The GEO Group, Inc. (NYSE:GEO) Stake Raised by Rothschild Investment LLC

Rothschild Investment LLC increased its holdings in The GEO Group, Inc. (NYSE:GEO) by 6,800.0% in the 4th quarter, Holdings Channel reports. The fund owned 4,140 shares of the real estate investment trust’s stock after purchasing an additional 4,080 shares during the period. Rothschild Investment LLC’s holdings in The GEO Group were worth $116,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. State Street Corp grew its holdings in The GEO Group by 1.4% in the 3rd quarter. State Street Corp now owns 4,919,298 shares of the real estate investment trust’s stock valued at $63,213,000 after buying an additional 66,658 shares during the last quarter. Geode Capital Management LLC raised its position in The GEO Group by 3.3% in the 3rd quarter. Geode Capital Management LLC now owns 3,016,103 shares of the real estate investment trust’s stock valued at $38,765,000 after purchasing an additional 97,452 shares during the last quarter. Philosophy Capital Management LLC increased its stake in shares of The GEO Group by 17.1% in the 3rd quarter. Philosophy Capital Management LLC now owns 1,644,005 shares of the real estate investment trust’s stock valued at $21,125,000 after buying an additional 240,251 shares during the period. Allianz Asset Management GmbH increased its stake in shares of The GEO Group by 5.8% in the 4th quarter. Allianz Asset Management GmbH now owns 1,491,209 shares of the real estate investment trust’s stock valued at $41,724,000 after buying an additional 82,341 shares during the period. Finally, Nisa Investment Advisors LLC grew its stake in shares of The GEO Group by 91.9% during the fourth quarter. Nisa Investment Advisors LLC now owns 859,528 shares of the real estate investment trust’s stock worth $24,050,000 after purchasing an additional 411,565 shares during the period. 76.10% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Wedbush restated an “outperform” rating on shares of The GEO Group in a report on Tuesday, December 17th. Northland Securities raised their price objective on The GEO Group from $16.00 to $37.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Finally, Noble Financial cut The GEO Group from an “outperform” rating to a “market perform” rating in a research report on Monday, November 11th.

The GEO Group Trading Up 0.8 %

Shares of GEO opened at $25.86 on Wednesday. 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, Inc. has a 52-week low of $11.50 and a 52-week high of $36.46. The firm has a market cap of $3.62 billion, a price-to-earnings ratio of 89.16, a PEG ratio of 2.11 and a beta of 0.87. The business’s fifty day moving average is $29.44 and its 200-day moving average is $22.13.

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.