SG Americas Securities LLC Purchases 31,363 Shares of Geo Group Inc (The) $GEO

SG Americas Securities LLC increased its position in Geo Group Inc (The) (NYSE:GEO) by 529.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 37,285 shares of the real estate investment trust’s stock after purchasing an additional 31,363 shares during the period. SG Americas Securities LLC’s holdings in Geo Group were worth $764,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in GEO. Geneos Wealth Management Inc. increased its position in shares of Geo Group by 245.1% in the second quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 782 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of Geo Group by 81.9% during the first quarter. NewEdge Advisors LLC now owns 1,864 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 839 shares during the period. Militia Capital Partners LP grew its stake in shares of Geo Group by 122.6% in the second quarter. Militia Capital Partners LP now owns 6,900 shares of the real estate investment trust’s stock worth $165,000 after purchasing an additional 3,800 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in Geo Group during the 2nd quarter valued at about $202,000. Finally, United Services Automobile Association purchased a new position in Geo Group during the 1st quarter valued at about $260,000. Hedge funds and other institutional investors own 76.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on GEO. Zacks Research upgraded Geo Group from a “strong sell” rating to a “hold” rating in a report on Friday, January 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Geo Group in a research note on Monday, December 29th. Wall Street Zen raised shares of Geo Group from a “hold” rating to a “buy” rating in a research report on Saturday, December 13th. Finally, Jones Trading decreased their price objective on shares of Geo Group from $50.00 to $37.00 and set a “buy” rating for the company in a report on Friday, November 7th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $35.00.

Geo Group Price Performance

Shares of GEO stock opened at $17.76 on Wednesday. The business’s fifty day moving average is $16.31 and its 200 day moving average is $19.33. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 1.02. The stock has a market cap of $2.47 billion, a price-to-earnings ratio of 10.44 and a beta of 0.72. Geo Group Inc has a twelve month low of $14.27 and a twelve month high of $36.46.

Geo Group (NYSE:GEO) last announced its earnings results on Thursday, November 6th. The real estate investment trust reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.03. The firm had revenue of $682.34 million for the quarter, compared to analysts’ expectations of $665.81 million. Geo Group had a net margin of 9.41% and a return on equity of 7.42%. The company’s quarterly revenue was up 13.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.21 EPS. Geo Group has set its FY 2025 guidance at 1.810-1.850 EPS and its Q4 2025 guidance at 0.230-0.270 EPS. Research analysts expect that Geo Group Inc will post 0.83 EPS for the current fiscal year.

About Geo Group

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.