Thompson Siegel & Walmsley LLC Trims Stock Holdings in The GEO Group, Inc. (NYSE:GEO)

Thompson Siegel & Walmsley LLC lowered its position in The GEO Group, Inc. (NYSE:GEO - Free Report) by 58.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 333,155 shares of the real estate investment trust's stock after selling 464,416 shares during the period. Thompson Siegel & Walmsley LLC owned 0.24% of The GEO Group worth $9,322,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in GEO. SRS Capital Advisors Inc. boosted its stake in The GEO Group by 160.0% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,170 shares of the real estate investment trust's stock valued at $33,000 after purchasing an additional 720 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in shares of 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. GAMMA Investing LLC grew its holdings in The GEO Group by 18.6% during the fourth quarter. GAMMA Investing LLC now owns 8,155 shares of the real estate investment trust's stock worth $228,000 after buying an additional 1,281 shares in the last quarter. Arizona State Retirement System raised its position in The GEO Group by 3.3% in the 4th quarter. Arizona State Retirement System now owns 40,537 shares of the real estate investment trust's stock valued at $1,134,000 after buying an additional 1,289 shares during the last quarter. Finally, KBC Group NV lifted its stake in The GEO Group by 37.2% during the 4th quarter. KBC Group NV now owns 6,023 shares of the real estate investment trust's stock valued at $169,000 after acquiring an additional 1,632 shares in the last quarter. Institutional investors and hedge funds own 76.10% of the company's stock.

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The GEO Group Stock Performance

Shares of NYSE:GEO traded up $0.18 during midday trading on Tuesday, reaching $26.47. The company had a trading volume of 2,129,511 shares, compared to its average volume of 2,702,360. The GEO Group, Inc. has a 52-week low of $11.75 and a 52-week high of $36.46. The company's 50 day moving average price is $28.77 and its 200 day moving average price is $23.34. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.25. The stock has a market cap of $3.72 billion, a P/E ratio of 91.27, a P/E/G ratio of 2.11 and a beta of 0.91.

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 analysts' consensus estimates 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%. As a group, sell-side analysts anticipate that The GEO Group, Inc. will post 0.83 EPS for the current fiscal year.

Wall Street Analyst Weigh In

GEO has been the subject of several recent analyst reports. Wedbush reiterated an "outperform" rating and issued a $46.00 target price on shares of The GEO Group in a research note on Tuesday. UBS Group set a $32.00 price target on shares of The GEO Group in a report on Wednesday, March 5th. Finally, Noble Financial raised shares of The GEO Group from a "market perform" rating to an "outperform" rating and set a $32.00 target price on the stock in a research report on Wednesday, March 5th.

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.