Sei Investments Co. boosted its holdings in Geo Group Inc (The) (NYSE:GEO) by 14.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 229,656 shares of the real estate investment trust’s stock after buying an additional 28,597 shares during the quarter. Sei Investments Co. owned 0.19% of Geo Group Inc (The) worth $6,177,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Advisor Group Inc. grew its position in Geo Group Inc (The) by 54.0% during the 2nd quarter. Advisor Group Inc. now owns 4,344 shares of the real estate investment trust’s stock worth $126,000 after purchasing an additional 1,524 shares in the last quarter. Ffcm LLC grew its holdings in shares of Geo Group Inc (The) by 265.8% during the 2nd quarter. Ffcm LLC now owns 4,415 shares of the real estate investment trust’s stock valued at $132,000 after acquiring an additional 3,208 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Geo Group Inc (The) by 69.4% during 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 acquiring an additional 1,909 shares in the last quarter. Riverhead Capital Management LLC grew its holdings in shares of Geo Group Inc (The) by 201.8% during 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 acquiring an additional 4,439 shares in the last quarter. Finally, Bank of Montreal Can purchased a new position in shares of Geo Group Inc (The) during the 2nd quarter valued at $199,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Several equities analysts have recently commented on the stock. Zacks Investment Research cut shares of Geo Group Inc (The) from a “hold” rating to a “sell” rating in a report on Thursday, November 2nd. ValuEngine cut shares of Geo Group Inc (The) from a “strong-buy” rating to a “buy” rating in a report on Friday, September 22nd. 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 note on Monday, August 7th. Finally, BidaskClub lowered shares of Geo Group Inc (The) from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $33.83.

Geo Group Inc (NYSE:GEO) opened at $26.00 on Friday. The firm has a market cap of $3,233.28, a price-to-earnings ratio of 10.67, a price-to-earnings-growth ratio of 2.24 and a beta of 1.52. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 2.05. Geo Group Inc has a 52-week low of $21.65 and a 52-week high of $34.32.

The company also recently announced a quarterly dividend, which was paid on Monday, October 30th. Shareholders of record on Monday, October 23rd were given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 7.23%. The ex-dividend date of this dividend was Friday, October 20th. Geo Group Inc (The)’s dividend payout ratio is 139.26%.

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

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About Geo Group Inc (The)

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.

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

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