Tejara Capital Ltd purchased a new stake in shares of Geo Group Inc (The) (NYSE:GEO – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 232,700 shares of the real estate investment trust’s stock, valued at approximately $3,751,000. Geo Group makes up approximately 0.9% of Tejara Capital Ltd’s investment portfolio, making the stock its 21st biggest position. Tejara Capital Ltd owned about 0.17% of Geo Group as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. lifted its position in Geo Group by 245.1% during the second quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 782 shares during the period. Bayforest Capital Ltd bought a new stake in shares of Geo Group during the 4th quarter valued at $37,000. Daytona Street Capital LLC purchased a new stake in shares of Geo Group in the 4th quarter worth about $53,000. NewEdge Advisors LLC increased its stake in shares of 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 worth $54,000 after acquiring an additional 839 shares in the last quarter. Finally, LSV Asset Management bought a new position in shares of Geo Group in the 3rd quarter worth about $61,000. 76.10% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, Director Scott Michael Kernan sold 6,633 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $15.24, for a total value of $101,086.92. Following the completion of the transaction, the director directly owned 27,062 shares in the company, valued at $412,424.88. The trade was a 19.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 4.98% of the stock is currently owned by insiders.
Geo Group Price Performance
Geo Group (NYSE:GEO – Get Free Report) last announced its quarterly 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. The company had revenue of $705.21 million for the quarter, compared to analysts’ expectations of $688.89 million. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. Geo Group’s revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. As a group, equities analysts expect that Geo Group Inc will post 1.2 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several research firms recently commented on GEO. Weiss Ratings reissued a “hold (c)” rating on shares of Geo Group in a research note on Friday, March 27th. JonesTrading decreased their target price on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a research note on Friday, March 20th. Finally, Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $34.50.
Check Out Our Latest Report on GEO
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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