American Century Companies Inc. boosted its position in Geo Group Inc (The) (NYSE:GEO) by 4,319.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 372,537 shares of the real estate investment trust’s stock after buying an additional 364,108 shares during the period. American Century Companies Inc. owned approximately 0.30% of Geo Group Inc (The) worth $10,021,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Advisor Group Inc. grew its position in Geo Group Inc (The) by 54.0% in the 2nd quarter. Advisor Group Inc. now owns 4,344 shares of the real estate investment trust’s stock valued at $126,000 after buying an additional 1,524 shares during the last quarter. Ffcm LLC grew its position in Geo Group Inc (The) by 265.8% in the 2nd quarter. Ffcm LLC now owns 4,415 shares of the real estate investment trust’s stock valued at $132,000 after buying an additional 3,208 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Geo Group Inc (The) by 69.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,661 shares of the real estate investment trust’s stock valued at $138,000 after buying an additional 1,909 shares during the last quarter. Riverhead Capital Management LLC grew its position in Geo Group Inc (The) by 201.8% in the 2nd quarter. Riverhead Capital Management LLC now owns 6,639 shares of the real estate investment trust’s stock valued at $196,000 after buying an additional 4,439 shares during the last quarter. Finally, Bank of Montreal Can purchased a new position in Geo Group Inc (The) in the 2nd quarter valued at $199,000. Hedge funds and other institutional investors own 96.38% of the company’s stock.

A number of equities analysts recently weighed in on the stock. BidaskClub lowered shares of Geo Group Inc (The) from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. Zacks Investment Research upgraded shares of Geo Group Inc (The) from a “sell” rating to a “hold” rating in a research report on Tuesday, October 17th. ValuEngine lowered shares of Geo Group Inc (The) from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 22nd. Finally, Canaccord Genuity set a $35.00 price objective on shares of Geo Group Inc (The) and gave the company a “buy” rating in a research report on Monday, August 7th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $33.83.

In other Geo Group Inc (The) news, Director Christopher C. Wheeler sold 1,500 shares of the firm’s stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $25.09, for a total value of $37,635.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 2.40% of the stock is currently owned by company insiders.

Shares of Geo Group Inc (NYSE GEO) opened at $25.71 on Friday. Geo Group Inc has a fifty-two week low of $19.94 and a fifty-two week high of $34.32. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.27 and a quick ratio of 1.27. The company has a market capitalization of $3,189.84, a price-to-earnings ratio of 10.52, a price-to-earnings-growth ratio of 2.21 and a beta of 1.52.

The firm also recently announced a quarterly dividend, which was paid on Monday, October 30th. Shareholders of record on Monday, October 23rd were issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 7.31%. The ex-dividend date of this dividend was Friday, October 20th. Geo Group Inc (The)’s dividend payout ratio (DPR) is currently 139.26%.

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Geo Group Inc (The) Company 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.

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

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