249,598 Shares in CoreCivic, Inc. $CXW Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd purchased a new position in shares of CoreCivic, Inc. (NYSE:CXW) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 249,598 shares of the real estate investment trust’s stock, valued at approximately $4,770,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CXW. NBC Securities Inc. boosted its holdings in CoreCivic by 533.9% during the fourth quarter. NBC Securities Inc. now owns 1,458 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 1,228 shares during the last quarter. Leonteq Securities AG purchased a new position in CoreCivic during the fourth quarter worth about $57,000. Smartleaf Asset Management LLC boosted its holdings in CoreCivic by 33.0% during the second quarter. Smartleaf Asset Management LLC now owns 2,829 shares of the real estate investment trust’s stock worth $59,000 after purchasing an additional 702 shares during the last quarter. Fifth Third Bancorp boosted its holdings in CoreCivic by 320.7% during the fourth quarter. Fifth Third Bancorp now owns 3,340 shares of the real estate investment trust’s stock worth $64,000 after purchasing an additional 2,546 shares during the last quarter. Finally, LSV Asset Management purchased a new position in CoreCivic during the third quarter worth about $151,000. 85.13% of the stock is currently owned by hedge funds and other institutional investors.

CoreCivic Price Performance

CoreCivic stock opened at $23.24 on Friday. CoreCivic, Inc. has a 12 month low of $15.73 and a 12 month high of $23.43. The company has a current ratio of 2.44, a quick ratio of 2.44 and a debt-to-equity ratio of 0.99. The business’s 50 day simple moving average is $20.61 and its 200 day simple moving average is $19.36. The company has a market cap of $2.30 billion, a price-to-earnings ratio of 18.89 and a beta of 0.67.

CoreCivic (NYSE:CXW) last posted its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.40 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.16). CoreCivic had a net margin of 5.53% and a return on equity of 9.29%. The firm had revenue of $614.73 million during the quarter, compared to analysts’ expectations of $604.48 million. During the same quarter in the previous year, the company posted $0.45 EPS. CoreCivic’s revenue for the quarter was up 25.8% on a year-over-year basis. CoreCivic has set its FY 2026 guidance at 2.580-2.680 EPS. Sell-side analysts forecast that CoreCivic, Inc. will post 2.66 EPS for the current year.

Wall Street Analysts Forecast Growth

CXW has been the topic of several analyst reports. Wall Street Zen cut shares of CoreCivic from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings upgraded shares of CoreCivic from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Benchmark began coverage on shares of CoreCivic in a report on Tuesday, March 24th. They set a “buy” rating and a $28.00 price target on the stock. Finally, JonesTrading reiterated a “buy” rating and issued a $30.00 target price on shares of CoreCivic in a research note on Friday, February 13th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $32.00.

CoreCivic Company Profile

CoreCivic, Inc (NYSE: CXW) is a real estate investment trust specializing in the ownership, management and operation of private correctional and detention facilities in the United States. The company enters into contracts with federal, state and local government agencies to house inmates and detainees in facilities that it owns or operates on a concession basis. In addition to traditional prison operations, CoreCivic provides specialized services such as community-based reentry programs, electronic monitoring and rehabilitation initiatives aimed at reducing recidivism.

CoreCivic’s portfolio encompasses a mix of adult correctional facilities, immigration detention centers, residential reentry centers and other community-based programs.