The GEO Group, Inc. (NYSE:GEO – Get Ranking) VP Shayn P. March bought 2,500 shares of the agency’s inventory in a transaction dated Monday, November twenty first. The inventory was bought at a median value of $10.00, for a complete transaction of $25,000.00. Following the completion of the transaction, the vp now straight owns 56,779 shares within the firm, valued at roughly $567,790. The sale was disclosed in a doc filed with the Securities & Change Fee, which may be accessed by this hyperlink.
The GEO Group Buying and selling Up 16.2 %
The GEO Group inventory opened at $11.89 on Wednesday. The corporate has a debt-to-equity ratio of 1.77, a fast ratio of 1.21 and a present ratio of 1.21. The agency has a market cap of $1.48 billion, a price-to-earnings ratio of 24.77, a price-to-earnings-growth ratio of 0.41 and a beta of 0.56. The GEO Group, Inc. has a 1 yr low of $5.20 and a 1 yr excessive of $11.92. The agency’s 50 day shifting common value is $8.77 and its two-hundred day shifting common value is $7.70.
The GEO Group (NYSE:GEO – Get Ranking) final posted its quarterly earnings outcomes on Thursday, October twenty seventh. The actual property funding belief reported $0.26 earnings per share (EPS) for the quarter, lacking the consensus estimate of $0.56 by ($0.30). The enterprise had income of $616.68 million throughout the quarter, in comparison with analyst estimates of $605.85 million. The GEO Group had a return on fairness of 16.83% and a internet margin of three.48%. On common, analysis analysts predict that The GEO Group, Inc. will publish 2.49 EPS for the present fiscal yr.
Hedge Funds Weigh In On The GEO Group
A number of institutional traders and hedge funds have lately added to or decreased their stakes in GEO. Versor Investments LP bought a brand new place in The GEO Group throughout the 1st quarter value roughly $193,000. Victory Capital Administration Inc. grew its place in The GEO Group by 110.0% throughout the 1st quarter. Victory Capital Administration Inc. now owns 117,405 shares of the true property funding belief’s inventory value $767,000 after buying an extra 61,496 shares within the final quarter. DGS Capital Administration LLC grew its place in The GEO Group by 18.1% throughout the 1st quarter. DGS Capital Administration LLC now owns 13,615 shares of the true property funding belief’s inventory value $90,000 after buying an extra 2,091 shares within the final quarter. Nationwide Financial institution of Canada FI grew its place in The GEO Group by 76.2% throughout the 1st quarter. Nationwide Financial institution of Canada FI now owns 36,201 shares of the true property funding belief’s inventory value $233,000 after buying an extra 15,650 shares within the final quarter. Lastly, IndexIQ Advisors LLC bought a brand new place in The GEO Group throughout the 1st quarter value roughly $449,000. 84.02% of the inventory is presently owned by hedge funds and different institutional traders.
Wall Road Analysts Forecast Development
Quite a few equities analysts have issued experiences on the inventory. StockNews.com raised shares of The GEO Group from a “maintain” score to a “purchase” score in a report on Tuesday. Wedbush upgraded shares of The GEO Group from a “impartial” score to an “outperform” score and lifted their value goal for the inventory from $10.00 to $14.00 in a analysis report on Tuesday.
About The GEO Group
The GEO Group, Inc (NYSE: GEO) is a number one diversified authorities service supplier, specializing in design, financing, growth, and assist providers for safe services, processing facilities, and group reentry facilities in the USA, Australia, South Africa, and the UK. GEO’s diversified providers embrace enhanced in-custody rehabilitation and post-release assist by the award- successful GEO Continuum of Care, safe transportation, digital monitoring, community-based packages, and correctional well being and psychological well being care.
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