Geo Group Inc (The) $GEO Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lowered its stake in shares of Geo Group Inc (The) (NYSE:GEO) by 4.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 782,449 shares of the real estate investment trust’s stock after selling 33,943 shares during the period. Bank of New York Mellon Corp’s holdings in Geo Group were worth $13,153,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GEO. Vanguard Group Inc. boosted its stake in shares of Geo Group by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 14,894,927 shares of the real estate investment trust’s stock worth $240,106,000 after acquiring an additional 98,742 shares in the last quarter. Cooper Creek Partners Management LLC grew its holdings in shares of Geo Group by 32.7% in the 3rd 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 during the period. State Street Corp increased its stake in Geo Group by 2.6% in the 4th quarter. State Street Corp now owns 4,961,725 shares of the real estate investment trust’s stock valued at $79,983,000 after purchasing an additional 126,609 shares in the last quarter. Continental General Insurance Co. raised its holdings in Geo Group by 10.1% during the fourth quarter. Continental General Insurance Co. now owns 4,684,474 shares of the real estate investment trust’s stock worth $75,514,000 after purchasing an additional 430,000 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Geo Group by 6.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 4,608,579 shares of the real estate investment trust’s stock worth $74,290,000 after purchasing an additional 261,179 shares during the last quarter. 76.10% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have weighed in on the company. Northland Securities upped their target price on Geo Group from $30.00 to $40.00 and gave the company an “outperform” rating in a report on Friday, June 26th. Weiss Ratings raised Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 9th. Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, Zacks Research raised shares of Geo Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $36.50.

Trending Headlines about Geo Group

Here are the key news stories impacting Geo Group this week:

• Positive Sentiment: New five-year ICE contract supports revenue visibility. GEO Group announced a contract to operate its company-owned, 1,320-bed Rivers facility in Hertford County, North Carolina. The agreement expands the company’s detention capacity and could provide recurring revenue and improved facility utilization. The GEO Group Announces Contract for Company-Owned 1,320-Bed Rivers Facility in North Carolina
• Positive Sentiment: Investor reaction centered on stronger immigration-enforcement demand. Coverage described the stock as moving higher after GEO secured the new Immigration and Customs Enforcement agreement, reinforcing the view that federal detention demand remains a key growth driver. GEO stock up on new Immigration and Customs Enforcement contract
• Neutral Sentiment: Valuation may limit further upside. One analysis said GEO stock still looks stretched even after the Rivers deal, highlighting the risk that the contract’s benefits are already reflected in the share price. GEO Group Stock Still Looks Stretched As Rivers Facility Deal Lands
• Negative Sentiment: Colorado health and legal disputes create compliance risk. Health officials remain unable to complete a tuberculosis investigation at GEO’s Aurora ICE facility, while GEO is challenging a state law intended to compel inspections. A judge is pressing both sides, and allegations from a former detainee have added scrutiny regarding health conditions. The dispute could increase legal costs, invite regulatory action and damage the company’s reputation. Colorado health officials’ tuberculosis investigation in limbo

Geo Group Trading Up 0.6%

Shares of Geo Group stock opened at $30.87 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.75 and a quick ratio of 1.75. Geo Group Inc has a 1 year low of $12.51 and a 1 year high of $32.25. The company has a market capitalization of $4.12 billion, a P/E ratio of 15.67, a P/E/G ratio of 1.82 and a beta of 0.79. The business has a 50 day moving average price of $28.46 and a 200 day moving average price of $21.24.

Geo Group (NYSE:GEO) last posted its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.10. The firm had revenue of $705.21 million for the quarter, compared to analyst estimates of $688.89 million. Geo Group had a return on equity of 9.43% and a net margin of 10.00%.Geo Group’s revenue was up 16.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.14 EPS. 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. Sell-side analysts anticipate that Geo Group Inc will post 1.2 EPS for the current fiscal year.

Geo Group Company Profile

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.