XTX Topco Ltd Acquires Shares of 29,822 CoreCivic, Inc. (NYSE:CXW)

XTX Topco Ltd purchased a new stake in shares of CoreCivic, Inc. (NYSE:CXW - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 29,822 shares of the real estate investment trust's stock, valued at approximately $648,000.

Other institutional investors have also bought and sold shares of the company. Bank of Montreal Can raised its holdings in shares of CoreCivic by 8.0% during the 4th quarter. Bank of Montreal Can now owns 12,742 shares of the real estate investment trust's stock valued at $277,000 after purchasing an additional 944 shares in the last quarter. GAMMA Investing LLC grew its position in CoreCivic by 25.5% in the 4th 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 last quarter. Exchange Traded Concepts LLC boosted its position in shares of CoreCivic by 2.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 57,312 shares of the real estate investment trust's stock valued at $1,246,000 after acquiring an additional 1,450 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of 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 acquiring an additional 1,859 shares in the last quarter. Finally, HighTower Advisors LLC boosted its position in shares of CoreCivic by 13.7% during the 3rd quarter. HighTower Advisors LLC now owns 15,549 shares of the real estate investment trust's stock valued at $205,000 after acquiring an additional 1,877 shares in the last quarter. Institutional investors and hedge funds own 85.13% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CXW. StockNews.com raised CoreCivic from a "hold" rating to a "buy" rating in a report on Wednesday, February 26th. Wedbush restated an "outperform" rating and issued a $30.00 price target on shares of CoreCivic in a research report on Tuesday, February 11th. Finally, Noble Financial upgraded CoreCivic from a "market perform" rating to an "outperform" rating in a report on Wednesday, February 12th.

CoreCivic Price Performance

CoreCivic stock traded up $0.28 during midday trading on Thursday, reaching $21.91. The company's stock had a trading volume of 271,980 shares, compared to its average volume of 1,120,237. CoreCivic, Inc. has a 52 week low of $10.74 and a 52 week high of $24.99. The company has a current ratio of 1.57, a quick ratio of 1.51 and a debt-to-equity ratio of 0.65. The business has a 50-day moving average price of $19.93 and a 200-day moving average price of $19.69. The stock has a market cap of $2.39 billion, a PE ratio of 35.86 and a beta of 0.86.

CoreCivic (NYSE:CXW - Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.39 EPS for the quarter, topping 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%. On average, sell-side analysts predict that CoreCivic, Inc. will post 1.5 EPS for the current year.

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.