Geo Group Inc (The) $GEO Stock Position Reduced by Intech Investment Management LLC

Intech Investment Management LLC cut its stake in shares of Geo Group Inc (The) (NYSE:GEO) by 24.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 73,830 shares of the real estate investment trust’s stock after selling 24,133 shares during the period. Intech Investment Management LLC owned about 0.05% of Geo Group worth $1,190,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its position in Geo Group by 245.1% during 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 purchasing an additional 782 shares in the last quarter. IFP Advisors Inc purchased a new position in Geo Group during the fourth quarter valued at approximately $30,000. Bayforest Capital Ltd purchased a new position in Geo Group during the fourth quarter valued at approximately $37,000. Daytona Street Capital LLC purchased a new position in Geo Group during the fourth quarter valued at approximately $53,000. Finally, NewEdge Advisors LLC grew its position in 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 valued at $54,000 after purchasing an additional 839 shares in the last quarter. 76.10% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

GEO has been the topic of a number of research analyst reports. JonesTrading lowered their price objective on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a research report on Friday, March 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Geo Group in a research note on Friday, March 27th. Finally, Wall Street Zen cut shares of Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $34.50.

Geo Group Trading Up 0.3%

NYSE:GEO opened at $25.24 on Friday. Geo Group Inc has a 12 month low of $12.51 and a 12 month high of $27.90. The firm has a market cap of $3.37 billion, a price-to-earnings ratio of 12.81 and a beta of 0.87. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 1.06. The company’s 50 day moving average is $20.31 and its 200-day moving average is $17.47.

Geo Group (NYSE:GEO) last released its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.10. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. The company had revenue of $705.21 million for the quarter, compared to analyst estimates of $688.89 million. During the same quarter last year, the firm posted $0.14 earnings per share. The company’s quarterly revenue was up 16.6% compared to the same quarter last year. Geo Group has set its FY 2026 guidance at 1.150-1.250 EPS and its Q2 2026 guidance at 0.250-0.290 EPS. Equities analysts anticipate that Geo Group Inc will post 1.2 EPS for the current year.

Geo Group Profile

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.