CoreCivic, Inc. (NYSE:CXW) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets decreased its holdings in CoreCivic, Inc. (NYSE:CXW - Free Report) by 55.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 69,084 shares of the real estate investment trust's stock after selling 84,435 shares during the quarter. BNP Paribas Financial Markets owned 0.06% of CoreCivic worth $1,502,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Barclays PLC raised its holdings in CoreCivic by 312.4% in the 3rd quarter. Barclays PLC now owns 184,332 shares of the real estate investment trust's stock worth $2,331,000 after purchasing an additional 139,631 shares during the period. Allianz Asset Management GmbH raised its holdings in shares of CoreCivic by 11.4% during the fourth quarter. Allianz Asset Management GmbH now owns 1,513,031 shares of the real estate investment trust's stock valued at $32,893,000 after acquiring an additional 154,426 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of CoreCivic during the fourth quarter valued at approximately $1,477,000. Nebula Research & Development LLC acquired a new position in shares of CoreCivic during the fourth quarter valued at approximately $361,000. Finally, Teacher Retirement System of Texas acquired a new position in shares of CoreCivic during the fourth quarter valued at approximately $4,582,000. Institutional investors and hedge funds own 85.13% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Wall Street Zen raised CoreCivic from a "hold" rating to a "buy" rating in a report on Saturday. 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 research report on Wednesday, February 12th.

Insider Buying and Selling at CoreCivic

In other CoreCivic news, EVP Anthony L. Grande sold 10,000 shares of the firm's stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $22.22, for a total transaction of $222,200.00. Following the transaction, the executive vice president now owns 180,559 shares of the company's stock, valued at approximately $4,012,020.98. This trade represents a 5.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Patrick D. Swindle sold 23,000 shares of the firm's stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $22.39, for a total value of $514,970.00. Following the transaction, the chief operating officer now directly owns 241,630 shares in the company, valued at approximately $5,410,095.70. The trade was a 8.69% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 180,246 shares of company stock worth $3,974,455 over the last ninety days. Corporate insiders own 2.30% of the company's stock.

CoreCivic Trading Down 1.3%

NYSE:CXW traded down $0.29 during trading hours on Friday, reaching $22.11. 568,309 shares of the stock were exchanged, compared to its average volume of 1,158,624. 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 business has a 50-day moving average of $21.42 and a two-hundred day moving average of $21.04. CoreCivic, Inc. has a twelve month low of $10.74 and a twelve month high of $24.99. The company has a market capitalization of $2.41 billion, a price-to-earnings ratio of 36.24 and a beta of 0.79.

CoreCivic (NYSE:CXW - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The real estate investment trust reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.35 by $0.10. CoreCivic had a return on equity of 5.97% and a net margin of 3.51%. The company had revenue of $488.60 million for the quarter, compared to analysts' expectations of $478.49 million. During the same period in the prior year, the firm earned $0.46 earnings per share. The firm's revenue was down 2.4% compared to the same quarter last year. On average, equities analysts predict that CoreCivic, Inc. will post 1.5 EPS for the current 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.