Geo Group Inc (The) $GEO Shares Purchased by Mountain Hill Investment Partners Corp.

Mountain Hill Investment Partners Corp. increased its holdings in shares of Geo Group Inc (The) (NYSE:GEO) by 107.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,812 shares of the real estate investment trust’s stock after buying an additional 45,000 shares during the quarter. Geo Group accounts for approximately 1.6% of Mountain Hill Investment Partners Corp.’s holdings, making the stock its 18th biggest position. Mountain Hill Investment Partners Corp. owned approximately 0.06% of Geo Group worth $1,779,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Envestnet Asset Management Inc. increased its stake in Geo Group by 2.5% in the second quarter. Envestnet Asset Management Inc. now owns 18,056 shares of the real estate investment trust’s stock valued at $432,000 after acquiring an additional 441 shares during the period. RoundAngle Advisors LLC raised its position in shares of Geo Group by 1.5% during the second quarter. RoundAngle Advisors LLC now owns 35,120 shares of the real estate investment trust’s stock worth $841,000 after purchasing an additional 509 shares during the period. Louisiana State Employees Retirement System boosted its stake in Geo Group by 0.9% in the 2nd quarter. Louisiana State Employees Retirement System now owns 64,700 shares of the real estate investment trust’s stock worth $1,550,000 after purchasing an additional 600 shares during the period. Amalgamated Bank boosted its position in Geo Group by 1.6% during the 2nd quarter. Amalgamated Bank now owns 39,088 shares of the real estate investment trust’s stock worth $936,000 after acquiring an additional 607 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in Geo Group by 245.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 782 shares during the last quarter. 76.10% of the stock is owned by institutional investors and hedge funds.

Geo Group Stock Performance

NYSE GEO opened at $17.15 on Wednesday. The company has a fifty day moving average price of $16.10 and a 200-day moving average price of $19.59. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of 10.09 and a beta of 0.72. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.62 and a quick ratio of 1.62. Geo Group Inc has a 1 year low of $14.27 and a 1 year high of $36.46.

Geo Group (NYSE:GEO) last announced its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $0.25 EPS for the quarter, beating the consensus estimate of $0.22 by $0.03. The firm had revenue of $682.34 million during the quarter, compared to the consensus estimate of $665.81 million. Geo Group had a net margin of 9.41% and a return on equity of 7.42%. The business’s quarterly revenue was up 13.1% compared to the same quarter last year. During the same period last year, the firm earned $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. As a group, equities research analysts predict that Geo Group Inc will post 0.83 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.