UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $2.45 Million Position in CoreCivic, Inc. (NYSE:CXW)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of CoreCivic, Inc. (NYSE:CXW - Free Report) by 47.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 193,459 shares of the real estate investment trust's stock after acquiring an additional 62,022 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.18% of CoreCivic worth $2,447,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of CXW. Headlands Technologies LLC bought a new position in CoreCivic in the 2nd quarter valued at about $29,000. nVerses Capital LLC bought a new position in CoreCivic in the 2nd quarter valued at about $40,000. GAMMA Investing LLC grew its position in CoreCivic by 77.7% in the 3rd quarter. GAMMA Investing LLC now owns 3,733 shares of the real estate investment trust's stock valued at $47,000 after buying an additional 1,632 shares in the last quarter. Innealta Capital LLC bought a new position in CoreCivic in the 2nd quarter valued at about $87,000. Finally, Chesapeake Capital Corp IL bought a new position in CoreCivic in the 3rd quarter valued at about $139,000. Institutional investors own 85.13% of the company's stock.

Analyst Ratings Changes

A number of brokerages have weighed in on CXW. Northland Securities upped their price target on shares of CoreCivic from $17.00 to $32.00 and gave the company an "outperform" rating in a report on Friday, November 8th. Wedbush raised shares of CoreCivic from a "neutral" rating to an "outperform" rating and upped their price target for the company from $19.00 to $30.00 in a report on Tuesday, December 10th.

Insider Transactions at CoreCivic

In other CoreCivic news, Director Anne L. Mariucci sold 10,000 shares of CoreCivic stock in a transaction on Monday, November 11th. The stock was sold at an average price of $24.00, for a total transaction of $240,000.00. Following the completion of the transaction, the director now directly owns 101,936 shares of the company's stock, valued at approximately $2,446,464. This trade represents a 8.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Cole G. Carter sold 8,000 shares of CoreCivic stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $12.58, for a total value of $100,640.00. Following the transaction, the executive vice president now directly owns 207,847 shares of the company's stock, valued at approximately $2,614,715.26. The trade was a 3.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 110,000 shares of company stock worth $2,490,520. Insiders own 1.89% of the company's stock.

CoreCivic Stock Down 0.6 %

NYSE:CXW traded down $0.14 during mid-day trading on Friday, reaching $21.88. The stock had a trading volume of 555,762 shares, compared to its average volume of 1,018,796. CoreCivic, Inc. has a fifty-two week low of $10.74 and a fifty-two week high of $24.99. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.51 and a quick ratio of 1.51. The business's 50 day moving average is $18.18 and its 200 day moving average is $15.00. The stock has a market cap of $2.41 billion, a P/E ratio of 32.66 and a beta of 1.02.

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.