Dimensional Fund Advisors LP Has $1.73 Million Holdings in The GEO Group, Inc. (NYSE:GEO)

Dimensional Fund Advisors LP trimmed its holdings in The GEO Group, Inc. (NYSE:GEO - Free Report) by 19.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,847 shares of the real estate investment trust's stock after selling 14,861 shares during the period. Dimensional Fund Advisors LP's holdings in The GEO Group were worth $1,730,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of GEO. SRS Capital Advisors Inc. raised its position in The GEO Group by 160.0% during the fourth 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 in the last quarter. Smartleaf Asset Management LLC lifted its stake in The GEO Group by 149.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,527 shares of the real estate investment trust's stock valued at $42,000 after purchasing an additional 915 shares during the last quarter. NewEdge Advisors LLC bought a new stake in shares of The GEO Group during the fourth quarter worth about $29,000. Tyler Stone Wealth Management grew its stake in shares of The GEO Group by 8.4% in the fourth quarter. Tyler Stone Wealth Management now owns 13,314 shares of the real estate investment trust's stock worth $373,000 after purchasing an additional 1,030 shares during the last quarter. Finally, Arizona State Retirement System raised its position in shares of The GEO Group by 3.3% during the fourth quarter. Arizona State Retirement System now owns 40,537 shares of the real estate investment trust's stock worth $1,134,000 after acquiring an additional 1,289 shares during the last quarter. Institutional investors and hedge funds own 76.10% of the company's stock.

Analyst Ratings Changes

GEO has been the subject of several research analyst reports. UBS Group set a $35.00 price objective on The GEO Group in a research report on Monday, March 24th. Noble Financial reiterated an "outperform" rating on shares of The GEO Group in a report on Monday, March 24th. StockNews.com raised shares of The GEO Group from a "sell" rating to a "hold" rating in a research report on Friday, May 9th. Wedbush reissued an "outperform" rating and set a $36.00 target price (down from $46.00) on shares of The GEO Group in a research report on Thursday, May 8th. Finally, Jones Trading lowered their price target on shares of The GEO Group from $55.00 to $50.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $38.00.

The GEO Group Trading Down 0.3%

Shares of GEO stock opened at $26.51 on Thursday. The company's fifty day simple moving average is $28.39 and its two-hundred day simple moving average is $27.76. The GEO Group, Inc. has a 1 year low of $11.75 and a 1 year high of $36.46. The stock has a market capitalization of $3.75 billion, a price-to-earnings ratio of 91.42, a PEG ratio of 2.11 and a beta of 0.80. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.10 and a quick ratio of 1.10.

The GEO Group (NYSE:GEO - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by ($0.04). The business had revenue of $604.65 million for the quarter, compared to the consensus estimate of $611.81 million. The GEO Group had a net margin of 2.00% and a return on equity of 9.20%. During the same quarter last year, the business posted $0.14 EPS. As a group, analysts anticipate that The GEO Group, Inc. will post 0.83 earnings per share for the current year.

Insider Buying and Selling

In other The GEO Group news, EVP Shayn P. March sold 7,500 shares of The GEO Group stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $30.00, for a total value of $225,000.00. Following the transaction, the executive vice president now directly owns 67,469 shares of the company's stock, valued at $2,024,070. The trade was a 10.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 5.30% of the stock is currently owned by corporate insiders.

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.

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