RoundAngle Advisors LLC Makes New $806,000 Investment in The GEO Group, Inc. (NYSE:GEO)

RoundAngle Advisors LLC bought a new position in The GEO Group, Inc. (NYSE:GEO) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 28,820 shares of the real estate investment trust’s stock, valued at approximately $806,000.

Several other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP acquired a new stake in shares of The GEO Group in the 2nd quarter valued at $1,314,000. Renaissance Technologies LLC lifted its position in shares of The GEO Group by 352.4% in the second quarter. Renaissance Technologies LLC now owns 100,425 shares of the real estate investment trust’s stock worth $1,442,000 after buying an additional 78,225 shares during the last quarter. Amalgamated Bank boosted its stake in shares of The GEO Group by 6.5% during the 2nd quarter. Amalgamated Bank now owns 40,276 shares of the real estate investment trust’s stock worth $578,000 after acquiring an additional 2,467 shares in the last quarter. XTX Topco Ltd increased its holdings in shares of The GEO Group by 26.3% during the 2nd quarter. XTX Topco Ltd now owns 26,395 shares of the real estate investment trust’s stock valued at $379,000 after acquiring an additional 5,498 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its stake in shares of The GEO Group by 62.1% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 6,245 shares of the real estate investment trust’s stock valued at $90,000 after acquiring an additional 2,393 shares in the last quarter. 76.10% of the stock is currently owned by institutional investors and hedge funds.

The GEO Group Stock Up 4.2 %

Shares of GEO stock opened at $35.43 on Monday. The GEO Group, Inc. has a 12 month low of $10.47 and a 12 month high of $35.62. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.25. The firm has a market cap of $4.95 billion, a PE ratio of 122.18, a price-to-earnings-growth ratio of 2.44 and a beta of 0.87. The stock has a 50 day moving average of $28.53 and a 200-day moving average of $19.40.

Wall Street Analysts Forecast Growth

GEO has been the subject of a number of recent analyst reports. Northland Securities upped their target price on The GEO Group from $16.00 to $37.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Wedbush reaffirmed an “outperform” rating on shares of The GEO Group in a report on Tuesday, December 17th. Finally, Noble Financial downgraded shares of The GEO Group from an “outperform” rating to a “market perform” rating in a report on Monday, November 11th.

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.