Natixis Advisors LLC Buys Shares of 10,092 CoreCivic, Inc. (NYSE:CXW)

Natixis Advisors LLC acquired a new position in shares of CoreCivic, Inc. (NYSE:CXW) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,092 shares of the real estate investment trust’s stock, valued at approximately $219,000.

Other large investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its stake in shares of CoreCivic by 1.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,481,315 shares of the real estate investment trust’s stock worth $31,389,000 after acquiring an additional 35,591 shares in the last quarter. Algert Global LLC raised its position in shares of CoreCivic by 348.2% in the third quarter. Algert Global LLC now owns 50,883 shares of the real estate investment trust’s stock valued at $644,000 after purchasing an additional 39,530 shares during the period. FMR LLC lifted its stake in shares of CoreCivic by 3.8% during the 3rd quarter. FMR LLC now owns 5,117,716 shares of the real estate investment trust’s stock worth $64,739,000 after buying an additional 186,310 shares during the last quarter. Quantbot Technologies LP grew its position in shares of CoreCivic by 1,448.6% in the third quarter. Quantbot Technologies LP now owns 76,700 shares of the real estate investment trust’s stock valued at $970,000 after purchasing an additional 71,747 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in CoreCivic by 365.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 153,519 shares of the real estate investment trust’s stock worth $1,942,000 after buying an additional 120,517 shares during the period. 85.13% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

CoreCivic Stock Down 1.0 %

Shares of NYSE CXW opened at $20.41 on Friday. CoreCivic, Inc. has a 12-month low of $10.74 and a 12-month high of $24.99. The company has a quick ratio of 1.51, a current ratio of 1.57 and a debt-to-equity ratio of 0.65. The firm has a market cap of $2.22 billion, a PE ratio of 33.45 and a beta of 1.02. The company’s fifty day simple moving average is $19.66 and its 200 day simple moving average is $18.62.

CoreCivic (NYSE:CXW) last posted its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.06. CoreCivic had a net margin of 3.51% and a return on equity of 5.97%. As a group, sell-side analysts forecast that CoreCivic, Inc. will post 1.5 earnings per share for the current fiscal year.

CoreCivic 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.