Tudor Investment Corp ET AL boosted its holdings in CoreCivic, Inc. (NYSE:CXW - Free Report) by 1,398.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 411,772 shares of the real estate investment trust's stock after buying an additional 384,295 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.37% of CoreCivic worth $8,952,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cooper Creek Partners Management LLC raised its position in CoreCivic by 9.9% in the fourth quarter. Cooper Creek Partners Management LLC now owns 6,127,227 shares of the real estate investment trust's stock valued at $133,206,000 after purchasing an additional 553,336 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in CoreCivic during the 4th quarter worth approximately $11,733,000. Forest Avenue Capital Management LP bought a new stake in CoreCivic during the 4th quarter worth approximately $11,205,000. Nisa Investment Advisors LLC increased its position in CoreCivic by 13,071.0% in the 4th quarter. Nisa Investment Advisors LLC now owns 253,147 shares of the real estate investment trust's stock valued at $5,503,000 after acquiring an additional 251,225 shares during the period. Finally, Discovery Capital Management LLC CT bought a new position in shares of CoreCivic during the fourth quarter valued at $5,100,000. Institutional investors own 85.13% of the company's stock.
CoreCivic Trading Up 0.5 %
Shares of NYSE:CXW traded up $0.12 during trading on Friday, reaching $22.91. The stock had a trading volume of 979,330 shares, compared to its average volume of 1,140,421. CoreCivic, Inc. has a 52 week low of $10.74 and a 52 week high of $24.99. The firm's fifty day moving average is $20.48 and its 200 day moving average is $20.15. The stock has a market cap of $2.50 billion, a price-to-earnings ratio of 37.56 and a beta of 0.79. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.51 and a current ratio of 1.57.
CoreCivic (NYSE:CXW - Get Free Report) last issued its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.39 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $0.06. CoreCivic had a net margin of 3.51% and a return on equity of 5.97%. As a group, equities analysts forecast that CoreCivic, Inc. will post 1.5 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several analysts recently weighed in on CXW shares. Wedbush reissued an "outperform" rating and issued a $30.00 price objective on shares of CoreCivic in a research note on Tuesday, February 11th. StockNews.com lowered CoreCivic from a "buy" rating to a "hold" rating in a research report on Tuesday. Finally, Noble Financial upgraded CoreCivic from a "market perform" rating to an "outperform" rating in a research report on Wednesday, February 12th.
View Our Latest Stock Report on CXW
About CoreCivic
(
Free Report)
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.
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