Empowered Funds LLC Takes $10.22 Million Position in CoreCivic, Inc. $CXW

Posted by Geri Gentry on Aug 30th, 2026

Empowered Funds LLC bought a new stake in shares of CoreCivic, Inc. (NYSE:CXW – Free Report) during the second quarter, Holdings Channel reports. The fund bought 336,331 shares of the real estate investment trust’s stock, valued at approximately $10,218,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CXW. Persistent Asset Partners Ltd acquired a new position in CoreCivic in the 2nd quarter valued at $52,000. Smartleaf Asset Management LLC boosted its stake in CoreCivic by 33.0% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,829 shares of the real estate investment trust’s stock worth $59,000 after purchasing an additional 702 shares during the last quarter. Leonteq Securities AG purchased a new stake in shares of CoreCivic during the fourth quarter worth $57,000. Fifth Third Bancorp grew its holdings in shares of CoreCivic by 320.7% during the fourth quarter. Fifth Third Bancorp now owns 3,340 shares of the real estate investment trust’s stock worth $64,000 after buying an additional 2,546 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in shares of CoreCivic in the fourth quarter valued at about $71,000. Hedge funds and other institutional investors own 85.13% of the company’s stock.

CoreCivic Price Performance

Shares of CXW stock opened at $33.82 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market capitalization of $3.34 billion, a PE ratio of 27.06 and a beta of 0.58. The firm’s 50-day moving average is $31.54 and its two-hundred day moving average is $24.39. CoreCivic, Inc. has a 12 month low of $15.73 and a 12 month high of $34.86.

CoreCivic (NYSE:CXW – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.04. The business had revenue of $684.92 million during the quarter, compared to analysts’ expectations of $618.63 million. CoreCivic had a net margin of 5.15% and a return on equity of 9.22%. The business’s revenue for the quarter was up 27.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.59 EPS. CoreCivic has set its FY 2026 guidance at 2.610-2.700 EPS. Analysts predict that CoreCivic, Inc. will post 2.69 earnings per share for the current year.

CoreCivic announced that its board has initiated a share repurchase plan on Monday, August 10th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to repurchase up to 15.7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Insiders Place Their Bets

In related news, EVP Anthony L. Grande sold 12,564 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $33.85, for a total transaction of $425,291.40. Following the completion of the sale, the executive vice president directly owned 144,782 shares of the company’s stock, valued at approximately $4,900,870.70. This trade represents a 7.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mark A. Emkes sold 30,000 shares of the business’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $34.25, for a total transaction of $1,027,500.00. Following the completion of the sale, the director owned 141,274 shares in the company, valued at approximately $4,838,634.50. This trade represents a 17.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 439,287 shares of company stock worth $14,734,193 in the last three months. 1.76% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

CXW has been the topic of several research reports. UBS Group set a $35.00 price target on shares of CoreCivic in a research note on Tuesday, July 7th. Benchmark increased their price objective on shares of CoreCivic from $41.00 to $45.00 and gave the company a “buy” rating in a report on Friday, August 7th. Northland Securities set a $40.00 target price on shares of CoreCivic in a research note on Friday, June 26th. Wall Street Zen upgraded CoreCivic from a “hold” rating to a “buy” rating in a report on Monday, August 10th. Finally, Noble Financial restated an “outperform” rating on shares of CoreCivic in a research report on Monday, August 10th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, CoreCivic has a consensus rating of “Buy” and a consensus price target of $37.00.

Check Out Our Latest Stock Report on CoreCivic

About CoreCivic

(Free Report)

CoreCivic, Inc (NYSE: CXW) is a real estate investment trust specializing in the ownership, management and operation of private correctional and detention facilities in the United States. The company enters into contracts with federal, state and local government agencies to house inmates and detainees in facilities that it owns or operates on a concession basis. In addition to traditional prison operations, CoreCivic provides specialized services such as community-based reentry programs, electronic monitoring and rehabilitation initiatives aimed at reducing recidivism.

CoreCivic’s portfolio encompasses a mix of adult correctional facilities, immigration detention centers, residential reentry centers and other community-based programs.