125,000 after acquiring an additional 240,251 shares during the last quarter. Finally, Pinnbrook Capital Management LP purchased a new position in The GEO Group during the 4th quarter valued at $4,837,000. 76.10% of the stock is owned by hedge funds and other institutional investors.

Remove Ads

Analyst Ratings Changes

A number of analysts have weighed in on the company. UBS Group set a $32.00 target price on The GEO Group in a research note on Wednesday, March 5th. Noble Financial upgraded shares of The GEO Group from a "market perform" rating to an "outperform" rating and set a $32.00 price objective for the company in a report on Wednesday, March 5th. Finally, Wedbush restated an "outperform" rating on shares of The GEO Group in a research note on Tuesday, December 17th.

The GEO Group Stock Up 3.0 %

Shares of GEO stock traded up $0.68 during mid-day trading on Tuesday, hitting $23.60. The stock had a trading volume of 2,357,273 shares, compared to its average volume of 2,722,279. The firm has a market capitalization of $3.31 billion, a P/E ratio of 81.38, a price-to-earnings-growth ratio of 2.11 and a beta of 0.91. The firm's 50-day moving average is $29.07 and its two-hundred day moving average is $22.92. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.10 and a quick ratio of 1.10. The GEO Group, Inc. has a 12-month low of $11.75 and a 12-month high of $36.46.

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

About The GEO Group

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.