Oregon Public Employees Retirement Fund Has $368,000 Position in The GEO Group, Inc. (NYSE:GEO)

Oregon Public Employees Retirement Fund lessened its position in The GEO Group, Inc. (NYSE:GEOGet Rating) by 4.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 47,520 shares of the real estate investment trust’s stock after selling 2,300 shares during the period. Oregon Public Employees Retirement Fund’s holdings in The GEO Group were worth $368,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Diversified Trust Co lifted its holdings in The GEO Group by 7.3% during the 4th quarter. Diversified Trust Co now owns 24,394 shares of the real estate investment trust’s stock valued at $189,000 after purchasing an additional 1,651 shares during the last quarter. Raymond James & Associates raised its stake in shares of The GEO Group by 6.9% in the third quarter. Raymond James & Associates now owns 51,997 shares of the real estate investment trust’s stock valued at $388,000 after acquiring an additional 3,360 shares during the last quarter. Teacher Retirement System of Texas boosted its holdings in shares of The GEO Group by 22.4% in the 3rd quarter. Teacher Retirement System of Texas now owns 19,550 shares of the real estate investment trust’s stock worth $146,000 after acquiring an additional 3,584 shares in the last quarter. Marshall Wace North America L.P. bought a new stake in The GEO Group during the 1st quarter worth approximately $71,000. Finally, Nomura Asset Management Co. Ltd. increased its holdings in The GEO Group by 3.8% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 107,800 shares of the real estate investment trust’s stock valued at $835,000 after purchasing an additional 3,900 shares in the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have recently weighed in on GEO shares. StockNews.com began coverage on The GEO Group in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Zacks Investment Research upgraded shares of The GEO Group from a “sell” rating to a “hold” rating in a research report on Wednesday, March 9th.

GEO stock opened at $6.43 on Friday. The company has a quick ratio of 2.49, a current ratio of 2.49 and a debt-to-equity ratio of 3.00. The GEO Group, Inc. has a twelve month low of $4.96 and a twelve month high of $11.00. The company has a market cap of $787.79 million, a P/E ratio of 12.13, a PEG ratio of 0.32 and a beta of 0.72. The business has a fifty day moving average of $6.11 and a 200-day moving average of $7.27.

The GEO Group (NYSE:GEOGet Rating) last announced its quarterly earnings data on Thursday, February 17th. The real estate investment trust reported $0.38 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by ($0.20). The firm had revenue of $557.54 million for the quarter, compared to the consensus estimate of $558.09 million. The GEO Group had a return on equity of 16.95% and a net margin of 3.43%. The business’s revenue for the quarter was down 3.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.62 earnings per share. As a group, equities research analysts anticipate that The GEO Group, Inc. will post 2.11 earnings per share for the current fiscal year.

The GEO Group Company Profile (Get Rating)

The GEO Group, Inc owns, leases, and manages secure facilities, processing centers, and reentry centers in the United States, Australia, South Africa, and the United Kingdom. The company operates through four segments: U.S. Secure Services, Electronic Monitoring and Supervision Services, Reentry Services, and International Services.

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

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