WINTON GROUP Ltd Sells 60,428 Shares of CoreCivic, Inc. (NYSE:CXW)

WINTON GROUP Ltd decreased its holdings in CoreCivic, Inc. (NYSE:CXW) by 75.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,675 shares of the real estate investment trust’s stock after selling 60,428 shares during the period. WINTON GROUP Ltd’s holdings in CoreCivic were worth $428,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in CXW. Raymond James Financial Inc. purchased a new stake in CoreCivic during the fourth quarter valued at about $11,733,000. Nisa Investment Advisors LLC lifted its stake in shares of 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 last quarter. Invenomic Capital Management LP boosted its holdings in CoreCivic by 28.7% during the 3rd quarter. Invenomic Capital Management LP now owns 1,026,050 shares of the real estate investment trust’s stock valued at $12,980,000 after acquiring an additional 228,803 shares during the period. Point72 Asset Management L.P. bought a new position in CoreCivic during the 3rd quarter worth approximately $2,810,000. Finally, Weiss Asset Management LP increased its stake in CoreCivic by 74.3% in the 3rd quarter. Weiss Asset Management LP now owns 498,690 shares of the real estate investment trust’s stock worth $6,308,000 after purchasing an additional 212,569 shares during the period. Institutional investors own 85.13% of the company’s stock.

Analysts Set New Price Targets

CXW has been the subject of a number of analyst reports. Noble Financial raised CoreCivic from a “market perform” rating to an “outperform” rating in a research note on Wednesday, February 12th. Wedbush reissued an “outperform” rating and set a $30.00 price target on shares of CoreCivic in a research report on Tuesday, February 11th. Finally, StockNews.com raised shares of CoreCivic from a “hold” rating to a “buy” rating in a report on Wednesday, February 26th.

CoreCivic Trading Down 1.0 %

NYSE CXW opened at $20.41 on Monday. The stock has a market cap of $2.22 billion, a P/E ratio of 33.45 and a beta of 1.02. CoreCivic, Inc. has a fifty-two week low of $10.74 and a fifty-two week high of $24.99. The stock has a 50 day simple moving average of $19.66 and a two-hundred day simple moving average of $18.66. 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) last announced its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.06. CoreCivic had a return on equity of 5.97% and a net margin of 3.51%. On average, analysts forecast that CoreCivic, Inc. will post 1.5 earnings per share for the current year.

CoreCivic Company 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.