Universal Beteiligungs und Servicegesellschaft mbH Invests $296,000 in Geo Group Inc (The) (NYSE:GEO)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Geo Group Inc (The) (NYSE:GEO - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,121 shares of the real estate investment trust's stock, valued at approximately $296,000.

Other large investors also recently added to or reduced their stakes in the company. NewEdge Advisors LLC acquired a new stake in shares of Geo Group in the fourth quarter valued at about $29,000. NBC Securities Inc. bought a new position in shares of Geo Group in the first quarter worth $58,000. Morse Asset Management Inc increased its holdings in shares of Geo Group by 29.0% in the 4th quarter. Morse Asset Management Inc now owns 6,760 shares of the real estate investment trust's stock worth $189,000 after buying an additional 1,520 shares during the last quarter. Mariner LLC bought a new stake in Geo Group during the 4th quarter valued at $208,000. Finally, Highland Capital Management LLC purchased a new stake in shares of Geo Group in the first quarter worth $210,000. 76.10% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

GEO has been the topic of several recent research reports. Wall Street Zen upgraded Geo Group from a "sell" rating to a "hold" rating in a report on Friday, May 9th. Jones Trading decreased their price objective on shares of Geo Group from $55.00 to $50.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Finally, Wedbush restated an "outperform" rating and issued a $36.00 price objective on shares of Geo Group in a report on Monday, June 23rd. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $38.00.

Geo Group Price Performance

GEO stock traded down $2.99 during midday trading on Wednesday, reaching $22.85. 10,586,098 shares of the stock were exchanged, compared to its average volume of 3,045,683. Geo Group Inc has a 52 week low of $11.75 and a 52 week high of $36.46. The company has a fifty day moving average price of $25.35 and a 200 day moving average price of $27.29. The stock has a market capitalization of $3.23 billion, a PE ratio of 120.26, a P/E/G ratio of 2.74 and a beta of 0.75. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.29 and a quick ratio of 1.29.

Geo Group (NYSE:GEO - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The real estate investment trust reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.06. Geo Group had a net margin of 1.19% and a return on equity of 7.36%. The company had revenue of $636.17 million during the quarter, compared to the consensus estimate of $621.55 million. During the same quarter in the previous year, the firm posted $0.23 earnings per share. Geo Group's revenue for the quarter was up 4.8% compared to the same quarter last year. As a group, analysts expect that Geo Group Inc will post 0.83 EPS for the current fiscal year.

About Geo Group

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.