Geo Group Inc (The) (NYSE:GEO) Director Christopher C. Wheeler sold 1,500 shares of the business’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $25.09, for a total value of $37,635.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Geo Group Inc (GEO) traded down $0.07 during midday trading on Friday, reaching $25.71. The company had a trading volume of 435,388 shares, compared to its average volume of 721,874. The firm has a market cap of $3,189.84, a PE ratio of 10.52, a price-to-earnings-growth ratio of 2.21 and a beta of 1.52. Geo Group Inc has a 12 month low of $19.94 and a 12 month high of $34.32. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 2.05.

The firm also recently declared a quarterly dividend, which was paid on Monday, October 30th. Investors of record on Monday, October 23rd were issued a $0.47 dividend. The ex-dividend date of this dividend was Friday, October 20th. This represents a $1.88 dividend on an annualized basis and a yield of 7.31%. Geo Group Inc (The)’s payout ratio is 139.26%.

WARNING: This article was posted by Daily Political and is the sole property of of Daily Political. If you are viewing this article on another website, it was copied illegally and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://www.dailypolitical.com/2017/11/19/christopher-c-wheeler-sells-1500-shares-of-geo-group-inc-the-geo-stock.html.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. California Public Employees Retirement System raised its holdings in Geo Group Inc (The) by 44.9% in the 2nd quarter. California Public Employees Retirement System now owns 291,000 shares of the real estate investment trust’s stock worth $8,605,000 after purchasing an additional 90,200 shares during the period. BNP Paribas Arbitrage SA increased its stake in Geo Group Inc (The) by 305.5% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 90,153 shares of the real estate investment trust’s stock worth $2,666,000 after buying an additional 67,923 shares in the last quarter. Artemis Investment Management LLP increased its stake in Geo Group Inc (The) by 96.0% during the 2nd quarter. Artemis Investment Management LLP now owns 3,022,274 shares of the real estate investment trust’s stock worth $89,325,000 after buying an additional 1,480,619 shares in the last quarter. SG Americas Securities LLC increased its stake in Geo Group Inc (The) by 246.2% during the 2nd quarter. SG Americas Securities LLC now owns 38,379 shares of the real estate investment trust’s stock worth $1,135,000 after buying an additional 27,294 shares in the last quarter. Finally, Blair William & Co. IL increased its stake in Geo Group Inc (The) by 74.5% during the 2nd quarter. Blair William & Co. IL now owns 41,889 shares of the real estate investment trust’s stock worth $1,239,000 after buying an additional 17,879 shares in the last quarter. 96.38% of the stock is owned by institutional investors.

Several analysts have weighed in on GEO shares. ValuEngine downgraded Geo Group Inc (The) from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 22nd. Canaccord Genuity set a $35.00 price objective on Geo Group Inc (The) and gave the company a “buy” rating in a report on Monday, August 7th. Zacks Investment Research raised Geo Group Inc (The) from a “sell” rating to a “hold” rating in a report on Tuesday, October 17th. Finally, BidaskClub cut Geo Group Inc (The) from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. Geo Group Inc (The) has a consensus rating of “Hold” and an average price target of $33.83.

Geo Group Inc (The) Company Profile

The GEO Group, Inc is a real estate investment trust (REIT) specializing in the ownership, leasing and management of correctional, detention and re-entry facilities and the provision of community-based services and youth services in the United States, Australia, South Africa, the United Kingdom and Canada.

Insider Buying and Selling by Quarter for Geo Group Inc (The) (NYSE:GEO)

Receive News & Ratings for Geo Group Inc (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geo Group Inc (The) and related companies with MarketBeat.com's FREE daily email newsletter.