WINTON GROUP Ltd Sells 70,237 Shares of The GEO Group, Inc. (NYSE:GEO)

WINTON GROUP Ltd cut its holdings in shares of The GEO Group, Inc. (NYSE:GEO) by 82.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,519 shares of the real estate investment trust’s stock after selling 70,237 shares during the quarter. WINTON GROUP Ltd’s holdings in The GEO Group were worth $406,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Point72 Asia Singapore Pte. Ltd. bought a new position in The GEO Group during the 3rd quarter worth $25,000. SRS Capital Advisors Inc. grew its holdings in shares of The GEO Group by 160.0% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,170 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 720 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of The GEO Group by 149.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,527 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 915 shares during the period. Morse Asset Management Inc acquired a new position in The GEO Group in the third quarter valued at about $67,000. Finally, Quarry LP bought a new stake in The GEO Group during the third quarter worth about $77,000. 76.10% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Wedbush reissued an “outperform” rating and issued a $46.00 target price on shares of The GEO Group in a report on Tuesday, March 18th. StockNews.com downgraded shares of The GEO Group from a “hold” rating to a “sell” rating in a research report on Thursday, March 20th. Jones Trading reaffirmed a “buy” rating and issued a $55.00 target price on shares of The GEO Group in a report on Friday, March 21st. Noble Financial reissued an “outperform” rating on shares of The GEO Group in a report on Monday, March 24th. Finally, UBS Group set a $35.00 price objective on The GEO Group in a research note on Monday, March 24th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $41.00.

The GEO Group Stock Down 3.6 %

Shares of NYSE GEO opened at $29.30 on Monday. The company has a 50 day simple moving average of $28.21 and a 200 day simple moving average of $24.32. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.10 and a quick ratio of 1.10. The GEO Group, Inc. has a 1 year low of $11.75 and a 1 year high of $36.46. The firm has a market cap of $4.13 billion, a PE ratio of 101.03, a price-to-earnings-growth ratio of 2.11 and a beta of 0.91.

The GEO Group (NYSE:GEO) last released its quarterly earnings results on Thursday, February 27th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.08). The GEO Group had a net margin of 2.00% and a return on equity of 9.20%. The business had revenue of $607.72 million for the quarter, compared to the consensus estimate of $607.45 million. On average, research analysts forecast that The GEO Group, Inc. will post 0.83 EPS for the current year.

The GEO Group Profile

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.