Hodges Capital Management Inc. Sells 401,146 Shares of Geo Group Inc (The) $GEO

Hodges Capital Management Inc. decreased its holdings in shares of Geo Group Inc (The) (NYSE:GEO) by 42.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 554,240 shares of the real estate investment trust’s stock after selling 401,146 shares during the period. Hodges Capital Management Inc.’s holdings in Geo Group were worth $8,934,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in GEO. Turiya Advisors Asia Ltd bought a new stake in shares of Geo Group during the 3rd quarter valued at about $115,664,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Geo Group in the third quarter worth approximately $88,625,000. Rubric Capital Management LP boosted its holdings in Geo Group by 139.5% in the third quarter. Rubric Capital Management LP now owns 2,986,915 shares of the real estate investment trust’s stock worth $61,202,000 after acquiring an additional 1,739,522 shares in the last quarter. UBS Group AG boosted its holdings in Geo Group by 56.5% in the third quarter. UBS Group AG now owns 3,603,288 shares of the real estate investment trust’s stock worth $73,831,000 after acquiring an additional 1,300,139 shares in the last quarter. Finally, Cooper Creek Partners Management LLC boosted its holdings in Geo Group by 32.7% in the third quarter. Cooper Creek Partners Management LLC now owns 4,974,772 shares of the real estate investment trust’s stock worth $101,933,000 after acquiring an additional 1,224,847 shares in the last quarter. Institutional investors own 76.10% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on GEO. Weiss Ratings upgraded Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday. Wall Street Zen lowered Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, JonesTrading cut their price target on Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, March 20th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $34.50.

Geo Group Stock Performance

Shares of Geo Group stock opened at $28.23 on Thursday. The company has a market cap of $3.77 billion, a PE ratio of 14.33 and a beta of 0.87. Geo Group Inc has a 52 week low of $12.51 and a 52 week high of $28.50. The business has a 50 day moving average price of $20.94 and a 200-day moving average price of $17.75. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 1.06.

Geo Group (NYSE:GEO) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.29 EPS for the quarter, topping the consensus estimate of $0.19 by $0.10. The firm had revenue of $705.21 million during the quarter, compared to the consensus estimate of $688.89 million. Geo Group had a return on equity of 9.43% and a net margin of 10.00%.The company’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.14 earnings per share. 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 earnings per share 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.