WINTON GROUP Ltd Decreases Stock Position in CoreCivic, Inc. (NYSE:CXW)

WINTON GROUP Ltd cut its stake in shares of CoreCivic, Inc. (NYSE:CXW - Free Report) by 75.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,675 shares of the real estate investment trust's stock after selling 60,428 shares during the quarter. WINTON GROUP Ltd's holdings in CoreCivic were worth $428,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its stake in CoreCivic by 318.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,442 shares of the real estate investment trust's stock valued at $53,000 after purchasing an additional 1,859 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of CoreCivic by 25.5% during the fourth quarter. GAMMA Investing LLC now owns 4,686 shares of the real estate investment trust's stock worth $102,000 after purchasing an additional 953 shares during the period. KBC Group NV boosted its position in CoreCivic by 57.3% in the fourth quarter. KBC Group NV now owns 5,477 shares of the real estate investment trust's stock valued at $119,000 after buying an additional 1,995 shares during the last quarter. Tidal Investments LLC acquired a new position in CoreCivic in the 3rd quarter worth approximately $139,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in CoreCivic in the 3rd quarter worth approximately $144,000. 85.13% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have commented on CXW shares. Wedbush restated an "outperform" rating and set a $30.00 price objective on shares of CoreCivic in a research note on Tuesday, February 11th. StockNews.com raised shares of CoreCivic from a "hold" rating to a "buy" rating in a report on Wednesday, February 26th. Finally, Noble Financial upgraded CoreCivic from a "market perform" rating to an "outperform" rating in a research note on Wednesday, February 12th.

CoreCivic Stock Performance

Shares of NYSE CXW traded down $1.04 during midday trading on Friday, reaching $19.41. 987,519 shares of the stock were exchanged, compared to its average volume of 1,093,875. The company has a quick ratio of 1.51, a current ratio of 1.57 and a debt-to-equity ratio of 0.65. The firm has a market cap of $2.11 billion, a price-to-earnings ratio of 31.82 and a beta of 1.02. The firm has a 50-day simple moving average of $19.46 and a two-hundred day simple moving average of $18.88. CoreCivic, Inc. has a twelve month low of $10.74 and a twelve month high of $24.99.

CoreCivic (NYSE:CXW - Get Free Report) last released its quarterly 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%. As a group, analysts anticipate that CoreCivic, Inc. will post 1.5 EPS for the current fiscal year.

CoreCivic 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.