Investment Centers of America Inc. cut its position in Geo Group Inc (The) (NYSE:GEO) by 23.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,061 shares of the real estate investment trust’s stock after selling 2,424 shares during the quarter. Investment Centers of America Inc.’s holdings in Geo Group were worth $218,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. KCG Holdings Inc. acquired a new stake in Geo Group in the first quarter valued at $201,000. Advisor Group Inc. raised its holdings in Geo Group by 54.0% in the second quarter. Advisor Group Inc. now owns 4,344 shares of the real estate investment trust’s stock valued at $126,000 after acquiring an additional 1,524 shares in the last quarter. Ffcm LLC raised its holdings in Geo Group by 265.8% in the second quarter. Ffcm LLC now owns 4,415 shares of the real estate investment trust’s stock valued at $132,000 after acquiring an additional 3,208 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Geo Group by 69.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,661 shares of the real estate investment trust’s stock valued at $138,000 after acquiring an additional 1,909 shares in the last quarter. Finally, Riverhead Capital Management LLC raised its holdings in Geo Group by 201.8% in the second quarter. Riverhead Capital Management LLC now owns 6,639 shares of the real estate investment trust’s stock valued at $196,000 after acquiring an additional 4,439 shares in the last quarter. Institutional investors and hedge funds own 95.68% of the company’s stock.

GEO has been the topic of several recent analyst reports. Zacks Investment Research raised shares of Geo Group from a “sell” rating to a “hold” rating in a report 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 report on Monday, August 7th. BidaskClub cut shares of Geo Group from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. ValuEngine cut shares of Geo Group from a “strong-buy” rating to a “buy” rating in a report on Friday, September 22nd. Finally, TheStreet raised shares of Geo Group from a “c+” rating to a “b-” rating in a report on Tuesday. Two analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $33.83.

In other Geo Group news, Director Christopher C. Wheeler sold 1,500 shares of the stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $25.09, for a total transaction of $37,635.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 2.40% of the company’s stock.

Shares of Geo Group Inc (GEO) opened at $25.83 on Friday. The stock has a market cap of $3,292.83, a price-to-earnings ratio of 10.86, a P/E/G ratio of 2.28 and a beta of 1.52. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 2.05. Geo Group Inc has a twelve month low of $22.23 and a twelve month high of $34.32.

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

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