Mutual of America Capital Management LLC Has $210,000 Stock Holdings in CoreCivic, Inc. (NYSE:CXW)

Mutual of America Capital Management LLC trimmed its stake in shares of CoreCivic, Inc. (NYSE:CXW) by 9.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,586 shares of the real estate investment trust’s stock after selling 1,701 shares during the quarter. Mutual of America Capital Management LLC’s holdings in CoreCivic were worth $210,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in CXW. CANADA LIFE ASSURANCE Co raised its position in shares of CoreCivic by 8.1% during the first quarter. CANADA LIFE ASSURANCE Co now owns 103,894 shares of the real estate investment trust’s stock worth $1,619,000 after acquiring an additional 7,828 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of CoreCivic by 2.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 214,736 shares of the real estate investment trust’s stock worth $3,353,000 after acquiring an additional 5,547 shares during the last quarter. SG Americas Securities LLC raised its position in shares of CoreCivic by 79.3% during the second quarter. SG Americas Securities LLC now owns 16,036 shares of the real estate investment trust’s stock worth $208,000 after acquiring an additional 7,094 shares during the last quarter. Wedge Capital Management L L P NC raised its position in shares of CoreCivic by 21.8% during the second quarter. Wedge Capital Management L L P NC now owns 97,309 shares of the real estate investment trust’s stock worth $1,263,000 after acquiring an additional 17,385 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its holdings in CoreCivic by 85.8% in the second quarter. Nisa Investment Advisors LLC now owns 400,896 shares of the real estate investment trust’s stock worth $5,204,000 after purchasing an additional 185,075 shares in the last quarter. 85.13% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

CXW has been the subject of a number of research analyst reports. Wedbush reiterated a “neutral” rating and issued a $14.00 target price on shares of CoreCivic in a report on Friday, September 13th. Northland Securities lifted their target price on CoreCivic from $17.00 to $32.00 and gave the stock an “outperform” rating in a report on Friday, November 8th.

CoreCivic Trading Down 0.7 %

Shares of CXW stock opened at $22.33 on Friday. The company has a market cap of $2.46 billion, a P/E ratio of 33.33 and a beta of 0.86. The stock has a 50 day simple moving average of $16.36 and a two-hundred day simple moving average of $14.55. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.51 and a current ratio of 1.51. CoreCivic, Inc. has a fifty-two week low of $10.74 and a fifty-two week high of $24.99.

Insider Buying and Selling at CoreCivic

In other CoreCivic news, CFO David Garfinkle sold 50,000 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $24.20, for a total value of $1,210,000.00. Following the completion of the sale, the chief financial officer now owns 276,528 shares of the company’s stock, valued at approximately $6,691,977.60. This trade represents a 15.31 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Cole G. Carter sold 8,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $12.58, for a total value of $100,640.00. Following the completion of the sale, the executive vice president now directly owns 207,847 shares of the company’s stock, valued at $2,614,715.26. This trade represents a 3.71 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 110,000 shares of company stock valued at $2,490,520. Company insiders own 1.89% of the company’s stock.

About CoreCivic

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.