KCM Capital Inc Sells 515,200 Shares of Geo Group Inc (The) $GEO

KCM Capital Inc cut its position in shares of Geo Group Inc (The) (NYSE:GEO) by 20.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,995,000 shares of the real estate investment trust’s stock after selling 515,200 shares during the quarter. Geo Group makes up 5.4% of KCM Capital Inc’s investment portfolio, making the stock its 5th largest position. KCM Capital Inc’s holdings in Geo Group were worth $33,536,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Covestor Ltd lifted its stake in shares of Geo Group by 16.6% during the fourth quarter. Covestor Ltd now owns 4,533 shares of the real estate investment trust’s stock valued at $73,000 after buying an additional 646 shares during the period. Kestra Advisory Services LLC boosted its position in Geo Group by 2.4% during the first quarter. Kestra Advisory Services LLC now owns 30,462 shares of the real estate investment trust’s stock worth $512,000 after acquiring an additional 727 shares during the last quarter. ProShare Advisors LLC grew its stake in Geo Group by 3.0% in the 4th quarter. ProShare Advisors LLC now owns 26,333 shares of the real estate investment trust’s stock worth $424,000 after acquiring an additional 772 shares during the period. Geneos Wealth Management Inc. grew its stake in Geo Group by 245.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 782 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in Geo Group by 81.9% in the 1st 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 last quarter. Institutional investors and hedge funds own 76.10% of the company’s stock.

Wall Street Analysts Forecast Growth

GEO has been the topic of a number of recent analyst reports. Wall Street Zen raised Geo Group from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Northland Securities lifted their price objective on Geo Group from $30.00 to $40.00 and gave the company an “outperform” rating in a research report on Friday, June 26th. Weiss Ratings upgraded Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 9th. Finally, Zacks Research upgraded Geo Group from a “hold” rating to a “strong-buy” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $36.50.

Geo Group Stock Performance

Shares of GEO stock opened at $31.42 on Thursday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.75 and a current ratio of 1.75. The firm has a market capitalization of $4.20 billion, a price-to-earnings ratio of 15.95, a price-to-earnings-growth ratio of 1.85 and a beta of 0.79. Geo Group Inc has a one year low of $12.51 and a one year high of $32.25. The company has a 50 day moving average price of $27.39 and a 200 day moving average price of $20.57.

Geo Group (NYSE:GEO) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share for the quarter, beating 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 quarter last year, the business earned $0.14 EPS. Geo Group’s revenue for the quarter 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. Sell-side analysts anticipate that Geo Group Inc will post 1.2 EPS for the current year.

Geo Group 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.