River Road Asset Management LLC grew its stake in Geo Group Inc (The) (NYSE:GEO – Free Report) by 7.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 622,904 shares of the real estate investment trust’s stock after purchasing an additional 40,894 shares during the period. River Road Asset Management LLC’s holdings in Geo Group were worth $10,041,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also modified their holdings of GEO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Geo Group by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 75,766 shares of the real estate investment trust’s stock valued at $2,213,000 after buying an additional 3,309 shares in the last quarter. NewEdge Advisors LLC grew its position in Geo Group by 81.9% in the first quarter. NewEdge Advisors LLC now owns 1,864 shares of the real estate investment trust’s stock valued at $54,000 after acquiring an additional 839 shares during the period. United Services Automobile Association acquired a new position in Geo Group during the first quarter worth $260,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Geo Group by 168.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 284,975 shares of the real estate investment trust’s stock worth $8,324,000 after acquiring an additional 178,622 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Geo Group by 4.2% during the second quarter. Invesco Ltd. now owns 1,308,817 shares of the real estate investment trust’s stock valued at $31,346,000 after acquiring an additional 52,623 shares during the period. 76.10% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on GEO shares. JonesTrading reduced their target price on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a research note on Friday, March 20th. Weiss Ratings upgraded shares of Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. Finally, Wall Street Zen downgraded shares of Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $34.50.
Geo Group Trading Down 0.2%
GEO opened at $29.23 on Friday. Geo Group Inc has a 1-year low of $12.51 and a 1-year high of $29.64. The stock has a market capitalization of $3.91 billion, a PE ratio of 14.84 and a beta of 0.87. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 1.06. The firm has a 50-day moving average price of $22.48 and a two-hundred day moving average price of $18.39.
Geo Group (NYSE:GEO – Get Free Report) last announced its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.10. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. The company had revenue of $705.21 million for the quarter, compared to analyst estimates of $688.89 million. During the same period in the prior year, the business earned $0.14 earnings per share. Geo Group’s quarterly revenue was up 16.6% on a year-over-year basis. 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. As a group, 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.
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