The GEO Group, Inc. (NYSE:GEO) Holdings Lifted by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC grew its stake in shares of The GEO Group, Inc. (NYSE:GEO) by 149.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,527 shares of the real estate investment trust’s stock after acquiring an additional 915 shares during the period. Smartleaf Asset Management LLC’s holdings in The GEO Group were worth $42,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Creative Planning lifted its stake in shares of The GEO Group by 9.0% in the third quarter. Creative Planning now owns 11,096 shares of the real estate investment trust’s stock worth $143,000 after buying an additional 919 shares during the last quarter. GAMMA Investing LLC increased its holdings in The GEO Group by 18.6% in the 4th quarter. GAMMA Investing LLC now owns 8,155 shares of the real estate investment trust’s stock valued at $228,000 after buying an additional 1,281 shares during the period. KBC Group NV raised its stake in shares of The GEO Group by 37.2% in the 4th quarter. KBC Group NV now owns 6,023 shares of the real estate investment trust’s stock valued at $169,000 after buying an additional 1,632 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of The GEO Group in the 3rd quarter worth approximately $25,000. Finally, Rothschild Investment LLC lifted its holdings in The GEO Group by 6,800.0% during the 4th quarter. Rothschild Investment LLC now owns 4,140 shares of the real estate investment trust’s stock valued at $116,000 after purchasing an additional 4,080 shares during the last quarter. 76.10% of the stock is currently owned by institutional investors and hedge funds.

The GEO Group Stock Performance

Shares of GEO stock opened at $23.60 on Wednesday. The company has a market capitalization of $3.31 billion, a P/E ratio of 81.38, a price-to-earnings-growth ratio of 2.11 and a beta of 0.91. The GEO Group, Inc. has a 52 week low of $11.75 and a 52 week high of $36.46. The company’s 50 day moving average price is $28.98 and its two-hundred day moving average price is $22.99. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.10 and a current ratio of 1.10.

The GEO Group (NYSE:GEO) last released its earnings results on Thursday, February 27th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $607.45 million. On average, analysts expect that The GEO Group, Inc. will post 0.83 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on GEO shares. Wedbush reaffirmed an “outperform” rating on shares of The GEO Group in a report on Tuesday, December 17th. Noble Financial upgraded The GEO Group from a “market perform” rating to an “outperform” rating and set a $32.00 price target on the stock in a research report on Wednesday, March 5th. Finally, UBS Group set a $32.00 price objective on shares of The GEO Group in a report on Wednesday, March 5th.

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.