Tyler Stone Wealth Management Raises Position in The GEO Group, Inc. (NYSE:GEO)

Tyler Stone Wealth Management lifted its stake in The GEO Group, Inc. (NYSE:GEO) by 8.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,314 shares of the real estate investment trust’s stock after purchasing an additional 1,030 shares during the period. Tyler Stone Wealth Management’s holdings in The GEO Group were worth $373,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. SRS Capital Advisors Inc. raised its stake in The GEO Group by 160.0% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,170 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 720 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of The GEO Group by 149.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,527 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 915 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of The GEO Group during the 3rd quarter valued at $25,000. Jones Financial Companies Lllp lifted its stake in shares of The GEO Group by 182.6% during the 4th quarter. Jones Financial Companies Lllp now owns 3,148 shares of the real estate investment trust’s stock valued at $88,000 after buying an additional 2,034 shares in the last quarter. Finally, Rothschild Investment LLC boosted its holdings in The GEO Group by 6,800.0% in the 4th quarter. Rothschild Investment LLC now owns 4,140 shares of the real estate investment trust’s stock worth $116,000 after buying an additional 4,080 shares during the period. 76.10% of the stock is owned by institutional investors.

The GEO Group Stock Performance

NYSE GEO opened at $29.65 on Thursday. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.10 and a quick ratio of 1.10. The GEO Group, Inc. has a 1-year low of $11.75 and a 1-year high of $36.46. The business has a 50 day simple moving average of $28.40 and a two-hundred day simple moving average of $24.01. The stock has a market capitalization of $4.16 billion, a PE ratio of 102.23, a P/E/G ratio of 2.11 and a beta of 0.91.

The GEO Group (NYSE:GEO) last announced its quarterly earnings results on Thursday, February 27th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.08). The business had revenue of $607.72 million during the quarter, compared to the consensus estimate of $607.45 million. The GEO Group had a return on equity of 9.20% and a net margin of 2.00%. On average, research analysts predict that The GEO Group, Inc. will post 0.83 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

GEO has been the topic of a number of recent analyst reports. StockNews.com cut The GEO Group from a “hold” rating to a “sell” rating in a report on Thursday, March 20th. Wedbush reissued an “outperform” rating and issued a $46.00 price target on shares of The GEO Group in a report on Tuesday, March 18th. UBS Group set a $35.00 price objective on shares of The GEO Group in a report on Monday. Jones Trading reissued a “buy” rating and issued a $55.00 target price on shares of The GEO Group in a report on Friday, March 21st. Finally, Noble Financial reaffirmed an “outperform” rating on shares of The GEO Group in a research note on Monday. One research analyst has rated the stock with a sell rating and four have given a buy rating to the company. According to MarketBeat, The GEO Group presently has a consensus rating of “Moderate Buy” and an average target price of $41.00.

The GEO Group Company Profile

The GEO Group, Inc (NYSE: GEO) engages in ownership, leasing, and management of secure facilities, processing centers, and community-based reentry facilities in the United States, Australia, the United Kingdom, and South Africa. The company also provides secure facility management services, including the provision of security, administrative, rehabilitation, education, and food services; reentry services, such as temporary housing, programming, employment assistance, and other services; electronic monitoring and supervision services; and transportation services; as well as designs, constructs, and finances new facilities through projects.