XTX Topco Ltd Invests $260,000 in The GEO Group, Inc. (NYSE:GEO)

XTX Topco Ltd acquired a new stake in shares of The GEO Group, Inc. (NYSE:GEO - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 9,296 shares of the real estate investment trust's stock, valued at approximately $260,000.

Several other institutional investors also recently made changes to their positions in GEO. Mariner LLC acquired a new stake in shares of The GEO Group in the fourth quarter worth $208,000. Barclays PLC lifted its position in The GEO Group by 5.7% during the 4th quarter. Barclays PLC now owns 228,790 shares of the real estate investment trust's stock worth $6,402,000 after acquiring an additional 12,343 shares in the last quarter. Summit Investment Advisors Inc. grew its position in The GEO Group by 12.5% in the fourth quarter. Summit Investment Advisors Inc. now owns 13,316 shares of the real estate investment trust's stock valued at $373,000 after acquiring an additional 1,479 shares in the last quarter. Sterling Capital Management LLC raised its stake in shares of The GEO Group by 12.9% during the fourth quarter. Sterling Capital Management LLC now owns 32,075 shares of the real estate investment trust's stock valued at $897,000 after purchasing an additional 3,664 shares during the period. Finally, Capital Fund Management S.A. lifted its position in shares of The GEO Group by 72.6% during the fourth quarter. Capital Fund Management S.A. now owns 77,674 shares of the real estate investment trust's stock worth $2,173,000 after purchasing an additional 32,677 shares in the last quarter. 76.10% of the stock is owned by hedge funds and other institutional investors.

The GEO Group Stock Down 1.2 %

Shares of GEO stock traded down $0.39 on Wednesday, reaching $31.22. 1,106,732 shares of the company's stock traded hands, compared to its average volume of 2,806,233. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.10 and a current ratio of 1.10. The company has a market capitalization of $4.40 billion, a P/E ratio of 107.66, a price-to-earnings-growth ratio of 2.11 and a beta of 0.78. The business's 50 day moving average price is $27.79 and its two-hundred day moving average price is $26.82. 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 released its quarterly 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 business 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%. On average, equities analysts forecast that The GEO Group, Inc. will post 0.83 earnings per share for the current year.

Insider Buying and Selling at The GEO Group

In related news, EVP Shayn P. March sold 7,500 shares of the stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $30.00, for a total transaction of $225,000.00. Following the sale, the executive vice president now directly owns 67,469 shares in the company, valued at $2,024,070. This represents a 10.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 5.30% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Noble Financial reiterated an "outperform" rating on shares of The GEO Group in a research note on Monday, March 24th. StockNews.com lowered shares of The GEO Group from a "hold" rating to a "sell" rating in a research note on Tuesday, April 1st. Jones Trading reissued a "buy" rating and issued a $55.00 price objective on shares of The GEO Group in a report on Friday, March 21st. Wedbush reaffirmed an "outperform" rating and set a $46.00 target price on shares of The GEO Group in a report on Tuesday, March 18th. Finally, UBS Group set a $35.00 target price on shares of The GEO Group in a report on Monday, March 24th. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $41.00.

The GEO Group Company Profile

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.