WINTON GROUP Ltd Has $2.03 Million Stock Holdings in The GEO Group, Inc. (NYSE:GEO)

WINTON GROUP Ltd increased its position in shares of The GEO Group, Inc. (NYSE:GEO) by 100.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 140,992 shares of the real estate investment trust’s stock after acquiring an additional 70,795 shares during the period. WINTON GROUP Ltd’s holdings in The GEO Group were worth $2,025,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. raised its stake in shares of The GEO Group by 2.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,012,341 shares of the real estate investment trust’s stock worth $32,624,000 after purchasing an additional 63,101 shares in the last quarter. QRG Capital Management Inc. raised its position in The GEO Group by 64.7% during the fourth quarter. QRG Capital Management Inc. now owns 23,291 shares of the real estate investment trust’s stock valued at $252,000 after acquiring an additional 9,148 shares in the last quarter. Avantax Advisory Services Inc. acquired a new stake in The GEO Group in the fourth quarter valued at approximately $114,000. PNC Financial Services Group Inc. lifted its stake in The GEO Group by 234.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 23,735 shares of the real estate investment trust’s stock valued at $257,000 after acquiring an additional 16,633 shares during the last quarter. Finally, Tidemark LLC bought a new stake in The GEO Group in the fourth quarter worth approximately $71,000. Institutional investors and hedge funds own 76.10% of the company’s stock.

The GEO Group Trading Up 2.8 %

Shares of GEO stock opened at $12.96 on Monday. The GEO Group, Inc. has a 12 month low of $7.25 and a 12 month high of $18.05. The company has a market cap of $1.81 billion, a PE ratio of 18.25, a price-to-earnings-growth ratio of 1.39 and a beta of 0.66. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.36. The business’s 50 day moving average is $14.14 and its two-hundred day moving average is $13.98.

The GEO Group (NYSE:GEO) last posted its quarterly earnings data on Wednesday, August 7th. The real estate investment trust reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.02). The firm had revenue of $607.19 million for the quarter, compared to the consensus estimate of $606.16 million. The GEO Group had a return on equity of 8.87% and a net margin of 1.92%. During the same period in the prior year, the company posted $0.24 earnings per share. Equities analysts predict that The GEO Group, Inc. will post 0.91 EPS for the current year.

Analyst Ratings Changes

GEO has been the topic of a number of recent research reports. Wedbush restated an “outperform” rating and set a $19.00 price target on shares of The GEO Group in a report on Wednesday, August 7th. StockNews.com lowered The GEO Group from a “buy” rating to a “hold” rating in a report on Wednesday, August 7th.

Insider Activity

In other The GEO Group news, Chairman George C. Zoley acquired 100,000 shares of the business’s stock in a transaction that occurred on Friday, August 9th. The stock was acquired at an average price of $12.22 per share, with a total value of $1,222,000.00. Following the transaction, the chairman now owns 3,800,904 shares of the company’s stock, valued at $46,447,046.88. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other The GEO Group news, EVP Shayn P. March sold 2,500 shares of the stock in a transaction on Monday, July 15th. The shares were sold at an average price of $17.50, for a total value of $43,750.00. Following the completion of the sale, the executive vice president now directly owns 65,330 shares of the company’s stock, valued at approximately $1,143,275. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Chairman George C. Zoley acquired 100,000 shares of the business’s stock in a transaction dated Friday, August 9th. The shares were bought at an average cost of $12.22 per share, with a total value of $1,222,000.00. Following the transaction, the chairman now directly owns 3,800,904 shares of the company’s stock, valued at approximately $46,447,046.88. The disclosure for this purchase can be found here. 5.30% of the stock is currently owned by company insiders.

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.