TheStreet upgraded shares of Geo Group (NYSE:GEO) from a c+ rating to a b- rating in a research note issued to investors on Tuesday.

A number of other research analysts have also commented on the stock. Zacks Investment Research upgraded shares of Geo Group from a sell rating to a hold rating in a research note on Tuesday, October 17th. Canaccord Genuity set a $35.00 price target on shares of Geo Group and gave the company a buy rating in a research note on Monday, August 7th. BidaskClub lowered shares of Geo Group from a sell rating to a strong sell rating in a research note on Saturday, August 5th. Finally, ValuEngine lowered shares of Geo Group from a strong-buy rating to a buy rating in a research note on Friday, September 22nd. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of $33.83.

Shares of Geo Group (GEO) opened at $25.83 on Tuesday. 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 stock has a market cap of $3,292.83, a PE ratio of 10.86, a PEG ratio of 2.28 and a beta of 1.52. Geo Group has a fifty-two week low of $22.23 and a fifty-two week high of $34.32.

In related news, Director Christopher C. Wheeler sold 1,500 shares of the company’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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2.40% of the stock is currently owned by corporate insiders.

Several large investors have recently made changes to their positions in the business. Barrow Hanley Mewhinney & Strauss LLC grew its position in shares of Geo Group by 19.4% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 8,134,482 shares of the real estate investment trust’s stock worth $218,818,000 after purchasing an additional 1,322,774 shares in the last quarter. Public Employees Retirement System of Ohio grew its position in shares of Geo Group by 757.8% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 75,862 shares of the real estate investment trust’s stock worth $2,041,000 after purchasing an additional 67,018 shares in the last quarter. GSA Capital Partners LLP grew its position in shares of Geo Group by 143.7% during the 3rd quarter. GSA Capital Partners LLP now owns 41,497 shares of the real estate investment trust’s stock worth $1,116,000 after purchasing an additional 24,471 shares in the last quarter. California Public Employees Retirement System grew its position in shares of Geo Group by 2.7% during the 3rd quarter. California Public Employees Retirement System now owns 298,828 shares of the real estate investment trust’s stock worth $8,038,000 after purchasing an additional 7,828 shares in the last quarter. Finally, Asset Management One Co. Ltd. grew its position in shares of Geo Group by 12.5% during the 3rd quarter. Asset Management One Co. Ltd. now owns 296,772 shares of the real estate investment trust’s stock worth $7,929,000 after purchasing an additional 32,990 shares in the last quarter. Hedge funds and other institutional investors own 95.68% of the company’s stock.

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Geo Group 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.

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