CoreCivic, Inc. (NYSE:CXW) Shares Sold by Nomura Holdings Inc.

Nomura Holdings Inc. lessened its position in shares of CoreCivic, Inc. (NYSE:CXW - Free Report) by 51.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 62,418 shares of the real estate investment trust's stock after selling 65,889 shares during the quarter. Nomura Holdings Inc. owned about 0.06% of CoreCivic worth $1,357,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Bank of Montreal Can boosted its stake in shares of CoreCivic by 8.0% during the fourth quarter. Bank of Montreal Can now owns 12,742 shares of the real estate investment trust's stock worth $277,000 after buying an additional 944 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of CoreCivic by 2.2% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,000 shares of the real estate investment trust's stock worth $1,348,000 after acquiring an additional 1,322 shares during the period. Exchange Traded Concepts LLC grew its holdings in CoreCivic by 2.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 57,312 shares of the real estate investment trust's stock valued at $1,246,000 after purchasing an additional 1,450 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings 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 acquiring an additional 1,859 shares in the last quarter. Finally, Meeder Asset Management Inc. purchased a new position in shares of CoreCivic during the 4th quarter worth approximately $43,000. Institutional investors and hedge funds own 85.13% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on CXW. Wall Street Zen raised shares of CoreCivic from a "hold" rating to a "buy" rating in a research note on Friday, May 16th. Noble Financial raised shares of CoreCivic from a "market perform" rating to an "outperform" rating in a research note on Wednesday, February 12th. Finally, Wedbush restated an "outperform" rating and set a $30.00 price target on shares of CoreCivic in a research note on Tuesday, February 11th.

Insider Transactions at CoreCivic

In other news, COO Patrick D. Swindle sold 23,000 shares of the stock in a transaction dated Tuesday, May 20th. The shares were sold at an average price of $22.39, for a total transaction of $514,970.00. Following the transaction, the chief operating officer now owns 241,630 shares of the company's stock, valued at approximately $5,410,095.70. This trade represents a 8.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Lucibeth Mayberry sold 75,000 shares of CoreCivic stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $21.49, for a total value of $1,611,750.00. Following the completion of the transaction, the executive vice president now owns 211,232 shares of the company's stock, valued at $4,539,375.68. This trade represents a 26.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 108,000 shares of company stock valued at $2,348,920. 2.30% of the stock is currently owned by corporate insiders.

CoreCivic Stock Down 1.4%

CXW stock traded down $0.31 during trading on Friday, reaching $22.09. The stock had a trading volume of 157,189 shares, compared to its average volume of 1,152,255. 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 firm has a fifty day moving average price of $21.37 and a 200 day moving average price of $20.96. The company has a market capitalization of $2.41 billion, a P/E ratio of 36.23 and a beta of 0.79. CoreCivic, Inc. has a 1-year low of $10.74 and a 1-year high of $24.99.

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 the consensus estimate of $0.35 by $0.10. CoreCivic had a return on equity of 5.97% and a net margin of 3.51%. The business had revenue of $488.60 million for the quarter, compared to analysts' expectations of $478.49 million. During the same quarter in the previous year, the firm posted $0.46 earnings per share. The company's revenue was down 2.4% compared to the same quarter last year. On average, equities analysts anticipate that CoreCivic, Inc. will post 1.5 earnings per share 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.