SG Americas Securities LLC Buys 466,261 Shares of Geo Group Inc (The) $GEO

SG Americas Securities LLC grew its stake in Geo Group Inc (The) (NYSE:GEOFree Report) by 1,250.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 503,546 shares of the real estate investment trust’s stock after acquiring an additional 466,261 shares during the quarter. SG Americas Securities LLC’s holdings in Geo Group were worth $8,117,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Y Intercept Hong Kong Ltd bought a new position in Geo Group in the 3rd quarter worth about $1,283,000. WINTON GROUP Ltd increased its stake in Geo Group by 836.6% during the 3rd quarter. WINTON GROUP Ltd now owns 279,982 shares of the real estate investment trust’s stock valued at $5,737,000 after purchasing an additional 250,090 shares in the last quarter. Federated Hermes Inc. raised its holdings in Geo Group by 1,273.1% in the third quarter. Federated Hermes Inc. now owns 293,151 shares of the real estate investment trust’s stock worth $6,007,000 after buying an additional 271,802 shares during the last quarter. Perpetual Ltd purchased a new position in Geo Group in the third quarter worth about $17,268,000. Finally, Continental General Insurance Co. lifted its stake in shares of Geo Group by 919.8% in the second quarter. Continental General Insurance Co. now owns 3,904,474 shares of the real estate investment trust’s stock worth $93,512,000 after buying an additional 3,521,589 shares in the last quarter. 76.10% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on GEO. Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. JonesTrading reduced their target price on Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a report on Friday, March 20th. Weiss Ratings restated a “hold (c)” rating on shares of Geo Group in a research note on Friday. Finally, Zacks Research raised Geo Group from a “strong sell” rating to a “hold” rating in a research report on Friday, January 9th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $34.50.

Get Our Latest Research Report on Geo Group

Insider Activity at Geo Group

In related news, Director Scott Michael Kernan sold 6,633 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $15.24, for a total transaction of $101,086.92. Following the completion of the sale, the director owned 27,062 shares in the company, valued at approximately $412,424.88. This represents a 19.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.98% of the stock is owned by insiders.

Geo Group Stock Down 2.5%

Shares of Geo Group stock opened at $16.30 on Tuesday. Geo Group Inc has a twelve month low of $12.51 and a twelve month high of $32.09. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 1.10. The company’s 50 day moving average is $15.60 and its 200 day moving average is $16.74. The company has a market cap of $2.16 billion, a price-to-earnings ratio of 8.96 and a beta of 0.77.

Geo Group (NYSE:GEOGet Free Report) last posted its earnings results on Thursday, February 12th. The real estate investment trust reported $0.25 EPS for the quarter, hitting analysts’ consensus estimates of $0.25. The business had revenue of $707.70 million during the quarter, compared to the consensus estimate of $667.23 million. Geo Group had a net margin of 9.67% and a return on equity of 8.36%. The firm’s revenue was up 16.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.13 EPS. Geo Group has set its Q1 2026 guidance at 0.170-0.190 EPS and its FY 2026 guidance at 0.990-1.070 EPS. Research analysts anticipate that Geo Group Inc will post 0.83 EPS for the current year.

Geo Group Profile

(Free Report)

The GEO Group (NYSE:GEO) is a leading provider of correctional, detention and community reentry services to government agencies around the world. As a real estate investment trust, the company specializes in the design, financing, development and operation of secure facilities for adult and juvenile offenders, immigration detainees and individuals requiring mental health treatment or substance abuse programming. GEO’s integrated service model also encompasses electronic monitoring, rehabilitative programming and post-release supervision aimed at reducing recidivism and enhancing public safety.

GEO’s portfolio spans a range of facility types, including medium- and maximum-security correctional institutions, residential reentry centers, mental health treatment units and immigration detention centers.

See Also

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Institutional Ownership by Quarter for Geo Group (NYSE:GEO)

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